Inflationary Pressures in Selected Sub-Saharan African Countries:19701986 Academic Article uri icon

abstract

  • This paper examines the monetary and structural sources of inflation in selected Sub-Saharan African countries using data for the period 19701986. 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. [E31]. 1992, Taylor & Francis Group, LLC. All rights reserved.

published proceedings

  • International Economic Journal

author list (cited authors)

  • Boadu, F. O., & Gyawu, E. A.

citation count

  • 2

complete list of authors

  • Boadu, Fred O||Gyawu, Emmanuel A

publication date

  • January 1992