Regional Impact of Cote D'Ivoire's Sociopolitical Crisis An Assessment

This paper evaluates the impact of the sociopolitical crisis in Cote d'Ivoire on the economies of its neighbors. Using a nonsubjective weighted index of regional instability in cross-country time-series regressions, it shows that the increase in regional instability caused by domestic instabili...

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Bibliographic Details
Main Author: Engmann, Dorothy
Other Authors: Anne, Benoit, Dore, Ousmane
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2003
Series:IMF Working Papers
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper evaluates the impact of the sociopolitical crisis in Cote d'Ivoire on the economies of its neighbors. Using a nonsubjective weighted index of regional instability in cross-country time-series regressions, it shows that the increase in regional instability caused by domestic instability in Cote d'Ivoire had a negative effect on the growth performance of its most direct neighbors, but no significant effect on the subregion as a whole including the West African Economic and Monetary Union (WAEMU). The paper also examines the channels through which such spillover effects took place
Physical Description:36 pages
ISBN:9781451850772