Coverart for item
The Resource FDI to Africa : the role of price stability and currency instability, Kenneth Rogoff and Carmen Reinhart

FDI to Africa : the role of price stability and currency instability, Kenneth Rogoff and Carmen Reinhart

Label
FDI to Africa : the role of price stability and currency instability
Title
FDI to Africa
Title remainder
the role of price stability and currency instability
Statement of responsibility
Kenneth Rogoff and Carmen Reinhart
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary and exchange rate policy may have played in explaining this outcome. Specifically, we document the incidence of inflationary episodes and currency crashes in order to compare countries within the region as well as to make comparisons with other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa's track record with dual and parallel markets. We use the parallel market premia as an indicator of the degree of distortions and extent of transparency. Our findings suggest that this is a promising line of inquiry because Africa does stand apart from other regions in this measure of transparency. We also discuss some of the fiscal underpinnings of Africa's bouts with high inflation
Member of
Action
digitized
Cataloging source
OCLCE
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Rogoff, Kenneth S
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.03/10 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Reinhart, Carmen M.
  • International Monetary Fund
Series statement
IMF Working Paper
Series volume
WP/03/10
http://library.link/vocab/subjectName
  • Investments, Foreign
  • Monetary policy
  • Inflation (Finance)
  • Economic stabilization
  • Prices regulation
  • Financial crises
  • Investissements étrangers
  • Politique monétaire
  • Inflation
  • Stabilisation économique
  • Prix
  • Crises financières
  • Economic stabilization
  • Financial crises
  • Inflation (Finance)
  • Investments, Foreign
  • Monetary policy
  • Africa
Label
FDI to Africa : the role of price stability and currency instability, Kenneth Rogoff and Carmen Reinhart
Instantiates
Publication
Copyright
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 39-40)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
647057927
Dimensions
unknown
Extent
1 online resource (40 pages)
Form of item
online
Isbn
9781451890877
Level of compression
  • lossless
  • lossy
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
Reformatting quality
  • preservation
  • access
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
(OCoLC)647057927
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Label
FDI to Africa : the role of price stability and currency instability, Kenneth Rogoff and Carmen Reinhart
Publication
Copyright
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 39-40)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
647057927
Dimensions
unknown
Extent
1 online resource (40 pages)
Form of item
online
Isbn
9781451890877
Level of compression
  • lossless
  • lossy
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
Reformatting quality
  • preservation
  • access
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
(OCoLC)647057927
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

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