PublicationsBACK

A Macro Model of the Credit Channel in a Currency Union Member: The Case of Benin

Aug 01, 2010 | I. Samake’ | IMF
This paper applies and extends a theoretical model built by Agénor and Montiel (2007) by exploring the effectiveness of government bonds and monetary policy in a small, open, credit-based economy with a fixed exchange rate.
Theme: Long-Term Finance and Capital Markets | Country: Benin | Pages: 26
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…
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…
State of Africa's Infrastructure Report 2025
Jun 05, 2025 | AFC
The State of Africa’s Infrastructure Report is the Africa Finance Corporation’s flagship publication, offering a bold and data-driven…
Governance Framework for Early-Stage Fund Managers and Investment Companies
May 30, 2025 | FSD Africa
This guidance forms part of FSD Africa’s Venture Finance Platform, an initiative addressing the long-term challenges of developing…
AfDB Annual Meetings Side Event: Mobilizing Institutional Capital for Africa’s Financial Sovereignty…
May 28, 2025 | MFW4A
The session opened with a compelling reminder from the moderator that Africa holds vast reserves of institutional capital—pension…
African Development Bank Group Annual Report 2024
May 27, 2025 | AfDB | AfDB
In 2024, the AfDB advanced financial innovation with a pioneering USD 750 million sustainable hybrid capital instrument, helping to…