5 result(s) for “Dévaluation”
On January 12, 1994, a decision from Dakar shattered the monetary certainties of 14 African countries. The CFA franc suddenly loses 50% of its value against the French franc. For Ivory Coast, the largest economy in the West African Economic and Monetary Union (UEMOA), it is both a painful electric shock and a structura...
In the 1990s, the International Monetary Fund and the World Bank exercised unprecedented control over the Ivorian economy and politics. Between imposed remedies and deep social fractures, the results of this decade remain, even today, a subject of controversy.
Ivorian industry has gone through one of the most decisive periods in its history, from the devaluation of the CFA franc to the first privatizations. Between shock therapies imposed by the Bretton Woods institutions, renewed competitiveness and persistent structural fragilities, the country's industrial fabric has been...
From the recession inherited from the 1980s to the fragile hope of recovery, the Ivorian industry went through, between 1990 and 1993, one of the most trying periods in its history. Under pressure from the Bretton Woods institutions and the leadership of a technocratic Prime Minister, Alassane Ouattara, the country's i...
After two decades of an “Ivorian miracle” driven by industrial growth of 9% per year, Ivory Coast entered the 1980s like a colossus with feet of clay. In the space of ten years, the industrial sector, which had been the pride of the country, collapsed under the combination of a global crisis, an economic model on its l...
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