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Journal of African Economies

1992 - 2013

Current editor(s): Marcel Fafchamps

from Centre for the Study of African Economies (CSAE)
Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Contact information at EDIRC.
Series data maintained by Oxford University Press ().

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1997, volume 6, issue 3

Introduction to December 1995 Plenary Session Exchange Rates pp. 1-16
Ibrahim Elbadawi and Raimundo Soto
Exchange Rate Policy and Development Strategy pp. 17-36
John Harold Williamson
Exchange Rate Issues in Developing and Transitional Economies pp. 37-73
Sebastian Edwards
Real Exchange Rates and Macroeconomic Adjustment in Sub-Saharan Africa and Other Developing Countries pp. 74-120
Ibrahim A Elbadawi and Raimundo Soto
Foreign Exchange Rate Regimes and Macroeconomic Performance in Sub-Saharan Africa pp. 121-49
Cletus K Dordunoo and Dominique Njinkeu
Foreign Exchange Market Efficiency Tests in Sub-Saharan Africa pp. 150-92
Janine Aron and Melvin Ayogu
Introduction to May 1996 Plenary Session: The Political Economy and Effects of Macroeconomic Policies pp. 193-98
David L. Bevan and Francis M Mwega
Saving in Sub-Saharan Africa: A Comparative Analysis pp. 199-228
Francis M Mwega
Irreversibility, Uncertainty and Private Investment: Analytical Issues and Some Lessons for Africa pp. 229-68
Luis Servén
Comments on 'The Irreversibility, Uncertainty and Private Investment: Analytical Issues and Some Lessons for Africa.' pp. 269-71
Kupukile Mlambo
Institutions as Investments pp. 272-87
Robert H. Bates
Comments on 'Institutions as Investments.' pp. 288-91
David L. Bevan
Sources of Slow Growth in African Economies pp. 335-76
Jeffrey D Sachs and Andrew M. Warner
Modelling the Determinants of Government Expenditure in Sub-Saharan Africa pp. 377-90
David Fielding
Policy Reforms and Technological Change in Egyptian Rice Production: A Frontier Production Function Approach pp. 391-411
Shenggen Fan, Eric J Wailes and Kenneth B Young
Macroeconomic Shocks and Trade Flows within Sub-Saharan Africa: Implications for Optimum Currency Arrangements pp. 412-44
Tamim A Bayoumi and Jonathan David Ostry
Efficiency Wage and Supervision: Theory and Application to the Ivorian Manufacturing Sector pp. 445-62
Jean-Paul Azam and Jean-Yves Lesueur

1997, volume 6, issue 2

The Determinants of Poverty in Cote d'Ivoire in the 1980s pp. 169-96
Christiaan Grootaert
Money and Income Causality in Developing Economies: A Case Study of Selected Countries in Sub-Saharan Africa pp. 197-230
Pene Kalulumia and Pierre Yourougou
HIPCs' Debt Review of the Issues pp. 231-54
Claessens, Stijn, et al
The Determinants of Livestock Prices in Niger pp. 255-95
Marcel Fafchamps and Sarah Gavian
Return Predictability: Evidence from Nigeria's Foreign Exchange Parallel Market pp. 296-313
Melvin Ayogu

1997, volume 6, issue 1

Financial Liberalisation and Financial Markets in Sub-Saharan Africa: A Synthesis pp. 1-28
Ernest Aryeetey, Lemma W Senbet and Christopher R. Udry
Firm-Level Responses to the CFA Devaluation in Cameroon pp. 3-34
Tybout, James, et al
Perspectives on Financial Regulation and Liberalisation in Africa under Incentive Problems and Asymmetric Information pp. 29-88
Mthuli Ncube and Lemma W Senbet
Real Exchange Rate Misalignment in the CFA Zone pp. 35-53
Shantayanan Devarajan
Public Debt and the Exchange Rate in the CFA France Zone pp. 54-84
Jean-Paul Azam
The CFAF Devaluation, Naira Parallel Exchange Rate and Niger's Competitiveness pp. 85-111
Ousmane Samba Mamadou
Comments on 'Perspective on Financial Regulation and Liberalisation in Africa under Incentive Problems and Asymmetric Information.' pp. 89-99
Alan Gelb
Financial Liberalisation and Bank Restructuring in Sub-Saharan Africa: Some Lessons for Sequencing and Policy Design pp. 100-150
Adedoyin Soyibo
Political Monetary Cycles and Independence of the Central Bank in a Monetary Union: An Empirical Test for a BEAC Franc Zone Member Country pp. 112-31
Fouda Seraphin Magloire
The CFA Franc Zone and Fiscal Discipline pp. 132-67
David Stasavage
Comments on 'Financial Liberalisation and Bank Restructuring in Sub-Saharan Africa: Some Lessons for Sequencing and Policy Design.' pp. 151-60
Eno L Inanga
The Characteristics of Informal Financial Markets in Sub-Saharan Africa pp. 161-203
Ernest Aryeetey and Christopher R. Udry
Comments on 'The Characteristics of Informal Financial Markets in Sub-Saharan Africa.' pp. 204-11
Machiko Nissanke
From Direct to Indirect Monetary Control in Sub-Saharan Africa pp. 212-64
Alan R Roe and Nii Kwaku Sowa
Comments on 'From Direct to Indirect Monetary Control in Sub-Saharan Africa.' pp. 265-72
O'Connell, Stephen A

1996, volume 5, issue 3

Economic Growth and Economic Consequences of External Shocks in Sub-Saharan Africa: Introduction pp. 1-6
Patrick K Asea and Carmen M. Reinhart
Fiscal Adjustment and Growth: In and Out of Africa pp. 7-59
Klaus Schmidt-Hebbel
Comments on 'Fiscal Adjustment and Growth in and out of Africa' by Klaus Schmidt-Hebbel pp. 60-64
Ali A Ali
Financial Policies and Economic Growth: Theory, Evidence and Country-Specific Experience from Sub-Saharan Africa pp. 65-98
Peter J. Montiel
International Commodity Prices, Macroeconomic Performance and Politics in Sub-Saharan Africa pp. 99-191
Angus S. Deaton and Ron Miller
Uncertainty, Trade, and Capital Flows in Sub-Saharan Africa pp. 192-224
John T. Cuddington, Hong Liang and Shihua Lu
Comments on 'Uncertainty, Trade and Capital Flows in Sub-Saharan Africa,' by John T. Cuddington, Hong Liang and Shihua Lu pp. 225-30
S Ibi Ajayi
Le Prix de l'Argent: How (Not) to Deal with Capital Inflows pp. 231-71
Patrick K Asea and Carmen M. Reinhart
Comments on 'Le Prix de l'Argent: How (Not) to Deal with Capital Inflows' by Patrick K. Asea and Carmen M. Reinhart pp. 272-75
Ibrahim A Elbadawi
Asymmetries in the Behaviour of Members of a Monetary Union: A Game-Theoretic Model with an Application to West Africa pp. 343-65
David Fielding
The Spatial Integration of Livestock Markets in Niger pp. 366-405
Marcel Fafchamps and Sarah Gavian
The Failure of Aid and Adjustment Policies in Sub-Saharan Africa: Counter-Examples and Policy Proposals pp. 406-43
Paul Mosley
The Credibility Problem in Trade Liberalisation: Empirical Evidence form Kenya pp. 444-68
Ritva Reinikka
Marketing Natural Products and the Development of Synthetic Substitutes: A Kenyan Example pp. 469-96
Alex Winter-Nelson

1996, volume 5, issue 2

Growth and Rent Dissipation: The Case of Kenya pp. 177-98
Arne Bigsten and Karl Ove Moene
The Revenues and Expenditures of African Governments: Modalities and Consequences pp. 199-227
Mark Gersovitz and Christina Paxson
Cohort-Specific Rural-Urban Migration in Africa pp. 228-70
Charles M Becker and Christopher D Grewe
The Impact of Agricultural Technology in Sub-Saharan Africa pp. 271-92
James F Oehmke and Eric Winthrop Crawford
Small Country Experiences with Exchange Rates and Inflation: The Case of Botswana pp. 293-326
J K Atta, Keith Jefferis and Mannathoko

1996, volume 5, issue 1

The Circular Migration of Smallholders in Kenya pp. 1-20
Arne Bigsten
Price Competitiveness and Variability in Egyptian Cotton: Effects of Sectoral and Economy-Wide Policies pp. 21-51
Romeo M Bautista and Clemen G Gehlhar
CFA Franc Zone Membership and Exchange Rate Variability pp. 52-68
Andreas Savvides
Real Exchange Rate Measures of Trade Liberalisation: Some Evidence for Mauritius pp. 69-91
Chris Robert Milner and Andy McKay
Land-Ownership, Working Capital and Agricultural Output: Egypt 1913-58 pp. 92-158
Jean-Louis Arcand
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