Togo : Selected Issues

1TGOEA2009001 Image
Price:  $18.00

Release Date: © May, 2009
ISBN : 978-1-45183-666-0
Stock #: 1TGOEA2009001
English
Stock Status: On back-order

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Description

This Selected Issues Paper examines the main channels of transmission of the global financial crisis on Togo’s economy. This paper assesses its impact, focusing on 2009 and considering country-specific factors that may aggravate, mitigate, or offset its effects. The decrease in global demand has already brought down the prices of its main exports, phosphate and cotton, which already had problems. The increase in unemployment in Europe and the United States may also affect Togo through lower remittances, which have been a significant source of income.

Taxonomy

Balance of trade , Commodities , Economic cooperation , Economic policy , Financial crisis , Fiscal policy , International financial system , International trade , Monetary unions , Political economy




More publications in this series: IMF Staff Country Reports