Benin : Selected Issues and Statistical Appendix

1BENEA2008008 Image
Price:  $18.00

Release Date: © August, 2008
ISBN : 978-1-45180-358-7
Stock #: 1BENEA2008008
English
Stock Status: On back-order

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Description

This paper examines the external sustainability and competitiveness of Benin’s economy. Balance of payments flows suggest Benin’s external position is sustainable. Large trade and current account deficits are comfortably financed by inflows through the capital and financial accounts, in particular project grants and loans, private capital, and inflows to commercial banks. It is estimated that Benin could sustain a net foreign liability position in the range of 40–60 percent of GDP, corresponding to current account deficits of 3–5 percent of GDP.

Taxonomy

Balance of payments , Competition , Economic cooperation , International trade , Monetary unions




More publications in this series: IMF Staff Country Reports