Exchange rate regimes and revenue performance in sub-Saharan Africa
It has been argued that the institutions of the CFA Franc zone may have reduced inflation but that they also induced misalignment of the real exchange rate and that this is the explanation for their dismal revenue performance. This paper uses a panel of 22 countries in sub-Saharan Africa to estimate...
Main Authors: | Adam, C, Bevan, D |
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Format: | Working paper |
Published: |
University of Oxford
2000
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