Series: IMF Staff Position Notes
Author(s): Johannes Mueller , Irene Yackovlev , and Hans Weisfeld
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 March 2009
Keywords: Current account deficits, Credit risk, Banking sector, Bank supervision, Aid flows, External shocks, Financial crisis, Monetary unions, Monetary policy, Liquidity management
Most WAEMU countries are likely to see economic growth deteriorate over the next two years as a result of the global economic crisis, and some WAEMU countries will be more severely affected by the crisis than other...