1.

Record Nr.

UNINA9910460779103321

Autore

Dept International Monetary Fund. African

Titolo

West African Economic and Monetary Union [[electronic resource]]

Pubbl/distr/stampa

Washington, : International Monetary Fund, 2015

ISBN

1-4843-2672-5

1-4843-2651-2

Descrizione fisica

1 online resource (108 p.)

Collana

IMF Staff Country Reports ; ; v.Country Report No. 15/101

Disciplina

332.152

Soggetti

Economic development

International Monetary Fund

Finance

Business & Economics

International Finance

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover Page; Title Page; Copyright Page; Contents; BOX; FIGURES; FIGURES; FIGURES; TABLES; BOX; FIGURES; BOXES; FIGURES; BOXES; FIGURES; TABLES; A. External Sector Developments; 1. Recent Developments; 2. Outlook; 1. Growth and Fiscal Consolidation Scenario; B. Exchange Rate Assessment; 3. Exchange Rate Assessment; C. Reserve Adequacy; 4. Foreign Exchange Coverage; 5. NFA-Commercial Banks; 6. Reserve Adequacy; D. Non-Price Competitiveness; 7. Doing Business; References; EXTERNAL STABILITY ASSESSMENT; A. Introduction; 1. Developments in Commercial Banks' Balance Sheets; B. Possible Causes

2. Fiscal and External Imbalances3. Interest Rates; C. Risks; 4. Interbank Market Activity by Maturity; D. Policy Options; DEVELOPMENTS IN CENTRAL BANK LIQUIDITY PROVISION: A HARBINGER OF WIDER MACROFINANCIAL RISKS IN THE WAEMU?; A. Benchmarking Financial Access; 1. WAEMU: Financial Access; 2. Demographical Characteristics of Financial Access; 3. Deposit and Payment Modes; 4. Use of Loans; 5. Firms; B. Explaining Private Sector Credit Gaps; 6. Drivers of the Financial Gap; 7. Credit to the Private Sector; 1.



Determinants of Financial Inclusiveness Gaps, 2004-2013

C. Identifying the Most Binding Constraints to Firms' Financial Inclusion2. WAEMU: Target Moments; 8. Lowering Participation Costs; 9. Lowering the Cost of Intermediation; 10. Lowering Collateral Constraints; References; FINANCIAL INCLUSION IN THE WAEMU; A. Introduction; 1. The WAEMU's Market for Mobile Payments; 2. Provider if Mobile Payments in the WAEMU; 3. Mobile Banking Across Demographical Groups, 2011; B. Possible Impediments to Mobile Payments in the WAEMU; 4. Number of Bank and Remittance Partners; 5. Transaction Cost for Selected Providers

6. Mobile Service Provided in the WAEMU, Kenya and Tanzania1. Kenya's M-PESA Experience (based on IMF, 2012; C. Oversight Issues in Mobile Payments; D. Main Conclusions; References; MOBILE PAYMENTS IN THE WAEMU; A. Growth, Volatility and Productivity; 1. Growth and Volatility; 2. Productivity; B. Recent Trends in the Structure of Output and Exports; 3. Output Diversification; 1. Export Diversification and Quality; 4. Export Product and Partner Diversification; 5. Export Quality; 6. Gains from Structural Transformation, Diversification and Quality Upgrading

C. Fostering Growth through Structural Transformation and Diversification2. Reforms which foster Structural Transformation; 3. The Role of Agriculture in Structural Transformation; D. Demographic Trends and Employment; 7. Demographics; 4. The Demographic Dividend; References; GROWTH, STRUCTURAL TRANSFORMATION, AND DIVERSIFICATION IN THE WAEMU; A. Introduction; 1. Stylized Facts: Trade within ECOWAS; B. Stylized Facts on Trade and Tariffs within WAEMU and ECOWAS; 1: Structure of ECOWAS and WAEMU CET; C. Partial Equilibrium Effects of Changes in the Tariff Structure

2. Price Elasticities of Imports - Individual Countries