Search results for "Zone CFA"
showing 2 items of 2 documents
Croissance et convergence des pays de la zone CFA : une étude par les données de panel non stationnaires
2011
During the recent years, african countries in the CFA zone have experienced many economic changes on the one hand through the measures initiated by bilateral and multilateral donors and on the other hand through the economic and monetary integration policies. Thus, relying on the assumption that because of these interventions, the economic systems incorporate various phenomena such as structural change and economic interdependencies, we studied their major implications on growth, convergence and growth predictability. Emphasis is first placed on the major features of integration policies in a monetary union, while stressing the possible implications of such policies on the economic dynamics…
Contrainte de crédit et convergence vers la frontière technologique: Qu'en est-il des pays de la Zone CFA ?
2014
EnglishThis work aims to study the effects of credit-market imperfection on the convergence of the cfa zone to the frontier growth rate. It focuses on the fact that a less efficient credit market is a constraint that prevents these countries to benefit from technology transfer and causes them to deviate from the frontier of growth. The empirical approach based on generalized method of moments (gmm) in dynamic panel shows that a low level of financial development significantly slow the rate of convergence of these countries. francaisCe travail a pour objectif d’etudier les effets de l’imperfection du marche du credit sur la convergence des pays de la communaute financiere africaine (cfa) ver…