Scandinavian Working Papers in Economics
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Department of Economics, Lund University Working Papers, Department of Economics, Lund University

No 2001:13:
Economic and Institutional Reforms in French-Speaking West Africa: Impact on Efficiency and Growth

Anders Danielson ()

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, have 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.

Keywords: economic reforms; West Africa; institutions; privatization; (follow links to similar papers)

JEL-Codes: O10; O19; O23; O55; (follow links to similar papers)

38 pages, August 22, 2001

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This paper is published as:
Danielson, Anders, (2003), 'Economic and Institutional Reforms in French-Speaking West Africa: Impact on Efficiency and Growth' in Kayizzi-Mugerwa, S. (ed.) Reforming Africa's Institutions, pages 105-126, United Nations University Press.

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