Inflationary Pressures in Selected Sub-Saharan African Countries:1970–1986
- Additional Document Info
- View All
This paper examines the monetary and structural sources of inflation in selected Sub-Saharan African countries using data for the period 1970–1986. 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.
author list (cited authors)
Boadu, F. O., & Gyawu, E. A.