Author/Editor: Céline Allard, Jorge Iván Canales Kriljenko, Jesus Gonzalez-Garcia, Emmanouil Kitsios, Juan P Trevino, Wenjie Chen.

Release Date:March, 2016

This analysis of the extent of trade integration of sub-Saharan African (SSA) countries in the global economy as well as within the region over the 1995–2013 period focuses on four key concepts: more...

Author/Editor: Derek Anderson, Jorge Iván Canales Kriljenko, Paulo Drummond, Pedro Espaillat, Dirk Muir.

Release Date:October, 2015

What is the impact of economic spillovers from China on sub-Saharan Africa (SSA)? This is an increasingly important question because of China’s growing economic role as a partner of SSA more...

Author/Editor: Charles Enoch, Paul Henri Mathieu, Mauro Mecagni, Jorge I Canales Kriljenko.

Release Date:April, 2015

Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These more...

Author/Editor: Jorge Iván Canales Kriljenko, Mehdi Hosseinkouchack, Alexis Meyer-Cirkel.

Release Date:December, 2014

Sub-Saharan African countries are exposed to spillovers from global financial variables, but theimpact on economic activity is more significant in more financially developed economies.Generalized more...

Author/Editor: Mauro Mecagni, Jorge Iván Canales Kriljenko, Cheikh A. Gueye, Yibin Mu, Masafumi Yabara, Sebastian Weber.

Release Date:June, 2014

This African Department Paper examines the rise in international sovereign bonds issued by African frontier economies and recommends policies for potential first-time issuers. more...

Author/Editor: Jorge Iván Canales Kriljenko, Farayi Gwenhamo, Saji Thomas.

Release Date:January, 2013

Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and more...

Author/Editor: Jorge I Canales Kriljenko.

Release Date:August, 2011

This paper examines whether a mix of tighter fiscal policy, looser monetary policy, and greater reserve build-up would increase growth and depreciate the rand in real terms. The experience of South more...

Author/Editor: Turgut Kisinbay, Eric Parrado, Rodolfo Maino, Jorge Iván Canales Kriljenko.

Release Date:May, 2006

How should a central bank organize itself to produce the best possible inflation forecast? This paper discusses elements for building a comprehensive platform for an inflation forecasting framework. more...

Author/Editor: Jorge Iván Canales Kriljenko, Cem Karacadag, Roberto Pereira Guimarães, Shogo Ishii.

Release Date:March, 2006

Despite increasing exchange rate flexibility, central banks in emerging markets still intervene in their foreign exchange markets for several reasons. In doing so, they face many operational more...

Author/Editor: Jorge Iván Canales Kriljenko, Karl Friedrich Habermeier.

Release Date:August, 2004

The paper examines factors affecting exchange rate volatility, with an emphasis on structural features of the foreign exchange regime. It draws for the first time on detailed survey data collected by more...