PublicationsBACK

Fiscal Discipline in WAEMU: Rules, Institutions, and Markets

Oct 31, 2013 | E. Hitaj, Y.K. Onder | IMF
This paper gauges the scope for market discipline and the effectiveness of the regional surveillance framework in the West African Economic and Monetary Union (WAEMU). In addition, it examines the effectiveness of fiscal rules and institutions in an environment where financial markets fall short of exerting a significant disciplining effect on governments.
Theme: Long-Term Finance and Capital Markets, Banking Supervision and Regulation, Financial Stability & Governance | Country: Benin, Burkina Faso, Guinea-Bissau, Mali, Niger, Senegal, Togo, Côte d'Ivoire | Pages: 29
Download
RELATED PUBLICATIONS
Africa’s Growth Engine: Why Deepening the Financial Sector Matters
Oct 08, 2025 | FSD Africa
This white paper, the first in a series tackling key questions for donors and market actors interested in financial sector…
Stressed and Underserved: African Women and the Weight of the COVID-19-Induced Financial Worry -…
Oct 03, 2025 | AfDB
The COVID-19 pandemic sparked a global crisis like no other, leaving behind severe economic strain and emotional stress. Nowhere were…
MFW4A GAB Ghana trade finance workshop post-event report, 29 September 2025
Oct 01, 2025
On September 11th-12th, 2025 a workshop was held at the Mövenpick Ambassador Hotel in Accra, Ghana, exploring the challenges and…
The Role of Central Banks and Other Financial Sector Regulators and Policymakers in Job Creation in…
Aug 28, 2025 | AFI
Africa continues to face high unemployment, widespread informality, and a rapidly growing youth population entering the labour market…
Trade & Development Finance Brief (ATDFB) Volume 1 Issue 1, 2025: Financing Green Infrastructure
Jul 02, 2025 | Afreximbank
Financing green infrastructure is critical in responding to global environmental challenges, particularly, climate change on account…
African Trade Report 2025: African Trade in a Changing Global Financial Architecture
Jun 09, 2025 | Afreximbank
The 2025 edition of the African Trade Report, published by the African Export-Import Bank (Afreximbank), examines trade and economic…