Exchange controls and the parallel market economies in sub-Saharan Africa (English)

This paper provides a theoretical framework to understand the way in which exchange controls modify the behavior of the different agents in the economy, leading to the creation of a parallel market economy. It gives the necessary theoretical elements to analyze this parallel market economy and provides a simple methodology to obtain relevant quantitative information about it. Finally, the paper elaborates on some of the policy implications of the...

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Author

Roxburgh,May E.;
Document Date
1984/08/31
Document Type
Departmental Working Paper
Report Number
CPD8434
Volume No
1
Total Volume(s)
1
Country
Ghana,
Region
Western and Central Africa,
Disclosure Date
2017/11/15
Disclosure Status
Disclosed
Doc Name
Exchange controls and the parallel market economies in sub-Saharan Africa
Keywords
exchange control

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Citation

Roxburgh,May E..

Exchange controls and the parallel market economies in sub-Saharan Africa (English). Country Policy Department discussion paper|no. CPD 8434 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/698461492001402989

Exchange controls and the parallel market economies in sub-Saharan Africa (English)

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