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Low-income countries in sub-Saharan Africa present unique monetary policy challenges, from the high share of volatile food in consumption to underdeveloped financial markets. This book draws on the International Monetary Fund's research and practice to uncover how monetary policy in this region currently operates, and what changes should be made.

Produktbeschreibung
Low-income countries in sub-Saharan Africa present unique monetary policy challenges, from the high share of volatile food in consumption to underdeveloped financial markets. This book draws on the International Monetary Fund's research and practice to uncover how monetary policy in this region currently operates, and what changes should be made.
Autorenporträt
Andrew Berg is Deputy Director of the IMF's Institute for Capacity Development. He first joined the IMF in 1993 and has most recently worked recently in the Research Department as chief of the development macroeconomic division. Before that, he worked in the African Department, including as chief of the regional studies division and mission chief to Malawi, and in the Department of Strategy Policy and Review. He has also worked at the U.S. Treasury and as an associate of Jeffrey Sachs. He has a Ph.D. in Economics from MIT and an undergraduate degree from Harvard. He has published articles on, among other things, growth accelerations, the macroeconomics of aid, predicting currency crises, inequality, and the implications of public investment for debt sustainability, in addition to monetary policy. Rafael Portillo is at the IMF, where he has worked in the Western Hemisphere, Monetary and Capital Markets, African, and Research Departments. He took leave from the IMF in 2016-17 to work at the Joint Vienna Institute. His work has focused on macroeconomic modeling and monetary policy issues, through surveillance, research and technical assistance. Mr. Portillo has coauthored several IMF policy papers, working papers and academic publications. He received his PhD in Economics in 2006 from the University of Michigan and also holds degrees from the Universite Paris I (Pantheon-Sorbonne) and the Universite Paris IX (Dauphine).