|
|
|
|
Title: |
Inflationary Pressures in Selected Sub-Saharan
African Countries: 1970-1986 |
| Author: |
Boadu, Fred O.;
Gyawu, Emmanuel A. |
| Author
Affiliation: |
TX A&M U;
BellSouth Corporation |
| Source: |
International Economic Journal, Summer 1992, v. 6, no. 2, pp. 57-67 |
|
Publication Date: |
Summer 1992 |
|
Abstract: |
This paper examines the monetary and
structural sources of inflation in selected Sub-Saharan African
countries using data for the period 1970-86. Monetary variables, such as
the money supply and exchange rates, were combined with structural
variables such as food production, exports, imports, and debt service to
determine the effects on inflation. The results show that changes in the
monetary factors are key in explaining inflation in the region. The
paper concludes that the ongoing structural adjustment programs, with a
focus on exchange rate alignments and efficiency in public finance, may
be steps in the right direction. |
|
