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National Bank of Rwanda Research Day

Jaime de Melo (Ferdi, IGC, Université de Genève) spoke on the Continental Free Trade Area for Africa (AfCFTA) and the Common External Tariff (CET) assessments of the East African Community (EAC).

On 10 June 2019, the National Bank of Rwanda organized a research day on the theme "Towards new strategies for regional and domestic monetary policies".

Jaime de Melo, Senior Fellow at Ferdi, spoke on the Continental Free Trade Area for Africa (AfCFTA) and the Common External Tariff (CET) assessments of the East African Community (EAC). For the AfCFTA, he advocated for a concentration of resources towards the provision of regional public goods. Its review of ECA's integration assessments expresses concern about the likely consequences of the ongoing negotiations on a change in the Common External Tariff (CET).

 

 

 

 

 

 

 

 

 

 

 

PROGRAM

  

9:00-9:20

Welcoming remarks (Hon. Governor, National Bank of Rwanda - BNR)

9:20-9:50

Keynote address: Strategies for Regional Integration: Regional Public Goods are key to a successful AFCFTA - Jaime de Melo (IGC, FERDI and University of Geneva)

 

Session 1: Regional monetary policy

9:50-10:20

Paper 1: EAC Monetary Union: ready or not? – Prof. Thomas Kigabo (BNR)

10:20-10:50

Paper 2: Examining the Impact of the Common External Tariff of the East African Community in Rwanda – Garth Frazer (University of Toronto), Presented by Anna Twum (IGC)

  

11:10 -11:40

Paper 3: Reform of the EAC Common External Tariff: Evidence from trade costs - Jaime de Melo (IGC, FERDI and University of Geneva)

11:40-12:10

Paper 4: The consequences of Brexit for Africa: The case of the East African Community - Andrew Mold (UNECA)

12:10-13:10

Lunch break

 

Session 2: Domestic monetary policy

13:10-13:30

Paper 5: Moving from monetary targeting framework to price based monetary policy: The experience of the National Bank of Rwanda – Prof. Thomas Kigabo (BNR)

13:30-13:50

Paper 6: Bank lending channel of monetary policy transmission in Rwanda: Evidence from bank-level data – Christian Nyalihama (BNR)

13:50-14:10

Paper 7: Exchange rate pass-through to consumer prices in Rwanda – Patrick Hitayezu (BNR)

 

Session 3: Domestic growth and trade

14:10-14:30

Paper 8: Estimates of District GDP – Paul Brimble (MINECOFIN)

14:30-14:50

Paper 9: Economic Geography of Rwanda’s Cities - Anirudh Rajashekar (IGC)

14:50-15:00

Closing remarks

  
  

 

 

 

 

 

 

 

 

Journée de recherche de la Banque nationale du Rwanda

Jaime de Melo (Ferdi, IGC, Université de Genève) est intervenu sur la Zone Continentale de Libre-échange pour l'Afrique (ZCLEA) et sur les évaluations du Tarif Extérieur Commun (TEC) de la Communauté d'Afrique de l'Est (CEA).

Le 10 juin 2019, la Banque nationale du Rwanda a organisé une journée de recherche dont le thème était "Vers de nouvelles stratégies pour les politiques monétaires régionales et nationales".

Jaime de Melo, Senior fellow à la Ferdi, est intervenu sur la Zone Continentale de Libre-échange pour l'Afrique (ZCLEA) et sur les évaluations du Tarif Extérieur Commun (TEC) de la Communauté d'Afrique de l'Est (CEA). Pour la ZCLEA, il a présenté un plaidoyer pour une concentration de ressources vers la provision de biens publics régionaux. Son recensement des évaluations de l’intégration de la CEA exprime une crainte sur les conséquences probables de la négociation en cours sur une modification du Tarif Extérieur Commun (TEC).

 

 

 

 

 

 

 

 

 

 

 

PROGRAMME

  

9:00-9:20

Welcoming remarks (Hon. Governor, National Bank of Rwanda - BNR)

9:20-9:50

Keynote address: Strategies for Regional Integration: Regional Public Goods are key to a successful AFCFTA - Jaime de Melo (IGC, FERDI and University of Geneva)

 

Session 1: Regional monetary policy

9:50-10:20

Paper 1: EAC Monetary Union: ready or not? – Prof. Thomas Kigabo (BNR)

10:20-10:50

Paper 2: Examining the Impact of the Common External Tariff of the East African Community in Rwanda – Garth Frazer (University of Toronto), Presented by Anna Twum (IGC)

  

11:10 -11:40

Paper 3: Reform of the EAC Common External Tariff: Evidence from trade costs - Jaime de Melo (IGC, FERDI and University of Geneva)

11:40-12:10

Paper 4: The consequences of Brexit for Africa: The case of the East African Community - Andrew Mold (UNECA)

12:10-13:10

Lunch break

 

Session 2: Domestic monetary policy

13:10-13:30

Paper 5: Moving from monetary targeting framework to price based monetary policy: The experience of the National Bank of Rwanda – Prof. Thomas Kigabo (BNR)

13:30-13:50

Paper 6: Bank lending channel of monetary policy transmission in Rwanda: Evidence from bank-level data – Christian Nyalihama (BNR)

13:50-14:10

Paper 7: Exchange rate pass-through to consumer prices in Rwanda – Patrick Hitayezu (BNR)

 

Session 3: Domestic growth and trade

14:10-14:30

Paper 8: Estimates of District GDP – Paul Brimble (MINECOFIN)

14:30-14:50

Paper 9: Economic Geography of Rwanda’s Cities - Anirudh Rajashekar (IGC)

14:50-15:00

Closing remarks