Impact of Franc Zone membership on growth and poverty in African Franc Zone countries

The Franc Zone and particularly the status of CFA francs is the subject of recurrent criticism, which has increased recently. The purpose of the project is to bring scientific elements to the debate.

Complete • September 01, 2018 > April 30, 2019

At the request of the French Treasury, FERDI is carrying out an econometric study to assess whether African countries belonging to the Franc Zone have, as a result of their membership, a different growth rate from that of other developing countries, particularly other African countries.

Also FERDI is investigating whether the elasticity of poverty in Franc Zone countries relative to economic growth is different, due to the lower inflation and greater exchange rate stability of the Franc Zone countries than non-Franc Zone countries.

With the support of

  • Banque de France
  • Trésor public français