01835cas a2200265 a 4500 AALejournalIMF013345 230101c9999 xx r poo 0 0eng d 5.00 USD 9781557756695 1018-5941 BD-DhAAL BD-DhAAL Maehle, Nils. Exchange Rate Liberalization in Selected Sub-Saharan African Countries Successes, Failures, and Lessons / Nils Maehle, Haimanot Teferra, Armine Khachatryan. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (71 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Many sub-Saharan African (SSA) countries liberalized their economies in the 1980s and early 1990s. This paper reviews the foreign exchange regime reforms in selected SSA, and their associated macroeconomic policies and economic performance during and after these reforms were undertaken. Before liberalization, most of the reviewed countries were characterized by extensive foreign exchange rationing, sizeable black market premiums, and declining per capita real income. Today, the countries that successfully reformed look markedly different. Rationing and parallel market spreads are a distant memory, and per capita income has increased sharply. Mode of access: Internet Khachatryan, Armine. Teferra, Haimanot. IMF Working Papers; Working Paper ; No. 2013/032 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/032/001.2013.issue-032-en.xml IMF e-Library