Inflation and Public Debt Reversals in the West African Monetary Zone (WAMZ) Economies
Yaya Cham
MPRA Paper from University Library of Munich, Germany
Abstract:
The research focused on the causes of inflation and public debt reversal in the West African Monetary Zone (WAMZ) economies. Several factors influencing public debt reversal and inflation, including weak institutions, high government spending, influence from external shock and lack of proper revenue mobilization, were discussed. The impact of these factors on the WAMZ economies has also been examined. These countries suffer from high inflationary pressures, increasing borrowing costs and slow economic growth. Policies and other methods implemented by the WAMZ economies to address these challenges have also been evaluated. The last section of the research looks at the challenges these economies face in implementing the policy responses stipulated to address public debt reversals and inflation.
Keywords: Inflation; Public Debt Reversals; West African Monetary Zone and Economies (search for similar items in EconPapers)
JEL-codes: E5 E52 E58 E6 E62 E63 H2 H3 H30 H5 O5 O55 O57 (search for similar items in EconPapers)
Date: 2023-04-11
New Economics Papers: this item is included in nep-mac and nep-mon
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117027
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