Category Archives: AFRICA
Africa IMF Reports : Kenya 2011
IMF Reports for Kenya 2011
Press Release: IMF Executive Board Approves Three-Year, US$508.7 Million Arrangement Under Extended Credit Facility for Kenya
http://www.imf.org/external/np/sec/pr/2011/pr1122.htm
IMF Survey: IMF Lends $508.7 Million to Help Kenya Launch Key Reforms The IMF approves a $508.7 million loan to back Kenya’s economic program, as the country embarks on reforms arising from the implementation of its new constitution. The program will help Kenya deal with vulnerabilities that could derail its efforts to accelerate growth.
http://www.imf.org/external/pubs/ft/survey/so/2011/car020811a.htm
Country’s Policy Intentions Documents — Kenya: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 17, 2011
http://www.imf.org/External/NP/LOI/2011/KEN/011711.pdf
Country Report No. 11/48: Kenya: Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24636.0
Press Release: IMF and Kenya Host Conference for Sub-Saharan Africa on Improving Tax Revenue Mobilization
http://www.imf.org/external/np/sec/pr/2011/pr1193.htm
Press Release: Statement at the Conclusion of an IMF Mission to Kenya
http://www.imf.org/external/np/sec/pr/2011/pr11194.htm
Press Release: IMF Executive Board Completes First Review Under Extended Credit Facility for Kenya
http://www.imf.org/external/np/sec/pr/2011/pr11266.htm
Country Report No. 11/165: Kenya: First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waivers and Modification of Performance Criteria
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25020.0
Country’s Policy Intentions Documents — Kenya: Letter of Intent and Technical Memorandum of Understanding, June 14, 2011
http://www.imf.org/External/NP/LOI/2011/KEN/061411.pdf
Press Release: Statement by IMF Mission to Kenya
http://www.imf.org/external/
Press Release: IMF Executive Board Completes Second Review Under the Extended Credit Facility for Kenya and Approves Request for Augmentation of Access and US$143.67 Million Disbursement
http://www.imf.org/external/
IMF Survey: IMF Boosts Loan to Kenya to Help Cope With Regional Drought The IMF approves a $143 million loan payout to help Kenya cope with the severe drought in the Horn of Africa and higher food and fuel prices. In its regular review of the country’s economy, the IMF says Kenya is preserving the basis for strong growth.
http://www.imf.org/external/
All information collated from imf.org.
Suggested Books
Robert Bates focuses on Kenya, a country that continued to grow while others declined in Africa, and criticizes the neo-classical turn in development economics.
In this definitive new history, Charles Hornsby demonstrates how independent Kenya’s politics have been dominated by a struggle to deliver security, impartiality, efficiency and growth, but how the legacies of the past have continued to undermine their achievement, making the long-term future of Kenya far from certain.
Africa IMF Reports : Guinea 2011
IMF Reports for Guinea 2011
Country’s Policy Intentions Documents — Guinea: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 30, 2011
http://www.imf.org/External/NP/LOI/2011/GIN/063011.pdf
Country Report No. 11/251: Guinea – Staff-Monitored Program
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25159.0
Press Release: Statement at the Conclusion of an IMF Mission to Guinea
http://www.imf.org/external/
All information collated from imf.org.
Suggested Books
Based on previously unexamined archival records and oral interviews with rank-and-file RDA members, this book reinterprets nationalist history by approaching it from the bottom up.
Frederick Cooper’s latest book on the history of decolonization and independence in Africa helps students understand the historical process from which Africa’s current position in the world has emerged.
Africa IMF Reports : Guinea Bissau 2011
IMF Reports for Guinea Bissau 2011
Press Release: IMF Concludes Staff Visit to Guinea-Bissau
http://www.imf.org/external/np/sec/pr/2011/pr1109.htm
Press Release: Statement at the Conclusion of the IMF Mission to Guinea-Bissau
http://www.imf.org/external/np/sec/pr/2011/pr1197.htm
Press Release: IMF Executive Board Completes Second Review Under the ECF Arrangement with Guinea-Bissau and Approves US$3.85 Million Disbursement
http://www.imf.org/external/np/sec/pr/2011/pr11193.htm
Country’s Policy Intentions Documents — Guinea-Bissau: Supplementary Letter of Intent, Supplementary Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 29, 2011
http://www.imf.org/External/NP/LOI/2011/GNB/042911.pdf
Country Report No. 11/119: Guinea-Bissau: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review – Staff Report; Informational Annex; Press Release on the Review
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24882.0
Press Release: IMF Concludes Staff Visit to Guinea-Bissau
http://www.imf.org/external/np/sec/pr/2011/pr11226.htm
Press Release: IMF Executive Board Completes Third and Financing Assurances Review Under ECF with Guinea-Bissau and Approves US$3.77 Million Disbursement
http://www.imf.org/external/
Country’s Policy Intentions Documents — Guinea-Bissau: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 14, 2011
http://www.imf.org/External/
Country Report No. 11/355: Guinea-Bissau: Third Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review – Staff Report; Joint IMF/World Bank Debt Sustainability Analysis; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau
http://www.imf.org/external/
Country Report No. 11/352: Guinea-Bissau: Joint Staff Advisory Note on the Second Poverty Reduction Strategy Paper
http://www.imf.org/external/
Country Report No. 11/353: Guinea-Bissau: Second Poverty Reduction Strategy Paper
http://www.imf.org/external/
All information collated from imf.org.
Suggested Book
This book provides a collection of papers on conflict, livelihoods, and poverty in Guinea-Bissau based on both the nationally representative 2002 household survey and a small scale survey with both quantitative and qualitative components implemented in 2004.
Africa IMF Reports : Gambia 2011
The following reports are collated from imf.org and will be added to as they are available.
IMF Reports for The Gambia 2011
Country’s Policy Intentions Documents — Gambia, The: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 18, 2010
http://www.imf.org/External/NP/LOI/2010/gmb/121810.pdf
Country Report No. 11/15: The Gambia: Ex-Post Assessment of Longer-Term Program Engagement-an Update
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24568.0
Public Information Notice: IMF Executive Board Discusses Updated Ex-Post Assessment of Longer-Term Program Engagement in The Gambia
http://www.imf.org/external/np/sec/pn/2011/pn1105.htm
Country Report No. 11/22: The Gambia: Seventh Review of the Arrangement Under the Extended Credit Facility, Request for Rephasing of the Eighth Review and Extension of the Arrangement, and Request for Waivers of Nonobservance of Performance Criteria—Staff Report; Informational Annex; Public Information Notice; Press Release on the Executive Board Discussion; and Statement by the Alternate Executive Director for The Gambia.
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24584.0
Country Report No. 11/27: The Gambia: Poverty Reduction Strategy Paper—Progress Report
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24592.0
Press Release: Statement by an IMF Staff Mission to The Gambia
http://www.imf.org/external/np/sec/pr/2011/pr1189.htm
Press Release: Statement by an IMF Staff Visit to The Gambia
http://www.imf.org/external/np/sec/pr/2011/pr11209.htm
Working Paper No. 11/198: De Jure versus De Facto Exchange Rate Regimes in Sub-Saharan Africa Author/Editor: Slavov, Slavi T Summary: There are 22 countries in Sub-Saharan Africa (SSA) with floating exchange rate regimes, de jure. Some target the money supply or the inflation rate; others practice “managed floating.” Statistical analysis on monthly data for the past decade reveals that in most cases these exchange rate regimes can be approximated surprisingly well by a soft peg to a basket dominated by the US dollar. The weight on the dollar appears to have fallen somewhat across the continent in the aftermath of the global financial crisis. Replicating the model with weekly data for The Gambia suggests that the focus on the dollar might be even more pronounced at higher data frequencies. While there might be strong arguments in favor of limiting exchange rate volatility in SSA countries, soft-pegging to the dollar does not appear to be the best fit for them, given the currency structure of their external trade and finance. The paper concludes by discussing some policy options for SSA countries with flexible exchange rates, in the context of an illustrative recent country case.
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25170.0
Press Release: Statement by an IMF Mission to The Gambia
http://www.imf.org/external/
All information from imf.org
Suggested Books
This book teases out the general proposition that while the market is a necessary ingredient for development, it is not by itself a sufficient condition for prosperity_the state’s role, policy framework, and leadership also matter.
We see how global events have affected people’s lives over the past eight centuries in Niumi, a little-known territory located on the north bank of the Gambia River in West Africa.
Africa IMF Reports : Gabon 2011
IMF reports for Gabon 2011
Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Gabon
http://www.imf.org/external/np/sec/pn/2011/pn1130.htm
Country Report No. 11/97: Gabon: 2010 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Gabon
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24828.0
All information collated from imf.org.
Suggested Books
Gabon, Sao Tome & Principe: The Bradt Travel Guide
Historical Dictionary of Gabon (Historical Dictionaries of Africa)
DVD
National Geographic: Gabon – The Last Eden
Map
Cameroon 1:1,500,000 and Gabon 1:950,000 Travel Map
Africa IMF Reports : Ethiopia 2011
The following items are collated from imf.org and will be added to as more become available.
IMF reports for Ethiopia 2011
Press Release: Statement by an IMF Staff Mission on the 2011 Article IV Consultation with Ethiopia
http://www.imf.org/external/np/sec/pr/2011/pr11207.htm
Suggested Books
- Ethiopia, 5th (Bradt Travel Guide Ethiopia)
- Ethiopia 1:2,000,000 Travel Map
- The Political Economy of Economic Growth in Africa, 1960-2000 (Volume 1)
Africa IMF Reports : Equatorial Guinea 2011
The following items are collated from imf.org and will be added to as reports become available.
IMF Reports for Equatorial Guinea 2011
 IMF Executive Board Concludes 2011 Article IV Consultation with Equatorial Guinea
http://www.imf.org/external/np/sec/pr/2011/pr11234.htm
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books
- The IMF and Aid to Sub-Saharan Africa
- Capitalism and the Transformation of Africa
 (Reports from Equatorial Guinea0
Call for submissions: African Diaspora Archaeology Newsletter
The African Diaspora Archaeology Network and Newsletter works to provide a focal point for archaeological, cultural and historical studies of African Diasporas, with news, current research, information and links to other web resources related to the archaeology and history of descendants of African peoples. We also seek contributions that facilitate a contextual bridge between material culture and social history to better understand the textural footprints of African Diaspora culture. Through this engagement the ADAN seeks to connect an intellectual community that considers the historical processes of racialization, gender, power, and culture operating within and upon African descendant communities. Our quarterly Newsletter reaches an international readership of at least several thousand for each issue.
Please contact either co-editors Whitney Battle-Baptiste at wbbaptiste@anthro.umass.edu, or Kelley Deetz at kdeetz@randolphcollege.edu, or Christopher Barton, at tua94766@temple.edu , if you have essays, articles, analysis papers, project reports, announcements, or news updates that you’d like to contribute to the African Diaspora Archaeology Newsletter. The Newsletter is published quarterly, in March, June, September, and December, and is available online at:
http://www.diaspora.uiuc.edu/newsletter.html
Africa IMF Reports : Democratic Republic of Congo 2011
IMF Reports for the Democratic Republic of Congo 2011
Press Release: IMF Executive Board Completes Second Review Under the ECF Arrangement with the Democratic Republic of the Congo and Approves US$77 Million Disbursement
http://www.imf.org/external/np/sec/pr/2011/pr1135.htm
Country’s Policy Intentions Documents — Congo, Democratic Republic of the: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 21, 2011
http://www.imf.org/External/NP/LOI/2011/COD/012111.pdf
Country’s Policy Intentions Documents — Congo, Republic of: Letter of Intent, and Technical Memorandum of Understanding, May 19, 2010
http://www.imf.org/External/NP/LOI/2010/cog/051910.pdf
Country Report No. 11/54: Democratic Republic of the Congo: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of the Congo
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24661.0
Press Release: Statement at the Conclusion of a Staff Visit to the Democratic Republic of the Congo
http://www.imf.org/external/np/sec/pr/2011/pr1166.htm
Press Release: IMF Executive Board Completes Third Review Under the ECF Arrangement with the Democratic Republic of the Congo and Approves US$80 Million Disbursement
http://www.imf.org/external/np/sec/pr/2011/pr11154.htm
Country’s Policy Intentions Documents — Congo, Democratic Republic of the: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 11, 2011
http://www.imf.org/External/NP/LOI/2011/COD/041111.pdf
Country Report No. 11/190: Democratic Republic of the Congo: Third Review of the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, and Request for Modification of Performance Criteria – Staff Report and Press Release on the Executive Board Discussion
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25061.0
All information collated from imf.org
Suggested Books
In this deeply reported book, Jason Stearns vividly tells the story of this misunderstood conflict through the experiences of those who engineered and perpetrated it.
- The Democratic Republic of Congo: Economic Dimensions of War and Peace (International Peace Academy Occasional Paper)
- Heart Of Diamonds: A novel of scandal, love, and death in the Congo
Heart Of Diamonds is a fast-paced tale of ambition, avarice, betrayal, and love.
Africa IMF Reports : Ivory coast 2011
IMF Reports for Ivory Coast 2011
Ivory Coast IMF Survey: West Africa’s Recovery Threatened by Côte d’Ivoire Crisis West Africa’s ongoing economic recovery is being threatened by the prolonged political crisis in Côte d’Ivoire. The economic impact on the West African Economic and Monetary Union and the broader region of last year’s disputed national elections in Côte d’Ivoire is becoming more severe.
http://www.imf.org/external/pubs/ft/survey/so/2011/car031711a.htm
Press Release: Statement by IMF Managing Director Dominique Strauss-Kahn on Côte d’Ivoire
http://www.imf.org/external/np/sec/pr/2011/pr11146.htm
Press Release: IMF Executive Board Approves US$129 Million Disbursement to Côte d’Ivoire Under the Rapid Credit Facility
http://www.imf.org/external/np/sec/pr/2011/pr11272.htm
Country Report No. 11/194: Côte d’Ivoire – Cancellation of the Extended Credit Facility Arrangement and Request for Disbursement Under the Rapid Credit Facility
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25069.0
Press Release: IMF Executive Board Approves Three-Year, US$615.9 Million Extended Credit Facility Arrangement and Additional Interim Debt Relief for Côte d’Ivoire
http://www.imf.org/external/
IMF Survey: Resilient Côte d’Ivoire Gets $615 Million IMF Loan to Back Recovery The IMF Executive Board approves a $615 million loan to Côte d’Ivoire to back the West African country’s rebound from a decade of civil unrest. The loan supports a medium-term policy program that features a range of structural reforms to accelerate the country’s economic recovery.
http://www.imf.org/external/
Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with Côte d’Ivoire
http://www.imf.org/external/
Country Report No. 11/328: Côte d’Ivoire: 2011 Article IV Consultation and Requests for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries – Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d’Ivoire.
http://www.imf.org/external/
All information collated from imf.org
Suggested Books
McGovern argues that only deep knowledge of a region—its history, languages, literature, and popular culture—can yield meaningful insights into political decision making.
In the 1990s a nationwide crime wave overtook Côte d’Ivoire. The Ivoirian police failed to control the situation, so a group of poor, politically marginalized, and mostly Muslim men took on the role of the people’s protectors as part of a movement they called Benkadi.
Other Africa politics books
Other Africa economy books
Africa IMF Reports : Chad 2011
IMF reports for Chad 2011
Working Paper No. 11/15: To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession Author/Editor: Nakane, Masato ; Steinberg, Chad Summary: The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by international standards and small relative to the large output shock. This paper explores Japan’s cyclical labor market response to the global financial crisis. Our findings suggest that: (i) employment responsiveness has been historically low but rising over time with the increasing importance of the non-regular workforce; (ii) the labor market response was consistent with historical patterns once we control for the size of the output shock; and (iii) the comparatively lower employment response vis-à-vis other countries can in part be explained by the quick implementation of an employment subsidy program, a more flexible wage system, and a corporate governance structure that places workers rights above shareholders.
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24590.0
Working Paper No. 11/57: Modeling Inflation in Chad Author/Editor: Kinda, Tidiane Summary: This paper examines the determinants of inflation in Chad using quarterly data from 1983:Q1 to 2009:Q3. The analysis is based on a single-equation model, completed by a structural vector auto regression model to capture inflation persistence. The results show that the main determinants of inflation in Chad are rainfall, foreign prices, exchange rate movements, and public spending. The effects of rainfall shocks and changes in foreign prices on inflation persist during six quarters. Changes in public spending and the nominal exchange rate affect inflation during three and four quarters, respectively.
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24705.0
Press Release: Statement at the Conclusion of an Mission to Chad
http://www.imf.org/external/np/sec/pr/2011/pr11235.htm
IMF Survey: Higher Oil Production, Better Security Improve Chad’s Prospects Higher oil output and new capital projects should boost Chad’s medium-term growth and alleviate electricity disruptions, the IMF’s regular assessment of the nation’s economy says, adding that Chad should use its oil windfall to rebuild a savings buffer against the risk of an oil price drop.
http://www.imf.org/external/
All information collated from imf.org
Suggested Books
- Chad in Pictures (Visual Geography (Twenty-First Century))
- Chad — Towards Democratisation or Petro-Dictatorship?: Discussion Paper 29 (NAI Discussion Papers)
Chad is currently undergoing two processes of utmost importance for its future–democratization and oil extraction. The democratization process has been slow and almost come to a stalemate; meanwhile the oil extraction has accelerated.
Africa IMF Reports : Central African Republic 2011
IMF Reports for Central African Republic 2011
Press Release: Statement at the Conclusion of an IMF Mission to the Central African Republic
http://www.imf.org/external/np/sec/pr/2011/pr11278.htm
Press Release: Statement at the Conclusion of an IMF Mission to the Central African Republic
http://www.imf.org/external/
All information collated from imf.org
Suggested Books
An overview of Central African Republic’s geography and history, along with an exploration of the political, economic, and cultural landscape of this landlocked country in central Africa.
The Central African Republic is one of the least-known African countries. This volume is the first to give a cultural overview of the key elements of this former French colony.