 Regional Impact of Cote D'Ivoire'S Sociopolitical Crisis: An AssessmentDorothy Engmann, Ousmane Dore and Benoít Anne No 2003/085, IMF Working Papers from International Monetary Fund Abstract: This paper evaluates the impact of the sociopolitical crisis in Côte d'Ivoire on the economies of its neighbors. Using a nonsubjective weighted index of regional instability in cross-country time-series regressions, it shows that the increase in regional instability caused by domestic instability in Côte d'Ivoire had a negative effect on the growth performance of its most direct neighbors, but no significant effect on the subregion as a whole including the West African Economic and Monetary Union (WAEMU). The paper also examines the channels through which such spillover effects took place. Keywords: WP; Côte d'Ivoire; country; Regional Integration; Contagion; Economic Growth; Regressions; WAEMU country; instability index; neighboring country; sociopolitical crisis; country authorities' estimate; West African country; landlocked country; Côte d'Ivoire's index; growth rate; Imports; Exports; Foreign direct investment; Private investment; West Africa; Africa (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2003/085 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC. |
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