Fund study on inflation volatility in West Africa
An International Monetary Fund paper, published in March, finds that high levels of inflation in West African Economic and Monetary Union countries leads to inflation uncertainty and relative price variability.
Carlos Fernandez Valdovinos and Kerstin Gerling, the paper's authors, examine inflation uncertainty and relative price variability in Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo from 1994 to 2009.
The results show that the higher inflation experienced
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