EconPapers    
Economics at your fingertips  
 

Poverty and Growth in the WAEMU after the 1994 Devaluation

Jean-Paul Azam

No RP2004-19, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper brings out that poverty increased massively in the wake of the 1994 devaluation of the CFA franc, despite a significant recovery of economic growth. Although this increase affected all the social groups, it fell mostly on the urban poor. An analytical model is presented, which explains this puzzle by the stratification of the labour market, assuming that the formal sector workers are at the same time the investors in the informal sector.

Keywords: Economic development; Income distribution; Government policy (Poor); Econometric models (Unemployment) (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/rp2004-019.pdf (application/pdf)

Related works:
Journal Article: Poverty and Growth in the WAEMU after the 1994 Devaluation (2004)
Working Paper: Poverty and Growth in the WAEMU after the 1994 Devaluation (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2004-19

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().

 
Page updated 2022-01-13
Handle: RePEc:unu:wpaper:rp2004-19