Budgetary Convergence in the WEAMU : Adjustment Through Revenue or Expenditure?

Adjustment Through Revenue or Expenditure?

Budgetary Convergence in the WEAMU : Adjustment Through Revenue or Expenditure?
A regional convergence pact adopted recently by the Conference of Heads of States of WAEMU provides a framework for fiscal convergence similar to the European Union's Maastricht Treaty. Using bivariate co-integration and error-correction models, this paper investigates the relationship between revenue and expenditure in seven member countries to... READ MORE...

Publication date: June 2000
ISBN 9781451853209
$15.00

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