After decades of heavy trade restrictions, fiscal distortions, and currency overvaluation, Cameroon implemented important commercial and fiscal policy reforms. Almost simultaneously, a major CFA devaluation cut the international price of Cameroon's currency in half. The authors examine the effects of these reforms on the incentive structure that manufacturing firms...

Under the regime of the World Trade Organisation (WTO), local and regional policies are increasingly determined by global factors. One example is the New Partnership for Africa's Development (NEPAD). It stresses an earlier notion of African Renaissance, which includes the emphasis on collective self-reliance, but at the same time seeks closer cooperation with the g...

The strategy adopted by Benin to strengthen its macroeconomic stability and promote private-investment-led growth has been detailed in the note. The statistical data on gross domestic product by sector of origin at current prices and at constant supply, production and producer prices of cotton, products, production, and cultivated area of principal food crops in Be...

The strategy adopted by Benin to strengthen its macroeconomic stability and promote private-investment-led growth has been detailed in the note. The statistical data on gross domestic product by sector of origin at current prices and at constant supply, production and producer prices of cotton, products, production, and cultivated area of principal food crops in Be...

The Food Outlook analyses trends and developments in the markets for cereals, the oilseeds complex, sugar, meat, dairy and fish products. The November 2018 edition also offers a detailed analysis of the cassava markets and the protracted decline in international coffee prices. An additional feature article analyses conditions in the global market for bananas and ma...

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin. We find that in addition to institutional and regulatory developments, public investment and private capital formation faci...

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin. We find that in addition to institutional and regulatory developments, public investment and private capital formation faci...

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin. We find that in addition to institutional and regulatory developments, public investment and private capital formation faci...