Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52834
Authors: 
Danielson, Anders
Year of Publication: 
2001
Series/Report no.: 
WIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2001/28
Abstract: 
This essay examines some outcomes of two decades of market oriented reforms in the West African Economic and Monetary Union (WAEMU). In general, economic performance, measured by growth of per capita incomes, has not been encouraging, despite far reaching reforms, including privatization, liberalization, and deep regional integration. Social indicators suggest that poverty reduction has not been achieved through reforms. Several indicators on access to primary health care, and inputs and outcomes in primary education show deteriorating trends in the majority of countries. However, social indicators in the WAEMU are better than those in other countries in sub-Saharan Africa. Finally, the paper attempts to test the extent to which institutional quality in WAEMU differs from that in other parts of the world. The general results from this exercise are that (i) indicators of institutional quality in sub-Saharan Africa is significantly lower than in non-African parts of the world; (ii) this explains much of the growth difference; and (iii) institutional quality in WAEMU does not differ from that in other parts of Africa, despite more centralized institutions.
Subjects: 
economic reforms
West Africa
institutions
privatization
JEL: 
O10
O19
O23
O55
Document Type: 
Working Paper

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