Burkina Faso : Recent Economic Developments.

This paper reviews economic developments on Burkina Faso during 1994-98. Real GDP growth increased sharply following the 1994 CFA franc devaluation from an average of 0.8 percent in 1992-93 to an average of 4.2 percent in 1994-97. As a result, the decline in real terms of GDP per capita was reversed...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Staff Country Reports; Country Report ; No. 1998/065
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments on Burkina Faso during 1994-98. Real GDP growth increased sharply following the 1994 CFA franc devaluation from an average of 0.8 percent in 1992-93 to an average of 4.2 percent in 1994-97. As a result, the decline in real terms of GDP per capita was reversed. In the mining sector, value added is estimated to have increased by about 10 percent in 1997, but official production of gold remains significantly below the level before 1994.
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Physical Description:1 online resource (98 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students