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V. Local-Currency Government Debt Markets in Africa: Experiences and Policy Challenges

V. Local-Currency Government Debt Markets in Africa: Experiences and Policy Challenges »

Source: Regional Economic Outlook, April 2007, Sub-Saharan African

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 April 2007

ISBN: 9781589066397

Keywords: debt, domestic debt, debt management, exchange rate regime, exporting countries

Introduction In past decades the debate on debt in Africa focused almost exclusively on external debt. More recently large-scale debt relief under the HIPC Initiative and the MDRI im...

CHAPTER 4. Policy Implications

CHAPTER 4. Policy Implications »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

The generally disappointing record of African RTAs warrants a reexamination of the underlying assumptions. Is the record disappointing because no preconditions were established to make the RTAs beneficial, d...

CHAPTER 5. Role of the IMF

CHAPTER 5. Role of the IMF »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

The discussion so far highlights the need to take a broad perspective in thinking about how to make African RTAs work better. Careful design and sustained implementation are necessary to make any RTA deliver...

CHAPTER 2. Regional Trade Arrangements in Africa

CHAPTER 2. Regional Trade Arrangements in Africa »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

A. Global Background RTAs have been proliferating exponentially throughout the world. Nearly all countries now participate in at least one RTA, and approximately 300 RTAs, both bilat...

Back Matter

Back Matter »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

In recent years, African policymakers have increasingly resorted to regional trade arrangements (RTAs) as a substitute for broad-based trade liberalization. This trend has long-term implications for the effectivene...

Front Matter

Front Matter »

Source: Regional Trade Arrangements in Africa

Series: IMF Special Issues

Author(s): Sanjeev Gupta , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2005

ISBN: 9781589064393

Keywords: Trade, Trade policy, trade liberalization, intraregional trade, regional integration, trade barriers, regional trade

In recent years, African policymakers have increasingly resorted to regional trade arrangements (RTAs) as a substitute for broad-based trade liberalization. This trend has long-term implications for the effectivene...