Franc Zone, economic growth and poverty reduction

Zone franc, croissance économique et pauvreté

Sosso Feindouno (), Samuel Guérineau (), Patrick Guillaumont (), Sylviane Guillaumont Jeanneney and Patrick Plane ()
Additional contact information
Sosso Feindouno: FERDI - Fondation pour les Etudes et Recherches sur le Développement International
Samuel Guérineau: École d'économie - Clermont Auvergne - UCA [2017-2020] - Université Clermont Auvergne [2017-2020], CERDI - Centre d'Études et de Recherches sur le Développement International - UCA [2017-2020] - Université Clermont Auvergne [2017-2020] - CNRS - Centre National de la Recherche Scientifique
Sylviane Guillaumont Jeanneney: FERDI - Fondation pour les Etudes et Recherches sur le Développement International
Patrick Plane: CERDI - Centre d'Études et de Recherches sur le Développement International - UCA [2017-2020] - Université Clermont Auvergne [2017-2020] - CNRS - Centre National de la Recherche Scientifique

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Abstract: Econometric analysis of the long term consequences of Zone franc membership for economic growth and poverty reduction in African member countries let evidence two main conclusions. First the possible costs linked to rate of exchange fixity seem limited. Second the benefits linked to monetary stability, while they have not been significant as for the economic growth of member countries, have been so for poverty reduction, meaning a more inclusive growth in Franc Zone.

Date: 2019-12-20
Note: View the original document on HAL open archive server: https://hal.science/hal-02535105
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Published in FERDI Notes brèves / Policy briefs, 2019, B195

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