Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 94
Book Description
Macroeconomic Management and the Black Market for Foregin Exchange in Sudan
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 94
Book Description
Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 94
Book Description
Macroeconomic Management and the Black Market for Foreign Exchange in Sudan
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
ISBN:
Category : Black market
Languages : en
Pages : 100
Book Description
High exchange rate premiums make controlling inflation more difficult and hurt both official exports and tax revenue from foreign trade. A high premium also accelerates capital flight.
Publisher: World Bank Publications
ISBN:
Category : Black market
Languages : en
Pages : 100
Book Description
High exchange rate premiums make controlling inflation more difficult and hurt both official exports and tax revenue from foreign trade. A high premium also accelerates capital flight.
Sudan
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484342291
Category : Business & Economics
Languages : en
Pages : 40
Book Description
This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness.
Publisher: International Monetary Fund
ISBN: 1484342291
Category : Business & Economics
Languages : en
Pages : 40
Book Description
This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness.
Anatomy of Black Market for Dollars in Sudan
Author: Ibrahim Onour
Publisher:
ISBN:
Category :
Languages : en
Pages : 18
Book Description
This paper investigates efficiency performance of the black market for foreign exchange in Sudan. The finding of the paper indicates the inefficiency hypothesis cannot be rejected. This result implies, authorities in the central bank need to be cautious about use of the black market depreciation rate as indicator to official exchange rate devaluation rate. The finding of the paper also shows there is no significant evidence of structural change in the behavior of the black market due to the loss of the country a significant portion of its oil revenue after the country split. This result can be interpreted as evidence of weak association of the black market with fundamentals of the economy.
Publisher:
ISBN:
Category :
Languages : en
Pages : 18
Book Description
This paper investigates efficiency performance of the black market for foreign exchange in Sudan. The finding of the paper indicates the inefficiency hypothesis cannot be rejected. This result implies, authorities in the central bank need to be cautious about use of the black market depreciation rate as indicator to official exchange rate devaluation rate. The finding of the paper also shows there is no significant evidence of structural change in the behavior of the black market due to the loss of the country a significant portion of its oil revenue after the country split. This result can be interpreted as evidence of weak association of the black market with fundamentals of the economy.
The Supply Response to Exchange Rate Reform in Sub-Saharan Africa
Author: Mustapha Rouis
Publisher: World Bank Publications
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 96
Book Description
Publisher: World Bank Publications
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 96
Book Description
The Parallel Foreign Exchange Market and Macroeconomic Performance in Ethiopia
Author: Deresse Degefa
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Ethiopia
Languages : en
Pages : 66
Book Description
The Political Economy of Economic Growth in Africa, 1960-2000
Author: B. J. Ndulu
Publisher: Cambridge University Press
ISBN: 0521878497
Category : Business & Economics
Languages : en
Pages : 992
Book Description
Volume 2 of an analysis of the economic development of Sub-Saharan Africa, 1960-2000.
Publisher: Cambridge University Press
ISBN: 0521878497
Category : Business & Economics
Languages : en
Pages : 992
Book Description
Volume 2 of an analysis of the economic development of Sub-Saharan Africa, 1960-2000.
World Bank Adjustment Lending and Economic Performance in Sub-Saharan Africa in the 1980s
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
ISBN:
Category : Loans, Foreign
Languages : en
Pages : 104
Book Description
Publisher: World Bank Publications
ISBN:
Category : Loans, Foreign
Languages : en
Pages : 104
Book Description
Recognizing Reality—Unification of Official and Parallel Market Exchange Rates
Author: Mr.Simon T Gray
Publisher: International Monetary Fund
ISBN: 1513568639
Category : Business & Economics
Languages : en
Pages : 45
Book Description
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel exchange rate market develops, in such circumstances; and when the spread between the official and parallel rates is both substantial and sustained, price levels in the economy typically reflect the parallel market exchange rate. “Recognizing reality” by allowing economic agents to use a market clearing rate benefits economic activity without necessarily leading to more inflation. But a unified, market-clearing exchange rate will not stabilize without a supportive fiscal and monetary context. A number of country case studies are included; my thanks to Jie Ren for pulling together all the data for the country case studies, and the production of the charts.
Publisher: International Monetary Fund
ISBN: 1513568639
Category : Business & Economics
Languages : en
Pages : 45
Book Description
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel exchange rate market develops, in such circumstances; and when the spread between the official and parallel rates is both substantial and sustained, price levels in the economy typically reflect the parallel market exchange rate. “Recognizing reality” by allowing economic agents to use a market clearing rate benefits economic activity without necessarily leading to more inflation. But a unified, market-clearing exchange rate will not stabilize without a supportive fiscal and monetary context. A number of country case studies are included; my thanks to Jie Ren for pulling together all the data for the country case studies, and the production of the charts.
Parallel Exchange Rates in Developing Countires Lessons from Eight Case Studies
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 62
Book Description
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 62
Book Description