The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries
The study carried out on behalf of the Conference of Ministers of Agriculture of West and Central Africa represents one of the first attempts to analyze the impact of the devaluation of the CFA Franc that took place in early 1994. Its main focus is on the impact the change in parity has had on the c...
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
1996
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| Acceso en línea: | https://hdl.handle.net/10568/157113 |
| _version_ | 1855531131262205952 |
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| author | Badiane, Ousmane |
| author_browse | Badiane, Ousmane |
| author_facet | Badiane, Ousmane |
| author_sort | Badiane, Ousmane |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The study carried out on behalf of the Conference of Ministers of Agriculture of West and Central Africa represents one of the first attempts to analyze the impact of the devaluation of the CFA Franc that took place in early 1994. Its main focus is on the impact the change in parity has had on the cereal sectors of the region, keeping in mind the limited time the economies have had to adjust to the changes. The study is based on data from selected countries, including Niger, Burkina Faso, Côte d'Ivoire, Ghana, Mali, and Senegal. The assessment of the impact of the devaluation of the CFA Franc in early 1994 on the cereal sector starts with the analysis of the historical relationships between cereal prices and the exchange rate in selected West Africa countries. In addition, a model examining the transmission of the changes in the value of the CFA franc to producer prices is developed and estimated, in order to gain more insight on the role of different factors in determining the level of transmission. In the subsequent parts of the study, a comparative analysis of the impact across cereal sectors and individual countries is carried out. |
| format | Artículo preliminar |
| id | CGSpace157113 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1996 |
| publishDateRange | 1996 |
| publishDateSort | 1996 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1571132025-11-06T06:49:08Z The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries Badiane, Ousmane cereal products industry currencies devaluation The study carried out on behalf of the Conference of Ministers of Agriculture of West and Central Africa represents one of the first attempts to analyze the impact of the devaluation of the CFA Franc that took place in early 1994. Its main focus is on the impact the change in parity has had on the cereal sectors of the region, keeping in mind the limited time the economies have had to adjust to the changes. The study is based on data from selected countries, including Niger, Burkina Faso, Côte d'Ivoire, Ghana, Mali, and Senegal. The assessment of the impact of the devaluation of the CFA Franc in early 1994 on the cereal sector starts with the analysis of the historical relationships between cereal prices and the exchange rate in selected West Africa countries. In addition, a model examining the transmission of the changes in the value of the CFA franc to producer prices is developed and estimated, in order to gain more insight on the role of different factors in determining the level of transmission. In the subsequent parts of the study, a comparative analysis of the impact across cereal sectors and individual countries is carried out. 1996 2024-10-24T12:47:26Z 2024-10-24T12:47:26Z Working Paper https://hdl.handle.net/10568/157113 en Open Access application/pdf International Food Policy Research Institute Badiane, Ousmane. 1996. The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries. MTID Discussion Paper 8. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/157113 |
| spellingShingle | cereal products industry currencies devaluation Badiane, Ousmane The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries |
| title | The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries |
| title_full | The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries |
| title_fullStr | The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries |
| title_full_unstemmed | The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries |
| title_short | The impact of the CFA devaluation on cereal markets in selected CMA/WCA member countries |
| title_sort | impact of the cfa devaluation on cereal markets in selected cma wca member countries |
| topic | cereal products industry currencies devaluation |
| url | https://hdl.handle.net/10568/157113 |
| work_keys_str_mv | AT badianeousmane theimpactofthecfadevaluationoncerealmarketsinselectedcmawcamembercountries AT badianeousmane impactofthecfadevaluationoncerealmarketsinselectedcmawcamembercountries |