Exchange Rate Policy And The Parallel Market For Foreign Currency In Burundi

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Burundi

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 33 pages
File Size : 55,7 Mb
Release : 2022-07-29
Category : Business & Economics
ISBN : 9798400219238

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Burundi by International Monetary Fund. African Dept. Pdf

Selected Issues

Burundi: Selected Issues and Statistical Appendix

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 85 pages
File Size : 47,7 Mb
Release : 2004-02-17
Category : Business & Economics
ISBN : 9781451802863

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Burundi: Selected Issues and Statistical Appendix by International Monetary Fund Pdf

The strategy underlying the Arusha agreement envisaged a three-year transition period, involving further national reconciliation steps, implementation of lasting power-sharing arrangements, and initiation of national reconstruction. To overcome poverty, Burundi should diversify its economy and establish new sources of economic growth. The increasing regional integration will also help to accelerate economic growth. The parallel market in Burundi is still sizable, and the exchange rate differential remains a source of financial distortion. The statistical data of economic indices of Burundi are presented in this paper.

Exchange Rate Policy and Adjustment in Africa

Author : Pierre Jacquemot,Elsa Assidon
Publisher : Unknown
Page : 224 pages
File Size : 54,5 Mb
Release : 1988
Category : Africa, Sub-Saharan
ISBN : IND:30000025897947

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Exchange Rate Policy and Adjustment in Africa by Pierre Jacquemot,Elsa Assidon Pdf

Exchange Controls and Parallel Market Economies in Sub-Saharan Africa

Author : Ernesto May
Publisher : Unknown
Page : 168 pages
File Size : 51,7 Mb
Release : 1985
Category : Black market
ISBN : MINN:31951P001858790

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Exchange Controls and Parallel Market Economies in Sub-Saharan Africa by Ernesto May Pdf

This paper provides a theoretical framework to understand the way in which exchange controls modify the behavior of the different agents in the economy, leading to the creation of a parallel market economy. It gives the necessary theoretical elements to analyze this parallel market economy and provides a simple methodology to obtain relevant quantitative information about it. Finally, the paper elaborates on some of the policy implications of the existence of a parallel market economy. The model developed shows that the parallel market activities can be explained through the optimizing behavior of exporters and importers, which determines the amount of import and export smuggling, the level of the rent-seeking activity, and the black market exchange rate that is consistent with an equilibrium position where no one has any more incentives to move from their attained position. A method to detect the presence, and assess the magnitude of the parallel market economy, as well as to explain its behavior quantitatively, is then developed and applied to the case of Ghana.

Parallel Currency Markets in Developing Countries

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 52 pages
File Size : 45,7 Mb
Release : 1990-12-01
Category : Business & Economics
ISBN : 9781451943221

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Parallel Currency Markets in Developing Countries by International Monetary Fund Pdf

The paper reviews recent theoretical and empirical developments in the analysis of informal currency markets in developing countries. The basic characteristics of these markets are highlighted, and alternative analytical models to explain them are discussed. The implications for exchange rate policy —including imposition of foreign exchange restrictions, devaluation, and unification of exchange markets— in countries with a sizable parallel market are also examined.

Recent Developments in Financial Management and Economics

Author : Derbali, Abdelkader Mohamed Sghaier
Publisher : IGI Global
Page : 458 pages
File Size : 44,6 Mb
Release : 2024-03-18
Category : Business & Economics
ISBN : 9798369326848

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Recent Developments in Financial Management and Economics by Derbali, Abdelkader Mohamed Sghaier Pdf

The field of Financial Management & Economics (FME) is constantly adapting to the changing economic landscape, observing the ongoing developments in the global business environment. These shifting dynamics have introduced a variety of influences, both fleeting and enduring, that deeply affect the decision-making foundations within the business arena. Researchers are tasked with shedding light on the bigger picture, capturing the essence of both subtle and significant shifts. As they confront unprecedented challenges, the imperative to document and comprehend these transformations resonates more urgently than ever before. Recent Developments in Financial Management and Economics is a work that beckons academics, researchers, and industry professionals to engage in the exploration of these changes. This book has a singular objective: to provide professionals, academics, and researchers with new theoretical frameworks and the latest empirical research findings. The book focuses on trust as a key driver, influencing different levels of Financial Management & Economics. It explores trust across the global economy and individual interactions in networked settings, offering guidance for navigating the complexities of today's interconnected financial and economic systems.

The Political Economy of Economic Growth in Africa, 1960-2000

Author : B. J. Ndulu
Publisher : Cambridge University Press
Page : 992 pages
File Size : 44,6 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780521878494

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The Political Economy of Economic Growth in Africa, 1960-2000 by B. J. Ndulu Pdf

Volume 2 of an analysis of the economic development of Sub-Saharan Africa, 1960-2000.

Risk Analysis and Portfolio Modelling

Author : Elisa Luciano,David Allen
Publisher : MDPI
Page : 224 pages
File Size : 53,8 Mb
Release : 2019-10-16
Category : Business & Economics
ISBN : 9783039216246

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Risk Analysis and Portfolio Modelling by Elisa Luciano,David Allen Pdf

Financial Risk Measurement is a challenging task, because both the types of risk and the techniques evolve very quickly. This book collects a number of novel contributions to the measurement of financial risk, which address either non-fully explored risks or risk takers, and does so in a wide variety of empirical contexts.

Burundi

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 79 pages
File Size : 46,7 Mb
Release : 2002-11-06
Category : Business & Economics
ISBN : 9781451802849

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Burundi by International Monetary Fund Pdf

This paper assesses Burundi’s 2002 Article IV Consultation and a Request for Post-Conflict Emergency Assistance. Implementation of a Staff-Monitored Program in 2001 was hampered by continued instability and a consequent holding back of donor support. Fiscal performance weakened in the latter part of 2001, mainly reflecting expenditure overruns. The external current account deficit also worsened, and the overall balance of payments was financed by a drawdown of official reserves and a buildup of external debt arrears. The program for the remainder of 2002 and the first half of 2003 focuses on key short-term stabilization measures.

Annual Report on Exchange Arrangements and Exchange Restrictions 2013

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 105 pages
File Size : 45,9 Mb
Release : 2013-12-15
Category : Business & Economics
ISBN : 9781484366806

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Annual Report on Exchange Arrangements and Exchange Restrictions 2013 by International Monetary Fund. Monetary and Capital Markets Department Pdf

This is the 64th issue of the AREAER. It provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It also provides information on the operation of foreign exchange markets and controls on international trade. It describes controls on capital transactions and measures implemented in the financial sector, including prudential measures. In addition, it reports on exchange measures imposed by member countries for security reasons. A single table provides a snapshot of the exchange and trade systems of all IMF member countries. The Overview describes in detail how the general trend toward foreign exchange liberalization continued during 2012, alongside a strengthening of the financial sector regulatory framework. The AREAER is available in several formats. The Overview in print and online, and the detailed information for each of the 191 member countries and territories is included on a CD that accompanies the printed Overview and in an online database, AREAER Online. In addition to the information on the exchange and trade system of IMF member countries in 2012, AREAER Online contains historical data published in previous issues of the AREAER. It is searchable by year, country, and category of measure and allows cross country comparisons for time series.

Burundi

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 168 pages
File Size : 55,7 Mb
Release : 2023-07-25
Category : Business & Economics
ISBN : 9798400249358

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Burundi by International Monetary Fund. African Dept. Pdf

Burundi is a fragile state with a history of political tensions and weak institutions. The country fell into a political and security crisis following late President Nkurunziza’s decision to run for a third term in 2015. The economic recovery that was underway in 2019 was slowed by the COVID-19 pandemic. More recently, the country’s economy has been weakened by spillovers of the war in Ukraine, with a double-digit inflation, and domestic shocks, including delayed rainfall and outbreaks of livestock fevers. Burundi has benefited from debt relief under the Catastrophe Containment and Relief Trust (SDR 17.96 million), a disbursement under the Rapid Credit Facility (SDR 53.9 million, 35 percent of quota), and the 2021 SDR allocation (SDR 147.6 million). The 2022 Article IV Consultation was completed in July 2022, the first Article IV since 2014.

Annual Report on Exchange Arrangements and Exchange Restrictions 2016

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 128 pages
File Size : 53,7 Mb
Release : 2016-11-11
Category : Business & Economics
ISBN : 9781498395748

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Annual Report on Exchange Arrangements and Exchange Restrictions 2016 by International Monetary Fund. Monetary and Capital Markets Department Pdf

The AREAER provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF Member countries.

Exchange Rate Volatility and Trade Flows--Some New Evidence

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 132 pages
File Size : 46,6 Mb
Release : 2004-05-19
Category : Business & Economics
ISBN : 9781498330282

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Exchange Rate Volatility and Trade Flows--Some New Evidence by International Monetary Fund Pdf

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