The Gulf Cooperation Council (GCC) countries have pursued ambitious digitalization strategies as part of their broader economic transformation agenda. This paper provides a thorough review of the ...

The Malagasy government aims for self-sufficiency in rice production by 2027, targeting 6 million tons in 2024 and 11 million tons by 2030. Despite recent production increases, challenges such as ...

Madagascar faces significant challenges in electricity access, with only 36 percent of the population connected. The state-owned utility, JIRAMA, struggles with inefficient production, high ...

South Africa's economic growth has stagnated over the past decade due to entrenched structural rigidities. This paper examines the impact of reforms addressing shortcomings in governance, business ...

South Africa’s inflation-targeting framework has served the country well, playing a key role in reducing inflation since 2000. However, with inflation still above that of key trading partners, ...

South Africa’s public debt has tripled since the global financial crisis and is not expected to stabilize over the medium term under staff’s baseline. Cross-country evidence suggests that fiscal rules ...

An International Monetary Fund (IMF) staff team, led by Hans Weisfeld, visited Lomé during March 17 - March 28 to discuss macroeconomic developments and policies. This visit took place in the context ...

Industrial countries have largely completed what is called the "demographic transition"—the transition from a largely rural agrarian society with high fertility and mortality rates to a predominantly ...

Une équipe des services du Fonds monétaire international (FMI), dirigée par Hans Weisfeld, s'est rendue à Lomé entre le 17 et le 28 mars pour examiner l'évolution des politiques macroéconomiques. Cett ...

We study the behavior of Covered Interest Parity (CIP) deviations – aka the CIP basis - in Emerging Markets (EM). A major challenge in computing the CIP basis in EM’s lies in measuring local currency ...

Domestic sovereign bonds have become a growing source of government financing in Emerging Market and Developing Economies (EMDEs). This paper investigates the role of fiscal policies in determining ...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...