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Book Chapter
Transition from ODA to Private Capital FlowsPart of Book Development Finance in the Global Economy
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Working Paper
The Transition from Official Aid to Private Capital Flows
– Implications for a Developing Country
India’s capital account displays a sharp swing in external financing from official assistance to private capital transfers in the 1990s. This paper examines the implications of this transition for the country. An analysis of the private resource...
Working Paper
Modelling Macroeconomic Linkages in a Monetary Union
– A West African Example
We construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation...
Working Paper
The Impact of Monetary Union on Macroeconomic Integration
– Evidence from West Africa
In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union – represented in this case by the CFA Franc Zone – augments the extent of macroeconomic integration. The paper covers a number of dimensions...
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