id	sid	tid	token	lemma	pos
arjefm-71	1	1	american	american	PROPN
arjefm-71	1	2	research	research	PROPN
arjefm-71	1	3	journal	journal	PROPN
arjefm-71	1	4	of	of	ADP
arjefm-71	1	5	economics	economic	NOUN
arjefm-71	1	6	,	,	PUNCT
arjefm-71	1	7	finance	finance	NOUN
arjefm-71	1	8	and	and	CCONJ
arjefm-71	1	9	management	management	NOUN
arjefm-71	1	10	volume	volume	NOUN
arjefm-71	1	11	10	10	NUM
arjefm-71	1	12	issue	issue	NOUN
arjefm-71	1	13	4	4	NUM
arjefm-71	1	14	,	,	PUNCT
arjefm-71	1	15	october	october	PROPN
arjefm-71	1	16	-	-	PUNCT
arjefm-71	1	17	december	december	PROPN
arjefm-71	1	18	2022	2022	NUM
arjefm-71	1	19	issn	issn	NOUN
arjefm-71	1	20	:	:	PUNCT
arjefm-71	1	21	2836	2836	NUM
arjefm-71	1	22	-	-	SYM
arjefm-71	1	23	9416	9416	NUM
arjefm-71	1	24	impact	impact	NOUN
arjefm-71	1	25	factor	factor	NOUN
arjefm-71	1	26	:	:	PUNCT
arjefm-71	1	27	4.85	4.85	NUM
arjefm-71	1	28	journal	journal	NOUN
arjefm-71	1	29	homepage	homepage	NOUN
arjefm-71	1	30	:	:	PUNCT
arjefm-71	1	31	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	1	32	,	,	PUNCT
arjefm-71	1	33	email	email	NOUN
arjefm-71	1	34	:	:	PUNCT
arjefm-71	1	35	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	1	36	official	official	ADJ
arjefm-71	1	37	journal	journal	PROPN
arjefm-71	1	38	of	of	ADP
arjefm-71	1	39	america	america	PROPN
arjefm-71	1	40	serial	serial	PROPN
arjefm-71	1	41	publication	publication	NOUN
arjefm-71	1	42	american	american	PROPN
arjefm-71	1	43	research	research	PROPN
arjefm-71	1	44	journal	journal	PROPN
arjefm-71	1	45	of	of	ADP
arjefm-71	1	46	economics	economic	NOUN
arjefm-71	1	47	,	,	PUNCT
arjefm-71	1	48	finance	finance	NOUN
arjefm-71	1	49	and	and	CCONJ
arjefm-71	1	50	management	management	NOUN
arjefm-71	1	51	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	1	52	,	,	PUNCT
arjefm-71	1	53	email	email	NOUN
arjefm-71	1	54	:	:	PUNCT
arjefm-71	1	55	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	2	1	18	18	NUM
arjefm-71	3	1	|	|	ADV
arjefm-71	3	2	p	p	X
arjefm-71	3	3	a	a	DET
arjefm-71	3	4	g	g	NOUN
arjefm-71	3	5	e	e	NOUN
arjefm-71	3	6	assessing	assess	VERB
arjefm-71	3	7	the	the	DET
arjefm-71	3	8	role	role	NOUN
arjefm-71	3	9	of	of	ADP
arjefm-71	3	10	monetary	monetary	ADJ
arjefm-71	3	11	integration	integration	NOUN
arjefm-71	3	12	in	in	ADP
arjefm-71	3	13	alleviating	alleviate	VERB
arjefm-71	3	14	poverty	poverty	NOUN
arjefm-71	3	15	in	in	ADP
arjefm-71	3	16	cfa	cfa	PROPN
arjefm-71	3	17	zone	zone	PROPN
arjefm-71	3	18	countries	countries	PROPN
arjefm-71	3	19	dr	dr	PROPN
arjefm-71	3	20	.	.	PROPN
arjefm-71	3	21	emile	emile	PROPN
arjefm-71	3	22	nguimkeu	nguimkeu	PROPN
arjefm-71	3	23	tchouakeu	tchouakeu	PROPN
arjefm-71	3	24	lecturer	lecturer	NOUN
arjefm-71	3	25	,	,	PUNCT
arjefm-71	3	26	faculty	faculty	NOUN
arjefm-71	3	27	of	of	ADP
arjefm-71	3	28	economics	economic	NOUN
arjefm-71	3	29	and	and	CCONJ
arjefm-71	3	30	management	management	NOUN
arjefm-71	3	31	(	(	PUNCT
arjefm-71	3	32	fseg	fseg	NOUN
arjefm-71	3	33	)	)	PUNCT
arjefm-71	3	34	,	,	PUNCT
arjefm-71	3	35	university	university	NOUN
arjefm-71	3	36	of	of	ADP
arjefm-71	3	37	yaounde	yaounde	PROPN
arjefm-71	3	38	ii	ii	PROPN
arjefm-71	3	39	,	,	PUNCT
arjefm-71	3	40	abstract	abstract	NOUN
arjefm-71	3	41	:	:	PUNCT
arjefm-71	3	42	this	this	DET
arjefm-71	3	43	paper	paper	NOUN
arjefm-71	3	44	examines	examine	VERB
arjefm-71	3	45	the	the	DET
arjefm-71	3	46	relationship	relationship	NOUN
arjefm-71	3	47	between	between	ADP
arjefm-71	3	48	monetary	monetary	ADJ
arjefm-71	3	49	integration	integration	NOUN
arjefm-71	3	50	and	and	CCONJ
arjefm-71	3	51	poverty	poverty	NOUN
arjefm-71	3	52	reduction	reduction	NOUN
arjefm-71	3	53	in	in	ADP
arjefm-71	3	54	countries	country	NOUN
arjefm-71	3	55	of	of	ADP
arjefm-71	3	56	the	the	DET
arjefm-71	3	57	cfa	cfa	PROPN
arjefm-71	3	58	zone	zone	NOUN
arjefm-71	3	59	.	.	PUNCT
arjefm-71	4	1	while	while	SCONJ
arjefm-71	4	2	the	the	DET
arjefm-71	4	3	role	role	NOUN
arjefm-71	4	4	of	of	ADP
arjefm-71	4	5	monetary	monetary	ADJ
arjefm-71	4	6	integration	integration	NOUN
arjefm-71	4	7	in	in	ADP
arjefm-71	4	8	promoting	promote	VERB
arjefm-71	4	9	economic	economic	ADJ
arjefm-71	4	10	growth	growth	NOUN
arjefm-71	4	11	has	have	AUX
arjefm-71	4	12	been	be	AUX
arjefm-71	4	13	widely	widely	ADV
arjefm-71	4	14	studied	study	VERB
arjefm-71	4	15	,	,	PUNCT
arjefm-71	4	16	its	its	PRON
arjefm-71	4	17	contribution	contribution	NOUN
arjefm-71	4	18	to	to	ADP
arjefm-71	4	19	poverty	poverty	NOUN
arjefm-71	4	20	eradication	eradication	NOUN
arjefm-71	4	21	remains	remain	VERB
arjefm-71	4	22	underexplored	underexplored	ADJ
arjefm-71	4	23	.	.	PUNCT
arjefm-71	5	1	this	this	DET
arjefm-71	5	2	study	study	NOUN
arjefm-71	5	3	aims	aim	VERB
arjefm-71	5	4	to	to	PART
arjefm-71	5	5	fill	fill	VERB
arjefm-71	5	6	this	this	DET
arjefm-71	5	7	gap	gap	NOUN
arjefm-71	5	8	by	by	ADP
arjefm-71	5	9	investigating	investigate	VERB
arjefm-71	5	10	the	the	DET
arjefm-71	5	11	impact	impact	NOUN
arjefm-71	5	12	of	of	ADP
arjefm-71	5	13	monetary	monetary	ADJ
arjefm-71	5	14	integration	integration	NOUN
arjefm-71	5	15	on	on	ADP
arjefm-71	5	16	poverty	poverty	NOUN
arjefm-71	5	17	reduction	reduction	NOUN
arjefm-71	5	18	in	in	ADP
arjefm-71	5	19	the	the	DET
arjefm-71	5	20	cfa	cfa	PROPN
arjefm-71	5	21	zone	zone	NOUN
arjefm-71	5	22	countries	country	NOUN
arjefm-71	5	23	.	.	PUNCT
arjefm-71	6	1	it	it	PRON
arjefm-71	6	2	considers	consider	VERB
arjefm-71	6	3	the	the	DET
arjefm-71	6	4	distributional	distributional	ADJ
arjefm-71	6	5	effects	effect	NOUN
arjefm-71	6	6	of	of	ADP
arjefm-71	6	7	monetary	monetary	ADJ
arjefm-71	6	8	policies	policy	NOUN
arjefm-71	6	9	and	and	CCONJ
arjefm-71	6	10	analyzes	analyze	VERB
arjefm-71	6	11	the	the	DET
arjefm-71	6	12	nature	nature	NOUN
arjefm-71	6	13	,	,	PUNCT
arjefm-71	6	14	intensity	intensity	NOUN
arjefm-71	6	15	,	,	PUNCT
arjefm-71	6	16	and	and	CCONJ
arjefm-71	6	17	geographical	geographical	ADJ
arjefm-71	6	18	spread	spread	NOUN
arjefm-71	6	19	of	of	ADP
arjefm-71	6	20	poverty	poverty	NOUN
arjefm-71	6	21	within	within	ADP
arjefm-71	6	22	this	this	DET
arjefm-71	6	23	region	region	NOUN
arjefm-71	6	24	.	.	PUNCT
arjefm-71	7	1	keywords	keyword	NOUN
arjefm-71	7	2	:	:	PUNCT
arjefm-71	7	3	monetary	monetary	ADJ
arjefm-71	7	4	integration	integration	NOUN
arjefm-71	7	5	,	,	PUNCT
arjefm-71	7	6	poverty	poverty	NOUN
arjefm-71	7	7	reduction	reduction	NOUN
arjefm-71	7	8	,	,	PUNCT
arjefm-71	7	9	cfa	cfa	PROPN
arjefm-71	7	10	zone	zone	NOUN
arjefm-71	7	11	,	,	PUNCT
arjefm-71	7	12	economic	economic	ADJ
arjefm-71	7	13	competitiveness	competitiveness	NOUN
arjefm-71	7	14	,	,	PUNCT
arjefm-71	7	15	global	global	ADJ
arjefm-71	7	16	trade	trade	NOUN
arjefm-71	7	17	introduction	introduction	NOUN
arjefm-71	7	18	much	much	ADJ
arjefm-71	7	19	research	research	NOUN
arjefm-71	7	20	has	have	AUX
arjefm-71	7	21	been	be	AUX
arjefm-71	7	22	undertaken	undertake	VERB
arjefm-71	7	23	on	on	ADP
arjefm-71	7	24	the	the	DET
arjefm-71	7	25	role	role	NOUN
arjefm-71	7	26	of	of	ADP
arjefm-71	7	27	monetary	monetary	ADJ
arjefm-71	7	28	integration	integration	NOUN
arjefm-71	7	29	to	to	PART
arjefm-71	7	30	increase	increase	VERB
arjefm-71	7	31	economic	economic	ADJ
arjefm-71	7	32	growth	growth	NOUN
arjefm-71	7	33	,	,	PUNCT
arjefm-71	7	34	but	but	CCONJ
arjefm-71	7	35	little	little	ADJ
arjefm-71	7	36	is	be	AUX
arjefm-71	7	37	known	know	VERB
arjefm-71	7	38	about	about	ADP
arjefm-71	7	39	monetary	monetary	ADJ
arjefm-71	7	40	integration	integration	NOUN
arjefm-71	7	41	contribution	contribution	NOUN
arjefm-71	7	42	to	to	ADP
arjefm-71	7	43	poverty	poverty	NOUN
arjefm-71	7	44	eradication	eradication	NOUN
arjefm-71	7	45	.	.	PUNCT
arjefm-71	8	1	while	while	SCONJ
arjefm-71	8	2	recent	recent	ADJ
arjefm-71	8	3	theories	theory	NOUN
arjefm-71	8	4	and	and	CCONJ
arjefm-71	8	5	evidence	evidence	NOUN
arjefm-71	8	6	indicate	indicate	VERB
arjefm-71	8	7	that	that	SCONJ
arjefm-71	8	8	monetary	monetary	ADJ
arjefm-71	8	9	integration	integration	NOUN
arjefm-71	8	10	plays	play	VERB
arjefm-71	8	11	an	an	DET
arjefm-71	8	12	important	important	ADJ
arjefm-71	8	13	role	role	NOUN
arjefm-71	8	14	in	in	ADP
arjefm-71	8	15	forcing	force	VERB
arjefm-71	8	16	macroeconomic	macroeconomic	ADJ
arjefm-71	8	17	discipline	discipline	NOUN
arjefm-71	8	18	,	,	PUNCT
arjefm-71	8	19	evaluating	evaluate	VERB
arjefm-71	8	20	the	the	DET
arjefm-71	8	21	role	role	NOUN
arjefm-71	8	22	of	of	ADP
arjefm-71	8	23	monetary	monetary	ADJ
arjefm-71	8	24	integration	integration	NOUN
arjefm-71	8	25	in	in	ADP
arjefm-71	8	26	countries	country	NOUN
arjefm-71	8	27	where	where	SCONJ
arjefm-71	8	28	poverty	poverty	NOUN
arjefm-71	8	29	is	be	AUX
arjefm-71	8	30	widespread	widespread	ADJ
arjefm-71	8	31	is	be	AUX
arjefm-71	8	32	a	a	DET
arjefm-71	8	33	very	very	ADV
arjefm-71	8	34	hard	hard	ADJ
arjefm-71	8	35	and	and	CCONJ
arjefm-71	8	36	complex	complex	ADJ
arjefm-71	8	37	task	task	NOUN
arjefm-71	8	38	.	.	PUNCT
arjefm-71	9	1	due	due	ADP
arjefm-71	9	2	to	to	ADP
arjefm-71	9	3	the	the	DET
arjefm-71	9	4	fact	fact	NOUN
arjefm-71	9	5	that	that	SCONJ
arjefm-71	9	6	,	,	PUNCT
arjefm-71	9	7	the	the	DET
arjefm-71	9	8	causes	cause	NOUN
arjefm-71	9	9	and	and	CCONJ
arjefm-71	9	10	characteristics	characteristic	NOUN
arjefm-71	9	11	of	of	ADP
arjefm-71	9	12	poverty	poverty	NOUN
arjefm-71	9	13	differ	differ	VERB
arjefm-71	9	14	from	from	ADP
arjefm-71	9	15	country	country	NOUN
arjefm-71	9	16	to	to	ADP
arjefm-71	9	17	country	country	NOUN
arjefm-71	9	18	,	,	PUNCT
arjefm-71	9	19	i	i	PRON
arjefm-71	9	20	endeavour	endeavour	VERB
arjefm-71	9	21	to	to	PART
arjefm-71	9	22	carry	carry	VERB
arjefm-71	9	23	out	out	ADP
arjefm-71	9	24	a	a	DET
arjefm-71	9	25	comprehensive	comprehensive	ADJ
arjefm-71	9	26	examination	examination	NOUN
arjefm-71	9	27	of	of	ADP
arjefm-71	9	28	the	the	DET
arjefm-71	9	29	constraints	constraint	NOUN
arjefm-71	9	30	and	and	CCONJ
arjefm-71	9	31	opportunities	opportunity	NOUN
arjefm-71	9	32	for	for	ADP
arjefm-71	9	33	poverty	poverty	NOUN
arjefm-71	9	34	reduction	reduction	NOUN
arjefm-71	9	35	in	in	ADP
arjefm-71	9	36	countries	country	NOUN
arjefm-71	9	37	of	of	ADP
arjefm-71	9	38	the	the	DET
arjefm-71	9	39	cfa	cfa	PROPN
arjefm-71	9	40	zone	zone	NOUN
arjefm-71	9	41	.	.	PUNCT
arjefm-71	10	1	this	this	PRON
arjefm-71	10	2	will	will	AUX
arjefm-71	10	3	require	require	VERB
arjefm-71	10	4	understanding	understanding	NOUN
arjefm-71	10	5	of	of	ADP
arjefm-71	10	6	the	the	DET
arjefm-71	10	7	distributional	distributional	ADJ
arjefm-71	10	8	effect	effect	NOUN
arjefm-71	10	9	of	of	ADP
arjefm-71	10	10	monetary	monetary	ADJ
arjefm-71	10	11	policies	policy	NOUN
arjefm-71	10	12	,	,	PUNCT
arjefm-71	10	13	the	the	DET
arjefm-71	10	14	nature	nature	NOUN
arjefm-71	10	15	,	,	PUNCT
arjefm-71	10	16	intensity	intensity	NOUN
arjefm-71	10	17	,	,	PUNCT
arjefm-71	10	18	and	and	CCONJ
arjefm-71	10	19	spread	spread	VERB
arjefm-71	10	20	of	of	ADP
arjefm-71	10	21	poverty	poverty	NOUN
arjefm-71	10	22	.	.	PUNCT
arjefm-71	11	1	this	this	DET
arjefm-71	11	2	paper	paper	NOUN
arjefm-71	11	3	will	will	AUX
arjefm-71	11	4	therefore	therefore	ADV
arjefm-71	11	5	look	look	VERB
arjefm-71	11	6	at	at	ADP
arjefm-71	11	7	the	the	DET
arjefm-71	11	8	link	link	NOUN
arjefm-71	11	9	between	between	ADP
arjefm-71	11	10	monetary	monetary	ADJ
arjefm-71	11	11	integration	integration	NOUN
arjefm-71	11	12	and	and	CCONJ
arjefm-71	11	13	poverty	poverty	NOUN
arjefm-71	11	14	reduction	reduction	NOUN
arjefm-71	11	15	.	.	PUNCT
arjefm-71	12	1	one	one	NUM
arjefm-71	12	2	of	of	ADP
arjefm-71	12	3	the	the	DET
arjefm-71	12	4	critical	critical	ADJ
arjefm-71	12	5	challenges	challenge	NOUN
arjefm-71	12	6	facing	face	VERB
arjefm-71	12	7	cfa	cfa	PROPN
arjefm-71	12	8	zone	zone	NOUN
arjefm-71	12	9	countries	country	NOUN
arjefm-71	12	10	is	be	AUX
arjefm-71	12	11	how	how	SCONJ
arjefm-71	12	12	to	to	PART
arjefm-71	12	13	enhance	enhance	VERB
arjefm-71	12	14	they	they	PRON
arjefm-71	12	15	economic	economic	ADJ
arjefm-71	12	16	competitiveness	competitiveness	NOUN
arjefm-71	12	17	and	and	CCONJ
arjefm-71	12	18	increase	increase	VERB
arjefm-71	12	19	their	their	PRON
arjefm-71	12	20	share	share	NOUN
arjefm-71	12	21	in	in	ADP
arjefm-71	12	22	the	the	DET
arjefm-71	12	23	global	global	ADJ
arjefm-71	12	24	trade	trade	NOUN
arjefm-71	12	25	in	in	ADP
arjefm-71	12	26	order	order	NOUN
arjefm-71	12	27	to	to	PART
arjefm-71	12	28	achieve	achieve	VERB
arjefm-71	12	29	their	their	PRON
arjefm-71	12	30	poverty	poverty	NOUN
arjefm-71	12	31	reduction	reduction	NOUN
arjefm-71	12	32	targets	target	NOUN
arjefm-71	12	33	.	.	PUNCT
arjefm-71	13	1	among	among	ADP
arjefm-71	13	2	the	the	DET
arjefm-71	13	3	various	various	ADJ
arjefm-71	13	4	strategies	strategy	NOUN
arjefm-71	13	5	adopted	adopt	VERB
arjefm-71	13	6	to	to	PART
arjefm-71	13	7	surmount	surmount	VERB
arjefm-71	13	8	this	this	DET
arjefm-71	13	9	challenge	challenge	NOUN
arjefm-71	13	10	,	,	PUNCT
arjefm-71	13	11	cfa	cfa	PROPN
arjefm-71	13	12	zone	zone	NOUN
arjefm-71	13	13	countries	country	NOUN
arjefm-71	13	14	have	have	AUX
arjefm-71	13	15	consolidated	consolidate	VERB
arjefm-71	13	16	their	their	PRON
arjefm-71	13	17	monetary	monetary	ADJ
arjefm-71	13	18	integration	integration	NOUN
arjefm-71	13	19	.	.	PUNCT
arjefm-71	14	1	however	however	ADV
arjefm-71	14	2	,	,	PUNCT
arjefm-71	14	3	the	the	DET
arjefm-71	14	4	latter	latter	ADJ
arjefm-71	14	5	countries	country	NOUN
arjefm-71	14	6	are	be	AUX
arjefm-71	14	7	not	not	PART
arjefm-71	14	8	the	the	DET
arjefm-71	14	9	only	only	ADJ
arjefm-71	14	10	group	group	NOUN
arjefm-71	14	11	adopting	adopt	VERB
arjefm-71	14	12	this	this	DET
arjefm-71	14	13	strategy	strategy	NOUN
arjefm-71	14	14	.	.	PUNCT
arjefm-71	15	1	many	many	ADJ
arjefm-71	15	2	countries	country	NOUN
arjefm-71	15	3	of	of	ADP
arjefm-71	15	4	the	the	DET
arjefm-71	15	5	world	world	NOUN
arjefm-71	15	6	have	have	AUX
arjefm-71	15	7	grouped	group	VERB
arjefm-71	15	8	together	together	ADV
arjefm-71	15	9	to	to	PART
arjefm-71	15	10	form	form	VERB
arjefm-71	15	11	,	,	PUNCT
arjefm-71	15	12	expand	expand	VERB
arjefm-71	15	13	or	or	CCONJ
arjefm-71	15	14	strengthen	strengthen	VERB
arjefm-71	15	15	various	various	ADJ
arjefm-71	15	16	monetary	monetary	ADJ
arjefm-71	15	17	integration	integration	NOUN
arjefm-71	15	18	arrangements	arrangement	NOUN
arjefm-71	15	19	in	in	ADP
arjefm-71	15	20	the	the	DET
arjefm-71	15	21	last	last	ADJ
arjefm-71	15	22	decade	decade	NOUN
arjefm-71	15	23	.	.	PUNCT
arjefm-71	16	1	in	in	ADP
arjefm-71	16	2	addition	addition	NOUN
arjefm-71	16	3	,	,	PUNCT
arjefm-71	16	4	the	the	DET
arjefm-71	16	5	efficacy	efficacy	NOUN
arjefm-71	16	6	of	of	ADP
arjefm-71	16	7	monetary	monetary	ADJ
arjefm-71	16	8	integration	integration	NOUN
arjefm-71	16	9	arrangements	arrangement	NOUN
arjefm-71	16	10	is	be	AUX
arjefm-71	16	11	revamping	revamp	VERB
arjefm-71	16	12	integration	integration	NOUN
arjefm-71	16	13	of	of	ADP
arjefm-71	16	14	developing	develop	VERB
arjefm-71	16	15	countries	country	NOUN
arjefm-71	16	16	in	in	ADP
arjefm-71	16	17	the	the	DET
arjefm-71	16	18	global	global	ADJ
arjefm-71	16	19	economy	economy	NOUN
arjefm-71	16	20	and	and	CCONJ
arjefm-71	16	21	subsequently	subsequently	ADV
arjefm-71	16	22	their	their	PRON
arjefm-71	16	23	impact	impact	NOUN
arjefm-71	16	24	in	in	ADP
arjefm-71	16	25	reducing	reduce	VERB
arjefm-71	16	26	poverty	poverty	NOUN
arjefm-71	16	27	have	have	AUX
arjefm-71	16	28	become	become	VERB
arjefm-71	16	29	important	important	ADJ
arjefm-71	16	30	subjects	subject	NOUN
arjefm-71	16	31	of	of	ADP
arjefm-71	16	32	analysis	analysis	NOUN
arjefm-71	16	33	in	in	ADP
arjefm-71	16	34	the	the	DET
arjefm-71	16	35	last	last	ADJ
arjefm-71	16	36	decade	decade	NOUN
arjefm-71	16	37	.	.	PUNCT
arjefm-71	17	1	many	many	ADJ
arjefm-71	17	2	recognise	recognise	VERB
arjefm-71	17	3	that	that	SCONJ
arjefm-71	17	4	monetary	monetary	ADJ
arjefm-71	17	5	integration	integration	NOUN
arjefm-71	17	6	forms	form	VERB
arjefm-71	17	7	an	an	DET
arjefm-71	17	8	important	important	ADJ
arjefm-71	17	9	part	part	NOUN
arjefm-71	17	10	of	of	ADP
arjefm-71	17	11	the	the	DET
arjefm-71	17	12	strategy	strategy	NOUN
arjefm-71	17	13	for	for	ADP
arjefm-71	17	14	developing	develop	VERB
arjefm-71	17	15	countries	country	NOUN
arjefm-71	17	16	to	to	PART
arjefm-71	17	17	achieve	achieve	VERB
arjefm-71	17	18	a	a	DET
arjefm-71	17	19	‘	'	PUNCT
arjefm-71	17	20	smooth	smooth	ADJ
arjefm-71	17	21	and	and	CCONJ
arjefm-71	17	22	gradual	gradual	ADJ
arjefm-71	17	23	’	'	PUNCT
arjefm-71	17	24	integration	integration	NOUN
arjefm-71	17	25	into	into	ADP
arjefm-71	17	26	the	the	DET
arjefm-71	17	27	world	world	NOUN
arjefm-71	17	28	economy	economy	NOUN
arjefm-71	17	29	(	(	PUNCT
arjefm-71	17	30	kennes	kenne	NOUN
arjefm-71	17	31	1997	1997	NUM
arjefm-71	17	32	)	)	PUNCT
arjefm-71	17	33	.	.	PUNCT
arjefm-71	18	1	an	an	DET
arjefm-71	18	2	ensuing	ensue	VERB
arjefm-71	18	3	analytical	analytical	ADJ
arjefm-71	18	4	question	question	NOUN
arjefm-71	18	5	is	be	AUX
arjefm-71	18	6	whether	whether	SCONJ
arjefm-71	18	7	and	and	CCONJ
arjefm-71	18	8	how	how	SCONJ
arjefm-71	18	9	monetary	monetary	ADJ
arjefm-71	18	10	integration	integration	NOUN
arjefm-71	18	11	reduces	reduce	VERB
arjefm-71	18	12	poverty	poverty	NOUN
arjefm-71	18	13	.	.	PUNCT
arjefm-71	19	1	data	datum	NOUN
arjefm-71	19	2	used	use	VERB
arjefm-71	19	3	in	in	ADP
arjefm-71	19	4	this	this	DET
arjefm-71	19	5	paper	paper	NOUN
arjefm-71	19	6	therefore	therefore	ADV
arjefm-71	19	7	provides	provide	VERB
arjefm-71	19	8	a	a	DET
arjefm-71	19	9	unique	unique	ADJ
arjefm-71	19	10	opportunity	opportunity	NOUN
arjefm-71	19	11	to	to	PART
arjefm-71	19	12	investigate	investigate	VERB
arjefm-71	19	13	monetary	monetary	ADJ
arjefm-71	19	14	integration	integration	NOUN
arjefm-71	19	15	and	and	CCONJ
arjefm-71	19	16	poverty	poverty	NOUN
arjefm-71	19	17	reduction	reduction	NOUN
arjefm-71	19	18	in	in	ADP
arjefm-71	19	19	the	the	DET
arjefm-71	19	20	cfa	cfa	PROPN
arjefm-71	19	21	zone	zone	NOUN
arjefm-71	19	22	.	.	PUNCT
arjefm-71	20	1	my	my	PRON
arjefm-71	20	2	analysis	analysis	NOUN
arjefm-71	20	3	suggests	suggest	VERB
arjefm-71	20	4	that	that	SCONJ
arjefm-71	20	5	integrated	integrate	VERB
arjefm-71	20	6	monetary	monetary	ADJ
arjefm-71	20	7	policies	policy	NOUN
arjefm-71	20	8	have	have	VERB
arjefm-71	20	9	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	20	10	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	20	11	american	american	PROPN
arjefm-71	20	12	research	research	PROPN
arjefm-71	20	13	journal	journal	PROPN
arjefm-71	20	14	of	of	ADP
arjefm-71	20	15	economics	economic	NOUN
arjefm-71	20	16	,	,	PUNCT
arjefm-71	20	17	finance	finance	NOUN
arjefm-71	20	18	and	and	CCONJ
arjefm-71	20	19	management	management	NOUN
arjefm-71	20	20	volume	volume	NOUN
arjefm-71	20	21	10	10	NUM
arjefm-71	20	22	issue	issue	NOUN
arjefm-71	20	23	4	4	NUM
arjefm-71	20	24	,	,	PUNCT
arjefm-71	20	25	october	october	PROPN
arjefm-71	20	26	-	-	PUNCT
arjefm-71	20	27	december	december	PROPN
arjefm-71	20	28	2022	2022	NUM
arjefm-71	20	29	issn	issn	NOUN
arjefm-71	20	30	:	:	PUNCT
arjefm-71	20	31	2836	2836	NUM
arjefm-71	20	32	-	-	SYM
arjefm-71	20	33	9416	9416	NUM
arjefm-71	20	34	impact	impact	NOUN
arjefm-71	20	35	factor	factor	NOUN
arjefm-71	20	36	:	:	PUNCT
arjefm-71	20	37	4.85	4.85	NUM
arjefm-71	20	38	journal	journal	NOUN
arjefm-71	20	39	homepage	homepage	NOUN
arjefm-71	20	40	:	:	PUNCT
arjefm-71	20	41	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	20	42	,	,	PUNCT
arjefm-71	20	43	email	email	NOUN
arjefm-71	20	44	:	:	PUNCT
arjefm-71	20	45	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	20	46	official	official	ADJ
arjefm-71	20	47	journal	journal	PROPN
arjefm-71	20	48	of	of	ADP
arjefm-71	20	49	america	america	PROPN
arjefm-71	20	50	serial	serial	PROPN
arjefm-71	20	51	publication	publication	NOUN
arjefm-71	20	52	american	american	PROPN
arjefm-71	20	53	research	research	PROPN
arjefm-71	20	54	journal	journal	PROPN
arjefm-71	20	55	of	of	ADP
arjefm-71	20	56	economics	economic	NOUN
arjefm-71	20	57	,	,	PUNCT
arjefm-71	20	58	finance	finance	NOUN
arjefm-71	20	59	and	and	CCONJ
arjefm-71	20	60	management	management	NOUN
arjefm-71	20	61	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	20	62	,	,	PUNCT
arjefm-71	20	63	email	email	NOUN
arjefm-71	20	64	:	:	PUNCT
arjefm-71	20	65	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	21	1	19	19	NUM
arjefm-71	22	1	|	|	ADV
arjefm-71	22	2	p	p	NOUN
arjefm-71	22	3	a	a	DET
arjefm-71	22	4	g	g	NOUN
arjefm-71	22	5	e	e	NOUN
arjefm-71	22	6	direct	direct	ADJ
arjefm-71	22	7	impact	impact	NOUN
arjefm-71	22	8	on	on	ADP
arjefm-71	22	9	the	the	DET
arjefm-71	22	10	income	income	NOUN
arjefm-71	22	11	of	of	ADP
arjefm-71	22	12	the	the	DET
arjefm-71	22	13	poor	poor	ADJ
arjefm-71	22	14	.	.	PUNCT
arjefm-71	23	1	further	far	ADV
arjefm-71	23	2	i	i	PRON
arjefm-71	23	3	found	find	VERB
arjefm-71	23	4	that	that	SCONJ
arjefm-71	23	5	monetary	monetary	ADJ
arjefm-71	23	6	integration	integration	NOUN
arjefm-71	23	7	reduces	reduce	VERB
arjefm-71	23	8	poverty	poverty	NOUN
arjefm-71	23	9	in	in	ADP
arjefm-71	23	10	the	the	DET
arjefm-71	23	11	cfa	cfa	PROPN
arjefm-71	23	12	zone	zone	NOUN
arjefm-71	23	13	.	.	PUNCT
arjefm-71	24	1	the	the	DET
arjefm-71	24	2	rest	rest	NOUN
arjefm-71	24	3	of	of	ADP
arjefm-71	24	4	this	this	DET
arjefm-71	24	5	paper	paper	NOUN
arjefm-71	24	6	is	be	AUX
arjefm-71	24	7	structured	structure	VERB
arjefm-71	24	8	as	as	SCONJ
arjefm-71	24	9	follows	follow	VERB
arjefm-71	24	10	:	:	PUNCT
arjefm-71	24	11	section	section	NOUN
arjefm-71	24	12	one	one	NUM
arjefm-71	24	13	presents	present	VERB
arjefm-71	24	14	the	the	DET
arjefm-71	24	15	literature	literature	NOUN
arjefm-71	24	16	survey	survey	NOUN
arjefm-71	24	17	on	on	ADP
arjefm-71	24	18	the	the	DET
arjefm-71	24	19	definition	definition	NOUN
arjefm-71	24	20	of	of	ADP
arjefm-71	24	21	monetary	monetary	ADJ
arjefm-71	24	22	integration	integration	NOUN
arjefm-71	24	23	.	.	PUNCT
arjefm-71	25	1	section	section	NOUN
arjefm-71	25	2	two	two	NUM
arjefm-71	25	3	analyses	analysis	NOUN
arjefm-71	25	4	,	,	PUNCT
arjefm-71	25	5	the	the	DET
arjefm-71	25	6	basis	basis	NOUN
arjefm-71	25	7	of	of	ADP
arjefm-71	25	8	macroeconomic	macroeconomic	ADJ
arjefm-71	25	9	performance	performance	NOUN
arjefm-71	25	10	,	,	PUNCT
arjefm-71	25	11	poverty	poverty	NOUN
arjefm-71	25	12	lines	line	NOUN
arjefm-71	25	13	and	and	CCONJ
arjefm-71	25	14	the	the	DET
arjefm-71	25	15	distribution	distribution	NOUN
arjefm-71	25	16	of	of	ADP
arjefm-71	25	17	income	income	NOUN
arjefm-71	25	18	in	in	ADP
arjefm-71	25	19	the	the	DET
arjefm-71	25	20	cfa	cfa	PROPN
arjefm-71	25	21	and	and	CCONJ
arjefm-71	25	22	non	non	ADJ
arjefm-71	25	23	cfa	cfa	PROPN
arjefm-71	25	24	zones	zone	NOUN
arjefm-71	25	25	countries	country	NOUN
arjefm-71	25	26	and	and	CCONJ
arjefm-71	25	27	section	section	NOUN
arjefm-71	25	28	three	three	NUM
arjefm-71	25	29	concludes	conclude	VERB
arjefm-71	25	30	.	.	PUNCT
arjefm-71	26	1	1	1	X
arjefm-71	26	2	.	.	X
arjefm-71	26	3	literature	literature	NOUN
arjefm-71	26	4	review	review	VERB
arjefm-71	26	5	monetary	monetary	ADJ
arjefm-71	26	6	integration	integration	NOUN
arjefm-71	26	7	and	and	CCONJ
arjefm-71	26	8	poverty	poverty	NOUN
arjefm-71	26	9	reduction	reduction	NOUN
arjefm-71	26	10	in	in	ADP
arjefm-71	26	11	the	the	DET
arjefm-71	26	12	cfa	cfa	PROPN
arjefm-71	26	13	zone	zone	NOUN
arjefm-71	26	14	the	the	DET
arjefm-71	26	15	term	term	NOUN
arjefm-71	26	16	monetary	monetary	ADJ
arjefm-71	26	17	integration	integration	NOUN
arjefm-71	26	18	may	may	AUX
arjefm-71	26	19	describe	describe	VERB
arjefm-71	26	20	institutional	institutional	ADJ
arjefm-71	26	21	or	or	CCONJ
arjefm-71	26	22	legal	legal	ADJ
arjefm-71	26	23	monetary	monetary	ADJ
arjefm-71	26	24	link	link	NOUN
arjefm-71	26	25	between	between	ADP
arjefm-71	26	26	states	state	NOUN
arjefm-71	26	27	coden	coden	PROPN
arjefm-71	26	28	(	(	PUNCT
arjefm-71	26	29	1972	1972	NUM
arjefm-71	26	30	)	)	PUNCT
arjefm-71	26	31	.	.	PUNCT
arjefm-71	27	1	member	member	NOUN
arjefm-71	27	2	states	state	NOUN
arjefm-71	27	3	in	in	ADP
arjefm-71	27	4	a	a	DET
arjefm-71	27	5	monetary	monetary	ADJ
arjefm-71	27	6	integration	integration	NOUN
arjefm-71	27	7	are	be	AUX
arjefm-71	27	8	subject	subject	ADJ
arjefm-71	27	9	to	to	ADP
arjefm-71	27	10	common	common	ADJ
arjefm-71	27	11	monetary	monetary	ADJ
arjefm-71	27	12	and	and	CCONJ
arjefm-71	27	13	fiscal	fiscal	ADJ
arjefm-71	27	14	policies	policy	NOUN
arjefm-71	27	15	.	.	PUNCT
arjefm-71	28	1	however	however	ADV
arjefm-71	28	2	,	,	PUNCT
arjefm-71	28	3	the	the	DET
arjefm-71	28	4	definition	definition	NOUN
arjefm-71	28	5	of	of	ADP
arjefm-71	28	6	a	a	DET
arjefm-71	28	7	monetary	monetary	ADJ
arjefm-71	28	8	integration	integration	NOUN
arjefm-71	28	9	will	will	AUX
arjefm-71	28	10	be	be	AUX
arjefm-71	28	11	related	relate	VERB
arjefm-71	28	12	to	to	ADP
arjefm-71	28	13	its	its	PRON
arjefm-71	28	14	degree	degree	NOUN
arjefm-71	28	15	of	of	ADP
arjefm-71	28	16	integration	integration	NOUN
arjefm-71	28	17	.	.	PUNCT
arjefm-71	29	1	the	the	DET
arjefm-71	29	2	rational	rational	ADJ
arjefm-71	29	3	for	for	SCONJ
arjefm-71	29	4	any	any	DET
arjefm-71	29	5	monetary	monetary	ADJ
arjefm-71	29	6	integration	integration	NOUN
arjefm-71	29	7	is	be	AUX
arjefm-71	29	8	provided	provide	VERB
arjefm-71	29	9	by	by	ADP
arjefm-71	29	10	the	the	DET
arjefm-71	29	11	general	general	ADJ
arjefm-71	29	12	framework	framework	NOUN
arjefm-71	29	13	of	of	ADP
arjefm-71	29	14	the	the	DET
arjefm-71	29	15	theory	theory	NOUN
arjefm-71	29	16	of	of	ADP
arjefm-71	29	17	optimum	optimum	ADJ
arjefm-71	29	18	currency	currency	NOUN
arjefm-71	29	19	areas	area	NOUN
arjefm-71	29	20	.	.	PUNCT
arjefm-71	30	1	mundell	mundell	PROPN
arjefm-71	30	2	was	be	AUX
arjefm-71	30	3	among	among	ADP
arjefm-71	30	4	the	the	DET
arjefm-71	30	5	first	first	ADJ
arjefm-71	30	6	economic	economic	ADJ
arjefm-71	30	7	theorists	theorist	NOUN
arjefm-71	30	8	who	who	PRON
arjefm-71	30	9	first	first	ADV
arjefm-71	30	10	cited	cite	VERB
arjefm-71	30	11	labour	labour	NOUN
arjefm-71	30	12	mobility	mobility	NOUN
arjefm-71	30	13	as	as	ADP
arjefm-71	30	14	the	the	DET
arjefm-71	30	15	most	most	ADV
arjefm-71	30	16	important	important	ADJ
arjefm-71	30	17	determinant	determinant	ADJ
arjefm-71	30	18	of	of	ADP
arjefm-71	30	19	optimum	optimum	ADJ
arjefm-71	30	20	currency	currency	NOUN
arjefm-71	30	21	area	area	NOUN
arjefm-71	30	22	.	.	PUNCT
arjefm-71	31	1	it	it	PRON
arjefm-71	31	2	facilitates	facilitate	VERB
arjefm-71	31	3	adjustment	adjustment	NOUN
arjefm-71	31	4	between	between	ADP
arjefm-71	31	5	regions	region	NOUN
arjefm-71	31	6	and	and	CCONJ
arjefm-71	31	7	prevents	prevent	VERB
arjefm-71	31	8	economic	economic	ADJ
arjefm-71	31	9	slowdown	slowdown	NOUN
arjefm-71	31	10	because	because	SCONJ
arjefm-71	31	11	it	it	PRON
arjefm-71	31	12	implies	imply	VERB
arjefm-71	31	13	employment	employment	NOUN
arjefm-71	31	14	equalisation	equalisation	NOUN
arjefm-71	31	15	over	over	ADP
arjefm-71	31	16	areas	area	NOUN
arjefm-71	31	17	which	which	PRON
arjefm-71	31	18	,	,	PUNCT
arjefm-71	31	19	in	in	ADP
arjefm-71	31	20	its	its	PRON
arjefm-71	31	21	absence	absence	NOUN
arjefm-71	31	22	,	,	PUNCT
arjefm-71	31	23	would	would	AUX
arjefm-71	31	24	be	be	AUX
arjefm-71	31	25	characterised	characterise	VERB
arjefm-71	31	26	by	by	ADP
arjefm-71	31	27	extreme	extreme	ADJ
arjefm-71	31	28	high	high	ADJ
arjefm-71	31	29	and	and	CCONJ
arjefm-71	31	30	low	low	ADJ
arjefm-71	31	31	employment	employment	NOUN
arjefm-71	31	32	.	.	PUNCT
arjefm-71	32	1	when	when	SCONJ
arjefm-71	32	2	the	the	DET
arjefm-71	32	3	currencies	currency	NOUN
arjefm-71	32	4	of	of	ADP
arjefm-71	32	5	small	small	ADJ
arjefm-71	32	6	countries	country	NOUN
arjefm-71	32	7	are	be	AUX
arjefm-71	32	8	pegged	peg	VERB
arjefm-71	32	9	,	,	PUNCT
arjefm-71	32	10	mundell	mundell	PROPN
arjefm-71	32	11	argues	argue	VERB
arjefm-71	32	12	that	that	SCONJ
arjefm-71	32	13	:	:	PUNCT
arjefm-71	32	14	if	if	SCONJ
arjefm-71	32	15	you	you	PRON
arjefm-71	32	16	throw	throw	VERB
arjefm-71	32	17	the	the	DET
arjefm-71	32	18	devaluation	devaluation	NOUN
arjefm-71	32	19	instrument	instrument	NOUN
arjefm-71	32	20	away	away	ADV
arjefm-71	32	21	,	,	PUNCT
arjefm-71	32	22	you	you	PRON
arjefm-71	32	23	want	want	VERB
arjefm-71	32	24	to	to	PART
arjefm-71	32	25	have	have	VERB
arjefm-71	32	26	some	some	DET
arjefm-71	32	27	protection	protection	NOUN
arjefm-71	32	28	in	in	ADP
arjefm-71	32	29	case	case	NOUN
arjefm-71	32	30	your	your	PRON
arjefm-71	32	31	country	country	NOUN
arjefm-71	32	32	gets	get	VERB
arjefm-71	32	33	into	into	ADP
arjefm-71	32	34	unemployment	unemployment	NOUN
arjefm-71	32	35	or	or	CCONJ
arjefm-71	32	36	excessive	excessive	ADJ
arjefm-71	32	37	internal	internal	ADJ
arjefm-71	32	38	debt	debt	NOUN
arjefm-71	32	39	problems	problem	NOUN
arjefm-71	32	40	.	.	PUNCT
arjefm-71	33	1	if	if	SCONJ
arjefm-71	33	2	there	there	PRON
arjefm-71	33	3	is	be	VERB
arjefm-71	33	4	a	a	DET
arjefm-71	33	5	shift	shift	NOUN
arjefm-71	33	6	of	of	ADP
arjefm-71	33	7	demand	demand	NOUN
arjefm-71	33	8	from	from	ADP
arjefm-71	33	9	your	your	PRON
arjefm-71	33	10	own	own	ADJ
arjefm-71	33	11	country	country	NOUN
arjefm-71	33	12	onto	onto	ADP
arjefm-71	33	13	goods	good	NOUN
arjefm-71	33	14	of	of	ADP
arjefm-71	33	15	the	the	DET
arjefm-71	33	16	metropolitan	metropolitan	ADJ
arjefm-71	33	17	centre	centre	NOUN
arjefm-71	33	18	,	,	PUNCT
arjefm-71	33	19	that	that	PRON
arjefm-71	33	20	will	will	AUX
arjefm-71	33	21	cause	cause	VERB
arjefm-71	33	22	unemployment	unemployment	NOUN
arjefm-71	33	23	at	at	ADP
arjefm-71	33	24	home	home	NOUN
arjefm-71	33	25	.	.	PUNCT
arjefm-71	34	1	if	if	SCONJ
arjefm-71	34	2	it	it	PRON
arjefm-71	34	3	can	can	AUX
arjefm-71	34	4	be	be	AUX
arjefm-71	34	5	mitigated	mitigate	VERB
arjefm-71	34	6	by	by	ADP
arjefm-71	34	7	the	the	DET
arjefm-71	34	8	labour	labour	NOUN
arjefm-71	34	9	flow	flow	NOUN
arjefm-71	34	10	to	to	ADP
arjefm-71	34	11	the	the	DET
arjefm-71	34	12	metropolitan	metropolitan	ADJ
arjefm-71	34	13	centre	centre	NOUN
arjefm-71	34	14	,	,	PUNCT
arjefm-71	34	15	the	the	DET
arjefm-71	34	16	problem	problem	NOUN
arjefm-71	34	17	will	will	AUX
arjefm-71	34	18	be	be	AUX
arjefm-71	34	19	less	less	ADV
arjefm-71	34	20	acute	acute	ADJ
arjefm-71	34	21	”	"	PUNCT
arjefm-71	34	22	(	(	PUNCT
arjefm-71	34	23	mundell	mundell	NOUN
arjefm-71	34	24	1961	1961	NUM
arjefm-71	34	25	:	:	PUNCT
arjefm-71	34	26	366	366	NUM
arjefm-71	34	27	-	-	SYM
arjefm-71	34	28	367	367	NUM
arjefm-71	34	29	)	)	PUNCT
arjefm-71	34	30	allen	allen	NOUN
arjefm-71	34	31	(	(	PUNCT
arjefm-71	34	32	1976	1976	NUM
arjefm-71	34	33	)	)	PUNCT
arjefm-71	34	34	defined	define	VERB
arjefm-71	34	35	monetary	monetary	ADJ
arjefm-71	34	36	integration	integration	NOUN
arjefm-71	34	37	further	far	ADV
arjefm-71	34	38	by	by	ADP
arjefm-71	34	39	asserting	assert	VERB
arjefm-71	34	40	that	that	SCONJ
arjefm-71	34	41	a	a	DET
arjefm-71	34	42	monetary	monetary	ADJ
arjefm-71	34	43	integration	integration	NOUN
arjefm-71	34	44	should	should	AUX
arjefm-71	34	45	include	include	VERB
arjefm-71	34	46	the	the	DET
arjefm-71	34	47	following	following	ADJ
arjefm-71	34	48	characteristics	characteristic	NOUN
arjefm-71	34	49	:	:	PUNCT
arjefm-71	34	50	a	a	DET
arjefm-71	34	51	single	single	ADJ
arjefm-71	34	52	money	money	NOUN
arjefm-71	34	53	,	,	PUNCT
arjefm-71	34	54	or	or	CCONJ
arjefm-71	34	55	several	several	ADJ
arjefm-71	34	56	currencies	currency	NOUN
arjefm-71	34	57	fully	fully	ADV
arjefm-71	34	58	convertible	convertible	ADJ
arjefm-71	34	59	at	at	ADP
arjefm-71	34	60	immutably	immutably	ADV
arjefm-71	34	61	fixed	fix	VERB
arjefm-71	34	62	exchange	exchange	NOUN
arjefm-71	34	63	rates	rate	NOUN
arjefm-71	34	64	.	.	PUNCT
arjefm-71	35	1	an	an	DET
arjefm-71	35	2	arrangement	arrangement	NOUN
arjefm-71	35	3	whereby	whereby	SCONJ
arjefm-71	35	4	monetary	monetary	ADJ
arjefm-71	35	5	policy	policy	NOUN
arjefm-71	35	6	is	be	AUX
arjefm-71	35	7	determined	determine	VERB
arjefm-71	35	8	by	by	ADP
arjefm-71	35	9	all	all	DET
arjefm-71	35	10	parties	party	NOUN
arjefm-71	35	11	concerned	concern	VERB
arjefm-71	35	12	,	,	PUNCT
arjefm-71	35	13	allowing	allow	VERB
arjefm-71	35	14	no	no	DET
arjefm-71	35	15	national	national	ADJ
arjefm-71	35	16	autonomy	autonomy	NOUN
arjefm-71	35	17	in	in	ADP
arjefm-71	35	18	monetary	monetary	ADJ
arjefm-71	35	19	policy	policy	NOUN
arjefm-71	35	20	.	.	PUNCT
arjefm-71	36	1	for	for	ADP
arjefm-71	36	2	example	example	NOUN
arjefm-71	36	3	,	,	PUNCT
arjefm-71	36	4	as	as	ADP
arjefm-71	36	5	financial	financial	ADJ
arjefm-71	36	6	integration	integration	NOUN
arjefm-71	36	7	increases	increase	NOUN
arjefm-71	36	8	,	,	PUNCT
arjefm-71	36	9	inter	inter	ADJ
arjefm-71	36	10	-	-	ADJ
arjefm-71	36	11	regional	regional	ADJ
arjefm-71	36	12	interest	interest	NOUN
arjefm-71	36	13	rate	rate	NOUN
arjefm-71	36	14	movements	movement	NOUN
arjefm-71	36	15	must	must	AUX
arjefm-71	36	16	become	become	VERB
arjefm-71	36	17	closer	close	ADJ
arjefm-71	36	18	.	.	PUNCT
arjefm-71	37	1	no	no	DET
arjefm-71	37	2	national	national	ADJ
arjefm-71	37	3	autonomy	autonomy	NOUN
arjefm-71	37	4	is	be	AUX
arjefm-71	37	5	also	also	ADV
arjefm-71	37	6	allowed	allow	VERB
arjefm-71	37	7	in	in	ADP
arjefm-71	37	8	a	a	DET
arjefm-71	37	9	single	single	ADJ
arjefm-71	37	10	external	external	ADJ
arjefm-71	37	11	exchange	exchange	NOUN
arjefm-71	37	12	rate	rate	NOUN
arjefm-71	37	13	policy	policy	NOUN
arjefm-71	37	14	.	.	PUNCT
arjefm-71	38	1	toward	toward	ADP
arjefm-71	38	2	this	this	DET
arjefm-71	38	3	end	end	NOUN
arjefm-71	38	4	,	,	PUNCT
arjefm-71	38	5	national	national	ADJ
arjefm-71	38	6	authorities	authority	NOUN
arjefm-71	38	7	must	must	AUX
arjefm-71	38	8	relinquish	relinquish	VERB
arjefm-71	38	9	individual	individual	ADJ
arjefm-71	38	10	control	control	NOUN
arjefm-71	38	11	over	over	ADP
arjefm-71	38	12	their	their	PRON
arjefm-71	38	13	international	international	ADJ
arjefm-71	38	14	reserves	reserve	NOUN
arjefm-71	38	15	and	and	CCONJ
arjefm-71	38	16	invest	invest	VERB
arjefm-71	38	17	such	such	ADJ
arjefm-71	38	18	control	control	NOUN
arjefm-71	38	19	in	in	ADP
arjefm-71	38	20	a	a	DET
arjefm-71	38	21	union	union	NOUN
arjefm-71	38	22	authority	authority	NOUN
arjefm-71	38	23	(	(	PUNCT
arjefm-71	38	24	allen	allen	PROPN
arjefm-71	38	25	1976	1976	NUM
arjefm-71	38	26	:	:	PUNCT
arjefm-71	38	27	4	4	NUM
arjefm-71	38	28	)	)	PUNCT
arjefm-71	38	29	.	.	PUNCT
arjefm-71	39	1	therefore	therefore	ADV
arjefm-71	39	2	,	,	PUNCT
arjefm-71	39	3	the	the	DET
arjefm-71	39	4	authors	author	NOUN
arjefm-71	39	5	mentioned	mention	VERB
arjefm-71	39	6	above	above	ADV
arjefm-71	39	7	emphasize	emphasize	VERB
arjefm-71	39	8	the	the	DET
arjefm-71	39	9	need	need	NOUN
arjefm-71	39	10	for	for	ADP
arjefm-71	39	11	institutional	institutional	ADJ
arjefm-71	39	12	safeguards	safeguard	NOUN
arjefm-71	39	13	to	to	PART
arjefm-71	39	14	guarantee	guarantee	VERB
arjefm-71	39	15	the	the	DET
arjefm-71	39	16	existence	existence	NOUN
arjefm-71	39	17	of	of	ADP
arjefm-71	39	18	a	a	DET
arjefm-71	39	19	single	single	ADJ
arjefm-71	39	20	monetary	monetary	ADJ
arjefm-71	39	21	policy	policy	NOUN
arjefm-71	39	22	.	.	PUNCT
arjefm-71	40	1	the	the	DET
arjefm-71	40	2	cfa	cfa	PROPN
arjefm-71	40	3	zone	zone	NOUN
arjefm-71	40	4	encompasses	encompass	VERB
arjefm-71	40	5	elements	element	NOUN
arjefm-71	40	6	of	of	ADP
arjefm-71	40	7	monetary	monetary	ADJ
arjefm-71	40	8	integration	integration	NOUN
arjefm-71	40	9	described	describe	VERB
arjefm-71	40	10	above	above	ADV
arjefm-71	40	11	.	.	PUNCT
arjefm-71	41	1	in	in	ADP
arjefm-71	41	2	central	central	ADJ
arjefm-71	41	3	and	and	CCONJ
arjefm-71	41	4	west	west	PROPN
arjefm-71	41	5	africa	africa	PROPN
arjefm-71	41	6	for	for	ADP
arjefm-71	41	7	example	example	NOUN
arjefm-71	41	8	,	,	PUNCT
arjefm-71	41	9	the	the	DET
arjefm-71	41	10	franc	franc	NOUN
arjefm-71	41	11	zone	zone	NOUN
arjefm-71	41	12	includes	include	VERB
arjefm-71	41	13	13	13	NUM
arjefm-71	41	14	member	member	NOUN
arjefm-71	41	15	countries	country	NOUN
arjefm-71	41	16	:	:	PUNCT
arjefm-71	41	17	benin	benin	PROPN
arjefm-71	41	18	,	,	PUNCT
arjefm-71	41	19	burkina	burkina	PROPN
arjefm-71	41	20	faso	faso	PROPN
arjefm-71	41	21	,	,	PUNCT
arjefm-71	41	22	cameroon	cameroon	PROPN
arjefm-71	41	23	,	,	PUNCT
arjefm-71	41	24	central	central	PROPN
arjefm-71	41	25	africa	africa	PROPN
arjefm-71	41	26	republic	republic	PROPN
arjefm-71	41	27	,	,	PUNCT
arjefm-71	41	28	chad	chad	PROPN
arjefm-71	41	29	,	,	PUNCT
arjefm-71	41	30	congo	congo	PROPN
arjefm-71	41	31	,	,	PUNCT
arjefm-71	41	32	côte	côte	PROPN
arjefm-71	41	33	d’ivoire	d’ivoire	PROPN
arjefm-71	41	34	,	,	PUNCT
arjefm-71	41	35	equatorial	equatorial	ADJ
arjefm-71	41	36	guinea	guinea	NOUN
arjefm-71	41	37	,	,	PUNCT
arjefm-71	41	38	gabon	gabon	PROPN
arjefm-71	41	39	,	,	PUNCT
arjefm-71	41	40	mali	mali	VERB
arjefm-71	41	41	,	,	PUNCT
arjefm-71	41	42	niger	niger	NOUN
arjefm-71	41	43	,	,	PUNCT
arjefm-71	41	44	senegal	senegal	NOUN
arjefm-71	41	45	and	and	CCONJ
arjefm-71	41	46	togo	togo	PROPN
arjefm-71	41	47	.	.	PUNCT
arjefm-71	42	1	the	the	DET
arjefm-71	42	2	franc	franc	NOUN
arjefm-71	42	3	zone	zone	NOUN
arjefm-71	42	4	owes	owe	VERB
arjefm-71	42	5	its	its	PRON
arjefm-71	42	6	origins	origin	NOUN
arjefm-71	42	7	to	to	ADP
arjefm-71	42	8	the	the	DET
arjefm-71	42	9	administration	administration	NOUN
arjefm-71	42	10	of	of	ADP
arjefm-71	42	11	french	french	ADJ
arjefm-71	42	12	colonies	colony	NOUN
arjefm-71	42	13	before	before	ADP
arjefm-71	42	14	and	and	CCONJ
arjefm-71	42	15	immediately	immediately	ADV
arjefm-71	42	16	after	after	ADP
arjefm-71	42	17	world	world	PROPN
arjefm-71	42	18	war	war	PROPN
arjefm-71	42	19	ii	ii	PROPN
arjefm-71	42	20	.	.	PUNCT
arjefm-71	43	1	in	in	ADP
arjefm-71	43	2	1945	1945	NUM
arjefm-71	43	3	,	,	PUNCT
arjefm-71	43	4	the	the	DET
arjefm-71	43	5	franc	franc	PROPN
arjefm-71	43	6	des	des	PROPN
arjefm-71	43	7	colonies	colony	NOUN
arjefm-71	43	8	françaises	française	VERB
arjefm-71	43	9	d’afrique	d’afrique	ADJ
arjefm-71	43	10	or	or	CCONJ
arjefm-71	43	11	cfa	cfa	PROPN
arjefm-71	43	12	franc	franc	NOUN
arjefm-71	43	13	was	be	AUX
arjefm-71	43	14	created	create	VERB
arjefm-71	43	15	and	and	CCONJ
arjefm-71	43	16	was	be	AUX
arjefm-71	43	17	to	to	PART
arjefm-71	43	18	be	be	AUX
arjefm-71	43	19	issued	issue	VERB
arjefm-71	43	20	by	by	ADP
arjefm-71	43	21	the	the	DET
arjefm-71	43	22	caisse	caisse	X
arjefm-71	43	23	centrale	centrale	PROPN
arjefm-71	43	24	de	de	X
arjefm-71	43	25	la	la	X
arjefm-71	43	26	france	france	PROPN
arjefm-71	43	27	d’outre	d’outre	PROPN
arjefm-71	43	28	mer	mer	PROPN
arjefm-71	43	29	,	,	PUNCT
arjefm-71	43	30	which	which	PRON
arjefm-71	43	31	had	have	AUX
arjefm-71	43	32	been	be	AUX
arjefm-71	43	33	established	establish	VERB
arjefm-71	43	34	during	during	ADP
arjefm-71	43	35	the	the	DET
arjefm-71	43	36	war	war	NOUN
arjefm-71	43	37	to	to	PART
arjefm-71	43	38	provide	provide	VERB
arjefm-71	43	39	a	a	DET
arjefm-71	43	40	substitute	substitute	NOUN
arjefm-71	43	41	for	for	ADP
arjefm-71	43	42	french	french	ADJ
arjefm-71	43	43	bank	bank	NOUN
arjefm-71	43	44	notes	note	NOUN
arjefm-71	43	45	issued	issue	VERB
arjefm-71	43	46	under	under	ADP
arjefm-71	43	47	the	the	DET
arjefm-71	43	48	occupation	occupation	NOUN
arjefm-71	43	49	.	.	PUNCT
arjefm-71	44	1	until	until	ADP
arjefm-71	44	2	1962	1962	NUM
arjefm-71	44	3	,	,	PUNCT
arjefm-71	44	4	the	the	DET
arjefm-71	44	5	abbreviation	abbreviation	NOUN
arjefm-71	44	6	“	"	PUNCT
arjefm-71	44	7	franc	franc	PROPN
arjefm-71	44	8	cfa	cfa	PROPN
arjefm-71	44	9	”	"	PUNCT
arjefm-71	44	10	stood	stand	VERB
arjefm-71	44	11	for	for	ADP
arjefm-71	44	12	franc	franc	PROPN
arjefm-71	44	13	des	des	PROPN
arjefm-71	44	14	colonies	colony	NOUN
arjefm-71	44	15	françaises	française	NOUN
arjefm-71	44	16	de	de	X
arjefm-71	44	17	l’afrique	l’afrique	PROPN
arjefm-71	44	18	.	.	PUNCT
arjefm-71	45	1	today	today	NOUN
arjefm-71	45	2	,	,	PUNCT
arjefm-71	45	3	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	45	4	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	45	5	american	american	PROPN
arjefm-71	45	6	research	research	PROPN
arjefm-71	45	7	journal	journal	PROPN
arjefm-71	45	8	of	of	ADP
arjefm-71	45	9	economics	economic	NOUN
arjefm-71	45	10	,	,	PUNCT
arjefm-71	45	11	finance	finance	NOUN
arjefm-71	45	12	and	and	CCONJ
arjefm-71	45	13	management	management	NOUN
arjefm-71	45	14	volume	volume	NOUN
arjefm-71	45	15	10	10	NUM
arjefm-71	45	16	issue	issue	NOUN
arjefm-71	45	17	4	4	NUM
arjefm-71	45	18	,	,	PUNCT
arjefm-71	45	19	october	october	PROPN
arjefm-71	45	20	-	-	PUNCT
arjefm-71	45	21	december	december	PROPN
arjefm-71	45	22	2022	2022	NUM
arjefm-71	45	23	issn	issn	NOUN
arjefm-71	45	24	:	:	PUNCT
arjefm-71	45	25	2836	2836	NUM
arjefm-71	45	26	-	-	SYM
arjefm-71	45	27	9416	9416	NUM
arjefm-71	45	28	impact	impact	NOUN
arjefm-71	45	29	factor	factor	NOUN
arjefm-71	45	30	:	:	PUNCT
arjefm-71	45	31	4.85	4.85	NUM
arjefm-71	45	32	journal	journal	NOUN
arjefm-71	45	33	homepage	homepage	NOUN
arjefm-71	45	34	:	:	PUNCT
arjefm-71	45	35	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	45	36	,	,	PUNCT
arjefm-71	45	37	email	email	NOUN
arjefm-71	45	38	:	:	PUNCT
arjefm-71	46	1	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	46	2	official	official	ADJ
arjefm-71	46	3	journal	journal	PROPN
arjefm-71	46	4	of	of	ADP
arjefm-71	46	5	america	america	PROPN
arjefm-71	46	6	serial	serial	PROPN
arjefm-71	46	7	publication	publication	NOUN
arjefm-71	46	8	american	american	PROPN
arjefm-71	46	9	research	research	PROPN
arjefm-71	46	10	journal	journal	PROPN
arjefm-71	46	11	of	of	ADP
arjefm-71	46	12	economics	economic	NOUN
arjefm-71	46	13	,	,	PUNCT
arjefm-71	46	14	finance	finance	NOUN
arjefm-71	46	15	and	and	CCONJ
arjefm-71	46	16	management	management	NOUN
arjefm-71	46	17	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	46	18	,	,	PUNCT
arjefm-71	46	19	email	email	NOUN
arjefm-71	46	20	:	:	PUNCT
arjefm-71	46	21	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	47	1	20	20	NUM
arjefm-71	48	1	|	|	ADV
arjefm-71	48	2	p	p	X
arjefm-71	48	3	a	a	DET
arjefm-71	48	4	g	g	NOUN
arjefm-71	48	5	e	e	NOUN
arjefm-71	48	6	this	this	DET
arjefm-71	48	7	label	label	NOUN
arjefm-71	48	8	is	be	AUX
arjefm-71	48	9	interpreted	interpret	VERB
arjefm-71	48	10	as	as	ADP
arjefm-71	48	11	franc	franc	NOUN
arjefm-71	48	12	de	de	X
arjefm-71	48	13	la	la	X
arjefm-71	48	14	communauté	communauté	PROPN
arjefm-71	48	15	financière	financière	PROPN
arjefm-71	48	16	africaine	africaine	PROPN
arjefm-71	48	17	in	in	ADP
arjefm-71	48	18	west	west	PROPN
arjefm-71	48	19	africa	africa	PROPN
arjefm-71	48	20	and	and	CCONJ
arjefm-71	48	21	is	be	AUX
arjefm-71	48	22	legal	legal	ADJ
arjefm-71	48	23	tender	tender	NOUN
arjefm-71	48	24	in	in	ADP
arjefm-71	48	25	benin	benin	PROPN
arjefm-71	48	26	,	,	PUNCT
arjefm-71	48	27	burkina	burkina	PROPN
arjefm-71	48	28	faso	faso	PROPN
arjefm-71	48	29	,	,	PUNCT
arjefm-71	48	30	côte	côte	PROPN
arjefm-71	48	31	d’ivoire	d’ivoire	NOUN
arjefm-71	48	32	,	,	PUNCT
arjefm-71	48	33	guinea	guinea	NOUN
arjefm-71	48	34	-	-	PUNCT
arjefm-71	48	35	bissau	bissau	NOUN
arjefm-71	48	36	,	,	PUNCT
arjefm-71	48	37	mali	mali	VERB
arjefm-71	48	38	,	,	PUNCT
arjefm-71	48	39	niger	niger	NOUN
arjefm-71	48	40	,	,	PUNCT
arjefm-71	48	41	senegal	senegal	NOUN
arjefm-71	48	42	and	and	CCONJ
arjefm-71	48	43	togo	togo	PROPN
arjefm-71	48	44	.	.	PUNCT
arjefm-71	49	1	in	in	ADP
arjefm-71	49	2	central	central	PROPN
arjefm-71	49	3	africa	africa	PROPN
arjefm-71	49	4	the	the	DET
arjefm-71	49	5	same	same	ADJ
arjefm-71	49	6	label	label	NOUN
arjefm-71	49	7	is	be	AUX
arjefm-71	49	8	interpreted	interpret	VERB
arjefm-71	49	9	as	as	ADP
arjefm-71	49	10	franc	franc	NOUN
arjefm-71	49	11	de	de	X
arjefm-71	49	12	la	la	PROPN
arjefm-71	49	13	coopération	coopération	PROPN
arjefm-71	49	14	financière	financière	PROPN
arjefm-71	49	15	en	en	ADP
arjefm-71	49	16	afrique	afrique	PROPN
arjefm-71	49	17	centrale	centrale	PROPN
arjefm-71	49	18	and	and	CCONJ
arjefm-71	49	19	is	be	AUX
arjefm-71	49	20	legal	legal	ADJ
arjefm-71	49	21	tender	tender	NOUN
arjefm-71	49	22	in	in	ADP
arjefm-71	49	23	cameroon	cameroon	PROPN
arjefm-71	49	24	,	,	PUNCT
arjefm-71	49	25	central	central	ADJ
arjefm-71	49	26	african	african	ADJ
arjefm-71	49	27	republic	republic	PROPN
arjefm-71	49	28	,	,	PUNCT
arjefm-71	49	29	chad	chad	PROPN
arjefm-71	49	30	,	,	PUNCT
arjefm-71	49	31	republic	republic	NOUN
arjefm-71	49	32	of	of	ADP
arjefm-71	49	33	the	the	DET
arjefm-71	49	34	congo	congo	PROPN
arjefm-71	49	35	(	(	PUNCT
arjefm-71	49	36	brazzaville	brazzaville	PROPN
arjefm-71	49	37	)	)	PUNCT
arjefm-71	49	38	,	,	PUNCT
arjefm-71	49	39	equatorial	equatorial	ADJ
arjefm-71	49	40	guinea	guinea	NOUN
arjefm-71	49	41	and	and	CCONJ
arjefm-71	49	42	gabon	gabon	PROPN
arjefm-71	49	43	.	.	PUNCT
arjefm-71	50	1	both	both	DET
arjefm-71	50	2	currencies	currency	NOUN
arjefm-71	50	3	follow	follow	VERB
arjefm-71	50	4	almost	almost	ADV
arjefm-71	50	5	identical	identical	ADJ
arjefm-71	50	6	monetary	monetary	ADJ
arjefm-71	50	7	arrangements	arrangement	NOUN
arjefm-71	50	8	•	•	ADP
arjefm-71	50	9	convertibility	convertibility	NOUN
arjefm-71	50	10	into	into	ADP
arjefm-71	50	11	french	french	ADJ
arjefm-71	50	12	franc	franc	NOUN
arjefm-71	50	13	i.e.	i.e.	X
arjefm-71	50	14	euro	euro	NOUN
arjefm-71	50	15	at	at	ADP
arjefm-71	50	16	a	a	DET
arjefm-71	50	17	fixed	fix	VERB
arjefm-71	50	18	parity	parity	NOUN
arjefm-71	50	19	.	.	PUNCT
arjefm-71	51	1	the	the	DET
arjefm-71	51	2	exchange	exchange	NOUN
arjefm-71	51	3	rate	rate	NOUN
arjefm-71	51	4	between	between	ADP
arjefm-71	51	5	the	the	DET
arjefm-71	51	6	french	french	ADJ
arjefm-71	51	7	and	and	CCONJ
arjefm-71	51	8	cfa	cfa	PROPN
arjefm-71	51	9	francs	franc	NOUN
arjefm-71	51	10	is	be	AUX
arjefm-71	51	11	fixed	fix	VERB
arjefm-71	51	12	at	at	ADP
arjefm-71	51	13	100	100	NUM
arjefm-71	51	14	fcfa	fcfa	NOUN
arjefm-71	51	15	=	=	SYM
arjefm-71	51	16	1	1	NUM
arjefm-71	51	17	ff	ff	NOUN
arjefm-71	51	18	.	.	PUNCT
arjefm-71	52	1	changes	change	NOUN
arjefm-71	52	2	in	in	ADP
arjefm-71	52	3	this	this	DET
arjefm-71	52	4	parity	parity	NOUN
arjefm-71	52	5	required	require	VERB
arjefm-71	52	6	the	the	DET
arjefm-71	52	7	unanimous	unanimous	ADJ
arjefm-71	52	8	consent	consent	NOUN
arjefm-71	52	9	of	of	ADP
arjefm-71	52	10	all	all	DET
arjefm-71	52	11	zone	zone	NOUN
arjefm-71	52	12	members	member	NOUN
arjefm-71	52	13	,	,	PUNCT
arjefm-71	52	14	including	include	VERB
arjefm-71	52	15	france	france	PROPN
arjefm-71	52	16	.	.	PUNCT
arjefm-71	53	1	•	•	NUM
arjefm-71	53	2	guarantee	guarantee	NOUN
arjefm-71	53	3	of	of	ADP
arjefm-71	53	4	convertibility	convertibility	NOUN
arjefm-71	53	5	by	by	ADP
arjefm-71	53	6	france	france	PROPN
arjefm-71	53	7	through	through	ADP
arjefm-71	53	8	the	the	DET
arjefm-71	53	9	establishment	establishment	NOUN
arjefm-71	53	10	of	of	ADP
arjefm-71	53	11	an	an	DET
arjefm-71	53	12	operation	operation	NOUN
arjefm-71	53	13	account	account	NOUN
arjefm-71	53	14	for	for	ADP
arjefm-71	53	15	each	each	DET
arjefm-71	53	16	colonial	colonial	ADJ
arjefm-71	53	17	central	central	ADJ
arjefm-71	53	18	bank	bank	NOUN
arjefm-71	53	19	with	with	ADP
arjefm-71	53	20	the	the	DET
arjefm-71	53	21	french	french	ADJ
arjefm-71	53	22	treasury	treasury	NOUN
arjefm-71	53	23	.	.	PUNCT
arjefm-71	54	1	•	•	NUM
arjefm-71	54	2	free	free	ADJ
arjefm-71	54	3	capital	capital	NOUN
arjefm-71	54	4	mobility	mobility	NOUN
arjefm-71	54	5	throughout	throughout	ADP
arjefm-71	54	6	the	the	DET
arjefm-71	54	7	zone	zone	NOUN
arjefm-71	54	8	.	.	PUNCT
arjefm-71	55	1	•	•	NOUN
arjefm-71	55	2	pooling	pool	VERB
arjefm-71	55	3	of	of	ADP
arjefm-71	55	4	most	most	ADJ
arjefm-71	55	5	foreign	foreign	ADJ
arjefm-71	55	6	exchange	exchange	NOUN
arjefm-71	55	7	reserves	reserve	NOUN
arjefm-71	55	8	at	at	ADP
arjefm-71	55	9	the	the	DET
arjefm-71	55	10	french	french	ADJ
arjefm-71	55	11	treasury	treasury	NOUN
arjefm-71	55	12	.	.	PUNCT
arjefm-71	56	1	the	the	DET
arjefm-71	56	2	introduction	introduction	NOUN
arjefm-71	56	3	of	of	ADP
arjefm-71	56	4	the	the	DET
arjefm-71	56	5	euro	euro	NOUN
arjefm-71	56	6	left	leave	VERB
arjefm-71	56	7	the	the	DET
arjefm-71	56	8	monetary	monetary	ADJ
arjefm-71	56	9	arrangement	arrangement	NOUN
arjefm-71	56	10	in	in	ADP
arjefm-71	56	11	the	the	DET
arjefm-71	56	12	cfa	cfa	PROPN
arjefm-71	56	13	zone	zone	PROPN
arjefm-71	56	14	un	un	PROPN
arjefm-71	56	15	-	-	VERB
arjefm-71	56	16	touched	touch	VERB
arjefm-71	56	17	,	,	PUNCT
arjefm-71	56	18	except	except	SCONJ
arjefm-71	56	19	for	for	ADP
arjefm-71	56	20	the	the	DET
arjefm-71	56	21	fact	fact	NOUN
arjefm-71	56	22	that	that	SCONJ
arjefm-71	56	23	its	its	PRON
arjefm-71	56	24	currency	currency	NOUN
arjefm-71	56	25	is	be	AUX
arjefm-71	56	26	now	now	ADV
arjefm-71	56	27	pegged	peg	VERB
arjefm-71	56	28	to	to	ADP
arjefm-71	56	29	the	the	DET
arjefm-71	56	30	euro	euro	PROPN
arjefm-71	56	31	.	.	PUNCT
arjefm-71	57	1	france	france	PROPN
arjefm-71	57	2	,	,	PUNCT
arjefm-71	57	3	when	when	SCONJ
arjefm-71	57	4	becoming	become	VERB
arjefm-71	57	5	part	part	NOUN
arjefm-71	57	6	of	of	ADP
arjefm-71	57	7	the	the	DET
arjefm-71	57	8	euro	euro	PROPN
arjefm-71	57	9	area	area	NOUN
arjefm-71	57	10	,	,	PUNCT
arjefm-71	57	11	did	do	VERB
arjefm-71	57	12	so	so	ADV
arjefm-71	57	13	with	with	ADP
arjefm-71	57	14	the	the	DET
arjefm-71	57	15	understanding	understanding	NOUN
arjefm-71	57	16	that	that	SCONJ
arjefm-71	57	17	decisions	decision	NOUN
arjefm-71	57	18	regarding	regard	VERB
arjefm-71	57	19	new	new	ADJ
arjefm-71	57	20	members	member	NOUN
arjefm-71	57	21	or	or	CCONJ
arjefm-71	57	22	changes	change	NOUN
arjefm-71	57	23	in	in	ADP
arjefm-71	57	24	the	the	DET
arjefm-71	57	25	exchange	exchange	NOUN
arjefm-71	57	26	rate	rate	NOUN
arjefm-71	57	27	of	of	ADP
arjefm-71	57	28	the	the	DET
arjefm-71	57	29	cfa	cfa	NOUN
arjefm-71	57	30	system	system	NOUN
arjefm-71	57	31	would	would	AUX
arjefm-71	57	32	be	be	AUX
arjefm-71	57	33	communicated	communicate	VERB
arjefm-71	57	34	in	in	ADP
arjefm-71	57	35	advance	advance	NOUN
arjefm-71	57	36	to	to	ADP
arjefm-71	57	37	european	european	ADJ
arjefm-71	57	38	institutions	institution	NOUN
arjefm-71	57	39	.	.	PUNCT
arjefm-71	58	1	interest	interest	NOUN
arjefm-71	58	2	rate	rate	NOUN
arjefm-71	58	3	structure	structure	NOUN
arjefm-71	58	4	and	and	CCONJ
arjefm-71	58	5	levels	level	NOUN
arjefm-71	58	6	are	be	AUX
arjefm-71	58	7	determined	determine	VERB
arjefm-71	58	8	by	by	ADP
arjefm-71	58	9	the	the	DET
arjefm-71	58	10	beac	beac	PROPN
arjefm-71	58	11	(	(	PUNCT
arjefm-71	58	12	banque	banque	PROPN
arjefm-71	58	13	des	des	X
arjefm-71	58	14	etats	etats	PROPN
arjefm-71	58	15	de	de	X
arjefm-71	58	16	l’afrique	l’afrique	ADJ
arjefm-71	58	17	centrale	centrale	NOUN
arjefm-71	58	18	)	)	PUNCT
arjefm-71	58	19	in	in	ADP
arjefm-71	58	20	central	central	PROPN
arjefm-71	58	21	africa	africa	PROPN
arjefm-71	58	22	and	and	CCONJ
arjefm-71	58	23	the	the	DET
arjefm-71	58	24	bceao	bceao	NOUN
arjefm-71	58	25	(	(	PUNCT
arjefm-71	58	26	banque	banque	PROPN
arjefm-71	58	27	centrale	centrale	PROPN
arjefm-71	58	28	des	des	X
arjefm-71	58	29	etats	etats	PROPN
arjefm-71	58	30	de	de	X
arjefm-71	58	31	l’afrique	l’afrique	X
arjefm-71	58	32	de	de	X
arjefm-71	58	33	l’ouest	l’ou	ADJ
arjefm-71	58	34	)	)	PUNCT
arjefm-71	58	35	in	in	ADP
arjefm-71	58	36	west	west	PROPN
arjefm-71	58	37	africa	africa	PROPN
arjefm-71	58	38	which	which	PRON
arjefm-71	58	39	set	set	VERB
arjefm-71	58	40	artificial	artificial	ADJ
arjefm-71	58	41	discount	discount	NOUN
arjefm-71	58	42	rates	rate	NOUN
arjefm-71	58	43	identical	identical	ADJ
arjefm-71	58	44	for	for	ADP
arjefm-71	58	45	all	all	DET
arjefm-71	58	46	member	member	NOUN
arjefm-71	58	47	countries	country	NOUN
arjefm-71	58	48	.	.	PUNCT
arjefm-71	59	1	each	each	DET
arjefm-71	59	2	country	country	NOUN
arjefm-71	59	3	’s	’s	PART
arjefm-71	59	4	national	national	PROPN
arjefm-71	59	5	credit	credit	PROPN
arjefm-71	59	6	council	council	PROPN
arjefm-71	59	7	sets	set	VERB
arjefm-71	59	8	the	the	DET
arjefm-71	59	9	margin	margin	NOUN
arjefm-71	59	10	to	to	PART
arjefm-71	59	11	be	be	AUX
arjefm-71	59	12	added	add	VERB
arjefm-71	59	13	to	to	ADP
arjefm-71	59	14	the	the	DET
arjefm-71	59	15	beac	beac	ADJ
arjefm-71	59	16	or	or	CCONJ
arjefm-71	59	17	the	the	DET
arjefm-71	59	18	bceao	bceao	NOUN
arjefm-71	59	19	determined	determine	VERB
arjefm-71	59	20	discount	discount	NOUN
arjefm-71	59	21	rates	rate	NOUN
arjefm-71	59	22	,	,	PUNCT
arjefm-71	59	23	so	so	SCONJ
arjefm-71	59	24	that	that	SCONJ
arjefm-71	59	25	ultimate	ultimate	ADJ
arjefm-71	59	26	borrowing	borrowing	NOUN
arjefm-71	59	27	and	and	CCONJ
arjefm-71	59	28	lending	lending	NOUN
arjefm-71	59	29	rates	rate	NOUN
arjefm-71	59	30	may	may	AUX
arjefm-71	59	31	differ	differ	VERB
arjefm-71	59	32	between	between	ADP
arjefm-71	59	33	countries	country	NOUN
arjefm-71	59	34	of	of	ADP
arjefm-71	59	35	the	the	DET
arjefm-71	59	36	zone	zone	NOUN
arjefm-71	59	37	.	.	PUNCT
arjefm-71	60	1	in	in	ADP
arjefm-71	60	2	addition	addition	NOUN
arjefm-71	60	3	to	to	ADP
arjefm-71	60	4	monetary	monetary	ADJ
arjefm-71	60	5	integration	integration	NOUN
arjefm-71	60	6	,	,	PUNCT
arjefm-71	60	7	countries	country	NOUN
arjefm-71	60	8	in	in	ADP
arjefm-71	60	9	the	the	DET
arjefm-71	60	10	cfa	cfa	PROPN
arjefm-71	60	11	zone	zone	NOUN
arjefm-71	60	12	also	also	ADV
arjefm-71	60	13	aimed	aim	VERB
arjefm-71	60	14	to	to	PART
arjefm-71	60	15	advance	advance	VERB
arjefm-71	60	16	economic	economic	ADJ
arjefm-71	60	17	integration	integration	NOUN
arjefm-71	60	18	by	by	ADP
arjefm-71	60	19	founding	found	VERB
arjefm-71	60	20	,	,	PUNCT
arjefm-71	60	21	in	in	ADP
arjefm-71	60	22	central	central	PROPN
arjefm-71	60	23	africa	africa	PROPN
arjefm-71	60	24	,	,	PUNCT
arjefm-71	60	25	the	the	DET
arjefm-71	60	26	cemac	cemac	ADJ
arjefm-71	60	27	(	(	PUNCT
arjefm-71	60	28	communauté	communauté	PROPN
arjefm-71	60	29	économique	économique	PROPN
arjefm-71	60	30	et	et	PROPN
arjefm-71	60	31	monétaire	monétaire	PROPN
arjefm-71	60	32	de	de	X
arjefm-71	60	33	l'afrique	l'afrique	X
arjefm-71	60	34	centrale	centrale	PROPN
arjefm-71	60	35	)	)	PUNCT
arjefm-71	60	36	,	,	PUNCT
arjefm-71	60	37	and	and	CCONJ
arjefm-71	60	38	in	in	ADP
arjefm-71	60	39	west	west	PROPN
arjefm-71	60	40	africa	africa	PROPN
arjefm-71	60	41	,	,	PUNCT
arjefm-71	60	42	the	the	DET
arjefm-71	60	43	uemoa	uemoa	NOUN
arjefm-71	60	44	(	(	PUNCT
arjefm-71	60	45	union	union	NOUN
arjefm-71	60	46	economique	economique	PROPN
arjefm-71	60	47	et	et	PROPN
arjefm-71	60	48	monétaire	monétaire	PROPN
arjefm-71	60	49	ouest	ouest	PROPN
arjefm-71	60	50	africaine	africaine	PROPN
arjefm-71	60	51	)	)	PUNCT
arjefm-71	60	52	in	in	ADP
arjefm-71	60	53	west	west	PROPN
arjefm-71	60	54	africa	africa	PROPN
arjefm-71	60	55	and	and	CCONJ
arjefm-71	60	56	the	the	DET
arjefm-71	60	57	communauté	communauté	PROPN
arjefm-71	60	58	économique	économique	PROPN
arjefm-71	60	59	et	et	PROPN
arjefm-71	60	60	monétaire	monétaire	PROPN
arjefm-71	60	61	de	de	X
arjefm-71	60	62	l'afrique	l'afrique	X
arjefm-71	60	63	centrale	centrale	NOUN
arjefm-71	60	64	(	(	PUNCT
arjefm-71	60	65	)	)	PUNCT
arjefm-71	60	66	in	in	ADP
arjefm-71	60	67	central	central	PROPN
arjefm-71	60	68	africa	africa	PROPN
arjefm-71	60	69	.	.	PUNCT
arjefm-71	61	1	in	in	ADP
arjefm-71	61	2	the	the	DET
arjefm-71	61	3	next	next	ADJ
arjefm-71	61	4	section	section	NOUN
arjefm-71	61	5	i	i	PRON
arjefm-71	61	6	assert	assert	VERB
arjefm-71	61	7	that	that	SCONJ
arjefm-71	61	8	low	low	ADJ
arjefm-71	61	9	inflation	inflation	NOUN
arjefm-71	61	10	rates	rate	NOUN
arjefm-71	61	11	generated	generate	VERB
arjefm-71	61	12	by	by	ADP
arjefm-71	61	13	the	the	DET
arjefm-71	61	14	monetary	monetary	ADJ
arjefm-71	61	15	and	and	CCONJ
arjefm-71	61	16	economic	economic	ADJ
arjefm-71	61	17	integrations	integration	NOUN
arjefm-71	61	18	have	have	AUX
arjefm-71	61	19	contributed	contribute	VERB
arjefm-71	61	20	to	to	ADP
arjefm-71	61	21	poverty	poverty	NOUN
arjefm-71	61	22	reduction	reduction	NOUN
arjefm-71	61	23	in	in	ADP
arjefm-71	61	24	the	the	DET
arjefm-71	61	25	cfa	cfa	PROPN
arjefm-71	61	26	zone	zone	NOUN
arjefm-71	61	27	.	.	PUNCT
arjefm-71	62	1	this	this	DET
arjefm-71	62	2	assertion	assertion	NOUN
arjefm-71	62	3	is	be	AUX
arjefm-71	62	4	supported	support	VERB
arjefm-71	62	5	by	by	ADP
arjefm-71	62	6	fielding	field	VERB
arjefm-71	62	7	(	(	PUNCT
arjefm-71	62	8	2004	2004	NUM
arjefm-71	62	9	)	)	PUNCT
arjefm-71	62	10	who	who	PRON
arjefm-71	62	11	argued	argue	VERB
arjefm-71	62	12	that	that	SCONJ
arjefm-71	62	13	:	:	PUNCT
arjefm-71	62	14	households	household	NOUN
arjefm-71	62	15	in	in	ADP
arjefm-71	62	16	a	a	DET
arjefm-71	62	17	subset	subset	NOUN
arjefm-71	62	18	of	of	ADP
arjefm-71	62	19	the	the	DET
arjefm-71	62	20	countries	country	NOUN
arjefm-71	62	21	(	(	PUNCT
arjefm-71	62	22	in	in	ADP
arjefm-71	62	23	the	the	DET
arjefm-71	62	24	cfa	cfa	PROPN
arjefm-71	62	25	zone	zone	NOUN
arjefm-71	62	26	)	)	PUNCT
arjefm-71	62	27	especially	especially	ADV
arjefm-71	62	28	poor	poor	ADJ
arjefm-71	62	29	household	household	NOUN
arjefm-71	62	30	,	,	PUNCT
arjefm-71	62	31	bear	bear	VERB
arjefm-71	62	32	the	the	DET
arjefm-71	62	33	brunt	brunt	NOUN
arjefm-71	62	34	of	of	ADP
arjefm-71	62	35	the	the	DET
arjefm-71	62	36	price	price	NOUN
arjefm-71	62	37	volatility	volatility	NOUN
arjefm-71	62	38	…	…	PUNCT
arjefm-71	62	39	the	the	DET
arjefm-71	62	40	policy	policy	NOUN
arjefm-71	62	41	instruments	instrument	NOUN
arjefm-71	62	42	at	at	ADP
arjefm-71	62	43	its	its	PRON
arjefm-71	62	44	(	(	PUNCT
arjefm-71	62	45	cfa	cfa	PROPN
arjefm-71	62	46	zone	zone	NOUN
arjefm-71	62	47	)	)	PUNCT
arjefm-71	62	48	disposal	disposal	NOUN
arjefm-71	62	49	are	be	AUX
arjefm-71	62	50	potentially	potentially	ADV
arjefm-71	62	51	valuable	valuable	ADJ
arjefm-71	62	52	set	set	NOUN
arjefm-71	62	53	of	of	ADP
arjefm-71	62	54	tools	tool	NOUN
arjefm-71	62	55	to	to	PART
arjefm-71	62	56	combat	combat	VERB
arjefm-71	62	57	the	the	DET
arjefm-71	62	58	price	price	NOUN
arjefm-71	62	59	uncertainty	uncertainty	NOUN
arjefm-71	62	60	that	that	PRON
arjefm-71	62	61	arises	arise	VERB
arjefm-71	62	62	from	from	ADP
arjefm-71	62	63	exogenous	exogenous	ADJ
arjefm-71	62	64	shocks	shock	NOUN
arjefm-71	62	65	and	and	CCONJ
arjefm-71	62	66	increases	increase	VERB
arjefm-71	62	67	the	the	DET
arjefm-71	62	68	vulnerability	vulnerability	NOUN
arjefm-71	62	69	of	of	ADP
arjefm-71	62	70	the	the	DET
arjefm-71	62	71	poor	poor	ADJ
arjefm-71	62	72	.	.	PUNCT
arjefm-71	63	1	shorthand	shorthand	NOUN
arjefm-71	63	2	and	and	CCONJ
arjefm-71	63	3	stasavage	stasavage	NOUN
arjefm-71	63	4	(	(	PUNCT
arjefm-71	63	5	2004	2004	NUM
arjefm-71	63	6	:	:	PUNCT
arjefm-71	63	7	534	534	NUM
arjefm-71	63	8	)	)	PUNCT
arjefm-71	63	9	provided	provide	VERB
arjefm-71	63	10	evidence	evidence	NOUN
arjefm-71	63	11	that	that	SCONJ
arjefm-71	63	12	the	the	DET
arjefm-71	63	13	cfa	cfa	PROPN
arjefm-71	63	14	zone	zone	PROPN
arjefm-71	63	15	central	central	ADJ
arjefm-71	63	16	banks	bank	NOUN
arjefm-71	63	17	take	take	VERB
arjefm-71	63	18	into	into	ADP
arjefm-71	63	19	account	account	NOUN
arjefm-71	63	20	inflation	inflation	NOUN
arjefm-71	63	21	rates	rate	NOUN
arjefm-71	63	22	and	and	CCONJ
arjefm-71	63	23	the	the	DET
arjefm-71	63	24	output	output	NOUN
arjefm-71	63	25	gap	gap	NOUN
arjefm-71	63	26	positions	position	NOUN
arjefm-71	63	27	when	when	SCONJ
arjefm-71	63	28	making	make	VERB
arjefm-71	63	29	interest	interest	NOUN
arjefm-71	63	30	rate	rate	NOUN
arjefm-71	63	31	decisions	decision	NOUN
arjefm-71	63	32	.	.	PUNCT
arjefm-71	64	1	the	the	DET
arjefm-71	64	2	regional	regional	ADJ
arjefm-71	64	3	integration	integration	NOUN
arjefm-71	64	4	also	also	ADV
arjefm-71	64	5	has	have	VERB
arjefm-71	64	6	effect	effect	NOUN
arjefm-71	64	7	on	on	ADP
arjefm-71	64	8	the	the	DET
arjefm-71	64	9	price	price	NOUN
arjefm-71	64	10	of	of	ADP
arjefm-71	64	11	goods	good	NOUN
arjefm-71	64	12	produced	produce	VERB
arjefm-71	64	13	and	and	CCONJ
arjefm-71	64	14	consumed	consume	VERB
arjefm-71	64	15	by	by	ADP
arjefm-71	64	16	the	the	DET
arjefm-71	64	17	poor	poor	ADJ
arjefm-71	64	18	.	.	PUNCT
arjefm-71	65	1	there	there	PRON
arjefm-71	65	2	is	be	VERB
arjefm-71	65	3	also	also	ADV
arjefm-71	65	4	a	a	DET
arjefm-71	65	5	wider	wide	ADJ
arjefm-71	65	6	regional	regional	ADJ
arjefm-71	65	7	trade	trade	NOUN
arjefm-71	65	8	gain	gain	NOUN
arjefm-71	65	9	which	which	PRON
arjefm-71	65	10	benefits	benefit	VERB
arjefm-71	65	11	the	the	DET
arjefm-71	65	12	poor	poor	ADJ
arjefm-71	65	13	.	.	PUNCT
arjefm-71	66	1	i	i	PRON
arjefm-71	66	2	also	also	ADV
arjefm-71	66	3	assert	assert	VERB
arjefm-71	66	4	in	in	ADP
arjefm-71	66	5	the	the	DET
arjefm-71	66	6	next	next	ADJ
arjefm-71	66	7	section	section	NOUN
arjefm-71	66	8	that	that	SCONJ
arjefm-71	66	9	the	the	DET
arjefm-71	66	10	above	above	ADJ
arjefm-71	66	11	integration	integration	NOUN
arjefm-71	66	12	also	also	ADV
arjefm-71	66	13	serves	serve	VERB
arjefm-71	66	14	to	to	PART
arjefm-71	66	15	increase	increase	VERB
arjefm-71	66	16	the	the	DET
arjefm-71	66	17	overall	overall	ADJ
arjefm-71	66	18	investment	investment	NOUN
arjefm-71	66	19	,	,	PUNCT
arjefm-71	66	20	savings	saving	NOUN
arjefm-71	66	21	and	and	CCONJ
arjefm-71	66	22	per	per	ADP
arjefm-71	66	23	capita	capita	NOUN
arjefm-71	66	24	income	income	NOUN
arjefm-71	66	25	and	and	CCONJ
arjefm-71	66	26	thereby	thereby	ADV
arjefm-71	66	27	reducing	reduce	VERB
arjefm-71	66	28	poverty	poverty	NOUN
arjefm-71	66	29	in	in	ADP
arjefm-71	66	30	the	the	DET
arjefm-71	66	31	zone	zone	NOUN
arjefm-71	66	32	.	.	PUNCT
arjefm-71	67	1	azam	azam	PROPN
arjefm-71	67	2	asserted	assert	VERB
arjefm-71	67	3	that	that	SCONJ
arjefm-71	67	4	:	:	PUNCT
arjefm-71	67	5	the	the	DET
arjefm-71	67	6	crucial	crucial	ADJ
arjefm-71	67	7	link	link	NOUN
arjefm-71	67	8	is	be	AUX
arjefm-71	67	9	through	through	ADP
arjefm-71	67	10	the	the	DET
arjefm-71	67	11	fact	fact	NOUN
arjefm-71	67	12	that	that	SCONJ
arjefm-71	67	13	formal	formal	ADJ
arjefm-71	67	14	sector	sector	NOUN
arjefm-71	67	15	workers	worker	NOUN
arjefm-71	67	16	,	,	PUNCT
arjefm-71	67	17	who	who	PRON
arjefm-71	67	18	are	be	AUX
arjefm-71	67	19	much	much	ADV
arjefm-71	67	20	more	more	ADV
arjefm-71	67	21	affluent	affluent	ADJ
arjefm-71	67	22	than	than	ADP
arjefm-71	67	23	other	other	ADJ
arjefm-71	67	24	category	category	NOUN
arjefm-71	67	25	of	of	ADP
arjefm-71	67	26	workers	worker	NOUN
arjefm-71	67	27	,	,	PUNCT
arjefm-71	67	28	in	in	ADP
arjefm-71	67	29	most	most	ADJ
arjefm-71	67	30	countries	country	NOUN
arjefm-71	67	31	of	of	ADP
arjefm-71	67	32	the	the	DET
arjefm-71	67	33	cfa	cfa	PROPN
arjefm-71	67	34	zone	zone	NOUN
arjefm-71	67	35	,	,	PUNCT
arjefm-71	67	36	are	be	AUX
arjefm-71	67	37	running	run	VERB
arjefm-71	67	38	business	business	NOUN
arjefm-71	67	39	in	in	ADP
arjefm-71	67	40	the	the	DET
arjefm-71	67	41	informal	informal	ADJ
arjefm-71	67	42	sector	sector	NOUN
arjefm-71	67	43	.	.	PUNCT
arjefm-71	68	1	they	they	PRON
arjefm-71	68	2	invest	invest	VERB
arjefm-71	68	3	their	their	PRON
arjefm-71	68	4	savings	saving	NOUN
arjefm-71	68	5	in	in	ADP
arjefm-71	68	6	small	small	ADJ
arjefm-71	68	7	firms	firm	NOUN
arjefm-71	68	8	,	,	PUNCT
arjefm-71	68	9	where	where	SCONJ
arjefm-71	68	10	they	they	PRON
arjefm-71	68	11	generally	generally	ADV
arjefm-71	68	12	employ	employ	VERB
arjefm-71	68	13	people	people	NOUN
arjefm-71	68	14	from	from	ADP
arjefm-71	68	15	their	their	PRON
arjefm-71	68	16	social	social	ADJ
arjefm-71	68	17	network	network	NOUN
arjefm-71	68	18	.	.	PUNCT
arjefm-71	69	1	mailto:contact@americaserial.com	mailto:contact@americaserial.com	X
arjefm-71	69	2	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	70	1	american	american	PROPN
arjefm-71	70	2	research	research	PROPN
arjefm-71	70	3	journal	journal	PROPN
arjefm-71	70	4	of	of	ADP
arjefm-71	70	5	economics	economic	NOUN
arjefm-71	70	6	,	,	PUNCT
arjefm-71	70	7	finance	finance	NOUN
arjefm-71	70	8	and	and	CCONJ
arjefm-71	70	9	management	management	NOUN
arjefm-71	70	10	volume	volume	NOUN
arjefm-71	70	11	10	10	NUM
arjefm-71	70	12	issue	issue	NOUN
arjefm-71	70	13	4	4	NUM
arjefm-71	70	14	,	,	PUNCT
arjefm-71	70	15	october	october	PROPN
arjefm-71	70	16	-	-	PUNCT
arjefm-71	70	17	december	december	PROPN
arjefm-71	70	18	2022	2022	NUM
arjefm-71	70	19	issn	issn	NOUN
arjefm-71	70	20	:	:	PUNCT
arjefm-71	70	21	2836	2836	NUM
arjefm-71	70	22	-	-	SYM
arjefm-71	70	23	9416	9416	NUM
arjefm-71	70	24	impact	impact	NOUN
arjefm-71	70	25	factor	factor	NOUN
arjefm-71	70	26	:	:	PUNCT
arjefm-71	70	27	4.85	4.85	NUM
arjefm-71	70	28	journal	journal	NOUN
arjefm-71	70	29	homepage	homepage	NOUN
arjefm-71	70	30	:	:	PUNCT
arjefm-71	70	31	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	70	32	,	,	PUNCT
arjefm-71	70	33	email	email	NOUN
arjefm-71	70	34	:	:	PUNCT
arjefm-71	70	35	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	70	36	official	official	ADJ
arjefm-71	70	37	journal	journal	PROPN
arjefm-71	70	38	of	of	ADP
arjefm-71	70	39	america	america	PROPN
arjefm-71	70	40	serial	serial	PROPN
arjefm-71	70	41	publication	publication	NOUN
arjefm-71	70	42	american	american	PROPN
arjefm-71	70	43	research	research	PROPN
arjefm-71	70	44	journal	journal	PROPN
arjefm-71	70	45	of	of	ADP
arjefm-71	70	46	economics	economic	NOUN
arjefm-71	70	47	,	,	PUNCT
arjefm-71	70	48	finance	finance	NOUN
arjefm-71	70	49	and	and	CCONJ
arjefm-71	70	50	management	management	NOUN
arjefm-71	70	51	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	70	52	,	,	PUNCT
arjefm-71	70	53	email	email	NOUN
arjefm-71	70	54	:	:	PUNCT
arjefm-71	70	55	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	71	1	21	21	NUM
arjefm-71	72	1	|	|	ADV
arjefm-71	72	2	p	p	X
arjefm-71	72	3	a	a	DET
arjefm-71	72	4	g	g	NOUN
arjefm-71	72	5	e	e	NOUN
arjefm-71	72	6	the	the	DET
arjefm-71	72	7	fact	fact	NOUN
arjefm-71	72	8	that	that	SCONJ
arjefm-71	72	9	six	six	NUM
arjefm-71	72	10	out	out	ADP
arjefm-71	72	11	of	of	ADP
arjefm-71	72	12	thirteen	thirteen	NUM
arjefm-71	72	13	cfa	cfa	PROPN
arjefm-71	72	14	zone	zone	NOUN
arjefm-71	72	15	countries	country	NOUN
arjefm-71	72	16	in	in	ADP
arjefm-71	72	17	central	central	ADJ
arjefm-71	72	18	and	and	CCONJ
arjefm-71	72	19	west	west	PROPN
arjefm-71	72	20	africa	africa	PROPN
arjefm-71	72	21	till	till	SCONJ
arjefm-71	72	22	date	date	NOUN
arjefm-71	72	23	have	have	AUX
arjefm-71	72	24	reached	reach	VERB
arjefm-71	72	25	the	the	DET
arjefm-71	72	26	completion	completion	NOUN
arjefm-71	72	27	point	point	NOUN
arjefm-71	72	28	indicates	indicate	VERB
arjefm-71	72	29	their	their	PRON
arjefm-71	72	30	commitment	commitment	NOUN
arjefm-71	72	31	to	to	PART
arjefm-71	72	32	reduce	reduce	VERB
arjefm-71	72	33	poverty	poverty	NOUN
arjefm-71	72	34	.	.	PUNCT
arjefm-71	73	1	claveranne	claveranne	NOUN
arjefm-71	73	2	(	(	PUNCT
arjefm-71	73	3	2005	2005	NUM
arjefm-71	73	4	)	)	PUNCT
arjefm-71	73	5	asserted	assert	VERB
arjefm-71	73	6	that	that	SCONJ
arjefm-71	73	7	meeting	meet	VERB
arjefm-71	73	8	the	the	DET
arjefm-71	73	9	completion	completion	NOUN
arjefm-71	73	10	point	point	NOUN
arjefm-71	73	11	,	,	PUNCT
arjefm-71	73	12	the	the	DET
arjefm-71	73	13	cfa	cfa	PROPN
arjefm-71	73	14	zone	zone	NOUN
arjefm-71	73	15	countries	country	NOUN
arjefm-71	73	16	confirm	confirm	VERB
arjefm-71	73	17	their	their	PRON
arjefm-71	73	18	ability	ability	NOUN
arjefm-71	73	19	to	to	PART
arjefm-71	73	20	carry	carry	VERB
arjefm-71	73	21	out	out	ADP
arjefm-71	73	22	a	a	DET
arjefm-71	73	23	pro	pro	ADJ
arjefm-71	73	24	-	-	ADJ
arjefm-71	73	25	poor	poor	ADJ
arjefm-71	73	26	economic	economic	ADJ
arjefm-71	73	27	policy	policy	NOUN
arjefm-71	73	28	.	.	PUNCT
arjefm-71	74	1	it	it	PRON
arjefm-71	74	2	should	should	AUX
arjefm-71	74	3	be	be	AUX
arjefm-71	74	4	noted	note	VERB
arjefm-71	74	5	that	that	SCONJ
arjefm-71	74	6	to	to	PART
arjefm-71	74	7	reach	reach	VERB
arjefm-71	74	8	the	the	DET
arjefm-71	74	9	completion	completion	NOUN
arjefm-71	74	10	point	point	NOUN
arjefm-71	74	11	,	,	PUNCT
arjefm-71	74	12	the	the	DET
arjefm-71	74	13	latter	latter	ADJ
arjefm-71	74	14	countries	country	NOUN
arjefm-71	74	15	met	meet	VERB
arjefm-71	74	16	a	a	DET
arjefm-71	74	17	number	number	NOUN
arjefm-71	74	18	of	of	ADP
arjefm-71	74	19	triggers	trigger	NOUN
arjefm-71	74	20	involving	involve	VERB
arjefm-71	74	21	macroeconomic	macroeconomic	ADJ
arjefm-71	74	22	stability	stability	NOUN
arjefm-71	74	23	and	and	CCONJ
arjefm-71	74	24	commitment	commitment	NOUN
arjefm-71	74	25	to	to	ADP
arjefm-71	74	26	a	a	DET
arjefm-71	74	27	poverty	poverty	NOUN
arjefm-71	74	28	reduction	reduction	NOUN
arjefm-71	74	29	strategy	strategy	NOUN
arjefm-71	74	30	.	.	PUNCT
arjefm-71	75	1	2	2	X
arjefm-71	75	2	.	.	X
arjefm-71	75	3	macroeconomic	macroeconomic	ADJ
arjefm-71	75	4	performance	performance	NOUN
arjefm-71	75	5	,	,	PUNCT
arjefm-71	75	6	poverty	poverty	NOUN
arjefm-71	75	7	and	and	CCONJ
arjefm-71	75	8	income	income	NOUN
arjefm-71	75	9	distribution	distribution	NOUN
arjefm-71	75	10	:	:	PUNCT
arjefm-71	75	11	cfa	cfa	PROPN
arjefm-71	75	12	and	and	CCONJ
arjefm-71	75	13	non	non	ADJ
arjefm-71	75	14	cfa	cfa	PROPN
arjefm-71	75	15	zones	zone	NOUN
arjefm-71	75	16	in	in	ADP
arjefm-71	75	17	subsections	subsection	NOUN
arjefm-71	75	18	2.1	2.1	NUM
arjefm-71	75	19	and	and	CCONJ
arjefm-71	75	20	2.2	2.2	NUM
arjefm-71	75	21	,	,	PUNCT
arjefm-71	75	22	i	i	PRON
arjefm-71	75	23	compare	compare	VERB
arjefm-71	75	24	respectively	respectively	ADV
arjefm-71	75	25	macroeconomics	macroeconomic	NOUN
arjefm-71	75	26	and	and	CCONJ
arjefm-71	75	27	poverty	poverty	NOUN
arjefm-71	75	28	indicators	indicator	NOUN
arjefm-71	75	29	for	for	ADP
arjefm-71	75	30	central	central	ADJ
arjefm-71	75	31	and	and	CCONJ
arjefm-71	75	32	west	west	ADJ
arjefm-71	75	33	african	african	ADJ
arjefm-71	75	34	countries	country	NOUN
arjefm-71	75	35	in	in	ADP
arjefm-71	75	36	the	the	DET
arjefm-71	75	37	cfa	cfa	PROPN
arjefm-71	75	38	zone	zone	NOUN
arjefm-71	75	39	with	with	ADP
arjefm-71	75	40	those	those	PRON
arjefm-71	75	41	of	of	ADP
arjefm-71	75	42	the	the	DET
arjefm-71	75	43	non	non	PROPN
arjefm-71	75	44	cfa	cfa	PROPN
arjefm-71	75	45	zone	zone	NOUN
arjefm-71	75	46	.	.	PUNCT
arjefm-71	76	1	only	only	ADV
arjefm-71	76	2	selected	select	VERB
arjefm-71	76	3	countries	country	NOUN
arjefm-71	76	4	where	where	SCONJ
arjefm-71	76	5	relevant	relevant	ADJ
arjefm-71	76	6	data	datum	NOUN
arjefm-71	76	7	to	to	ADP
arjefm-71	76	8	my	my	PRON
arjefm-71	76	9	study	study	NOUN
arjefm-71	76	10	could	could	AUX
arjefm-71	76	11	be	be	AUX
arjefm-71	76	12	found	find	VERB
arjefm-71	76	13	in	in	ADP
arjefm-71	76	14	the	the	DET
arjefm-71	76	15	world	world	PROPN
arjefm-71	76	16	bank	bank	PROPN
arjefm-71	76	17	data	datum	NOUN
arjefm-71	76	18	base	base	NOUN
arjefm-71	76	19	are	be	AUX
arjefm-71	76	20	considered	consider	VERB
arjefm-71	76	21	in	in	ADP
arjefm-71	76	22	this	this	DET
arjefm-71	76	23	section	section	NOUN
arjefm-71	76	24	.	.	PUNCT
arjefm-71	77	1	it	it	PRON
arjefm-71	77	2	follows	follow	VERB
arjefm-71	77	3	therefore	therefore	ADV
arjefm-71	77	4	that	that	SCONJ
arjefm-71	77	5	,	,	PUNCT
arjefm-71	77	6	in	in	ADP
arjefm-71	77	7	the	the	DET
arjefm-71	77	8	cfa	cfa	PROPN
arjefm-71	77	9	zone	zone	NOUN
arjefm-71	77	10	,	,	PUNCT
arjefm-71	77	11	seven	seven	NUM
arjefm-71	77	12	countries	country	NOUN
arjefm-71	77	13	have	have	AUX
arjefm-71	77	14	been	be	AUX
arjefm-71	77	15	selected	select	VERB
arjefm-71	77	16	:	:	PUNCT
arjefm-71	77	17	benin	benin	PROPN
arjefm-71	77	18	,	,	PUNCT
arjefm-71	77	19	burkina	burkina	PROPN
arjefm-71	77	20	faso	faso	PROPN
arjefm-71	77	21	,	,	PUNCT
arjefm-71	77	22	cameroon	cameroon	PROPN
arjefm-71	77	23	,	,	PUNCT
arjefm-71	77	24	central	central	ADJ
arjefm-71	77	25	african	african	ADJ
arjefm-71	77	26	republic	republic	NOUN
arjefm-71	77	27	,	,	PUNCT
arjefm-71	77	28	cote	cote	PROPN
arjefm-71	77	29	d’ivoire	d’ivoire	PROPN
arjefm-71	77	30	,	,	PUNCT
arjefm-71	77	31	niger	niger	NOUN
arjefm-71	77	32	and	and	CCONJ
arjefm-71	77	33	senegal	senegal	NOUN
arjefm-71	77	34	.	.	PUNCT
arjefm-71	78	1	in	in	ADP
arjefm-71	78	2	the	the	DET
arjefm-71	78	3	non	non	PROPN
arjefm-71	78	4	cfa	cfa	PROPN
arjefm-71	78	5	zone	zone	NOUN
arjefm-71	78	6	,	,	PUNCT
arjefm-71	78	7	four	four	NUM
arjefm-71	78	8	countries	country	NOUN
arjefm-71	78	9	have	have	AUX
arjefm-71	78	10	been	be	AUX
arjefm-71	78	11	selected	select	VERB
arjefm-71	78	12	:	:	PUNCT
arjefm-71	78	13	ghana	ghana	PROPN
arjefm-71	78	14	,	,	PUNCT
arjefm-71	78	15	nigeria	nigeria	PROPN
arjefm-71	78	16	,	,	PUNCT
arjefm-71	78	17	sierra	sierra	PROPN
arjefm-71	78	18	leone	leone	PROPN
arjefm-71	78	19	and	and	CCONJ
arjefm-71	78	20	the	the	DET
arjefm-71	78	21	gambia	gambia	NOUN
arjefm-71	78	22	.	.	PUNCT
arjefm-71	79	1	macroeconomics	macroeconomic	NOUN
arjefm-71	79	2	indicators	indicator	NOUN
arjefm-71	79	3	analysed	analyse	VERB
arjefm-71	79	4	in	in	ADP
arjefm-71	79	5	subsection	subsection	NOUN
arjefm-71	79	6	2.1	2.1	NUM
arjefm-71	79	7	are	be	AUX
arjefm-71	79	8	inflation	inflation	NOUN
arjefm-71	79	9	,	,	PUNCT
arjefm-71	79	10	gross	gross	ADJ
arjefm-71	79	11	domestic	domestic	ADJ
arjefm-71	79	12	savings	saving	NOUN
arjefm-71	79	13	as	as	ADP
arjefm-71	79	14	a	a	DET
arjefm-71	79	15	percentage	percentage	NOUN
arjefm-71	79	16	of	of	ADP
arjefm-71	79	17	gross	gross	ADJ
arjefm-71	79	18	domestic	domestic	ADJ
arjefm-71	79	19	product	product	NOUN
arjefm-71	79	20	(	(	PUNCT
arjefm-71	79	21	gdp	gdp	NOUN
arjefm-71	79	22	)	)	PUNCT
arjefm-71	79	23	and	and	CCONJ
arjefm-71	79	24	gross	gross	ADJ
arjefm-71	79	25	domestic	domestic	ADJ
arjefm-71	79	26	income	income	NOUN
arjefm-71	79	27	per	per	ADP
arjefm-71	79	28	capita	capita	NOUN
arjefm-71	79	29	.	.	PUNCT
arjefm-71	80	1	poverty	poverty	NOUN
arjefm-71	80	2	indicators	indicator	NOUN
arjefm-71	80	3	analysed	analyse	VERB
arjefm-71	80	4	in	in	ADP
arjefm-71	80	5	subsection	subsection	NOUN
arjefm-71	80	6	2.2	2.2	NUM
arjefm-71	80	7	are	be	AUX
arjefm-71	80	8	:	:	PUNCT
arjefm-71	80	9	poverty	poverty	NOUN
arjefm-71	80	10	line	line	NOUN
arjefm-71	80	11	,	,	PUNCT
arjefm-71	80	12	poverty	poverty	NOUN
arjefm-71	80	13	headcount	headcount	NOUN
arjefm-71	80	14	and	and	CCONJ
arjefm-71	80	15	the	the	DET
arjefm-71	80	16	gini	gini	PROPN
arjefm-71	80	17	coefficient	coefficient	NOUN
arjefm-71	80	18	.	.	PUNCT
arjefm-71	81	1	2.1	2.1	NUM
arjefm-71	81	2	macroeconomic	macroeconomic	ADJ
arjefm-71	81	3	performance	performance	NOUN
arjefm-71	81	4	inflation	inflation	NOUN
arjefm-71	81	5	figure	figure	NOUN
arjefm-71	81	6	1	1	NUM
arjefm-71	81	7	shows	show	VERB
arjefm-71	81	8	that	that	SCONJ
arjefm-71	81	9	,	,	PUNCT
arjefm-71	81	10	in	in	ADP
arjefm-71	81	11	terms	term	NOUN
arjefm-71	81	12	of	of	ADP
arjefm-71	81	13	inflation	inflation	NOUN
arjefm-71	81	14	,	,	PUNCT
arjefm-71	81	15	cfa	cfa	PROPN
arjefm-71	81	16	zone	zone	NOUN
arjefm-71	81	17	countries	country	NOUN
arjefm-71	81	18	demonstrate	demonstrate	VERB
arjefm-71	81	19	a	a	DET
arjefm-71	81	20	superior	superior	ADJ
arjefm-71	81	21	performance	performance	NOUN
arjefm-71	81	22	compared	compare	VERB
arjefm-71	81	23	to	to	ADP
arjefm-71	81	24	their	their	PRON
arjefm-71	81	25	non	non	ADJ
arjefm-71	81	26	cfa	cfa	PROPN
arjefm-71	81	27	zone	zone	PROPN
arjefm-71	81	28	counterparts	counterpart	NOUN
arjefm-71	81	29	.	.	PUNCT
arjefm-71	82	1	over	over	ADP
arjefm-71	82	2	the	the	DET
arjefm-71	82	3	1961	1961	NUM
arjefm-71	82	4	-	-	SYM
arjefm-71	82	5	2000	2000	NUM
arjefm-71	82	6	periods	period	NOUN
arjefm-71	82	7	they	they	PRON
arjefm-71	82	8	averaged	average	VERB
arjefm-71	82	9	an	an	DET
arjefm-71	82	10	inflation	inflation	NOUN
arjefm-71	82	11	rate	rate	NOUN
arjefm-71	82	12	of	of	ADP
arjefm-71	82	13	only	only	ADV
arjefm-71	82	14	6	6	NUM
arjefm-71	82	15	%	%	NOUN
arjefm-71	82	16	per	per	ADP
arjefm-71	82	17	year	year	NOUN
arjefm-71	82	18	compared	compare	VERB
arjefm-71	82	19	to	to	ADP
arjefm-71	82	20	the	the	DET
arjefm-71	82	21	non	non	PROPN
arjefm-71	82	22	cfa	cfa	PROPN
arjefm-71	82	23	zone	zone	PROPN
arjefm-71	82	24	states	state	NOUN
arjefm-71	82	25	at	at	ADP
arjefm-71	82	26	22	22	NUM
arjefm-71	82	27	%	%	NOUN
arjefm-71	82	28	per	per	ADP
arjefm-71	82	29	year	year	NOUN
arjefm-71	82	30	.	.	PUNCT
arjefm-71	83	1	monetary	monetary	ADJ
arjefm-71	83	2	integration	integration	NOUN
arjefm-71	83	3	in	in	ADP
arjefm-71	83	4	the	the	DET
arjefm-71	83	5	cfa	cfa	PROPN
arjefm-71	83	6	zone	zone	NOUN
arjefm-71	83	7	may	may	AUX
arjefm-71	83	8	have	have	AUX
arjefm-71	83	9	contributed	contribute	VERB
arjefm-71	83	10	to	to	ADP
arjefm-71	83	11	the	the	DET
arjefm-71	83	12	latter	latter	ADJ
arjefm-71	83	13	performance	performance	NOUN
arjefm-71	83	14	.	.	PUNCT
arjefm-71	84	1	for	for	ADP
arjefm-71	84	2	example	example	NOUN
arjefm-71	84	3	,	,	PUNCT
arjefm-71	84	4	honohan	honohan	ADV
arjefm-71	84	5	(	(	PUNCT
arjefm-71	84	6	1992	1992	NUM
arjefm-71	84	7	)	)	PUNCT
arjefm-71	84	8	established	establish	VERB
arjefm-71	84	9	a	a	DET
arjefm-71	84	10	long	long	ADJ
arjefm-71	84	11	-	-	PUNCT
arjefm-71	84	12	term	term	NOUN
arjefm-71	84	13	relationship	relationship	NOUN
arjefm-71	84	14	between	between	ADP
arjefm-71	84	15	cfa	cfa	PROPN
arjefm-71	84	16	inflation	inflation	NOUN
arjefm-71	84	17	rates	rate	NOUN
arjefm-71	84	18	and	and	CCONJ
arjefm-71	84	19	the	the	DET
arjefm-71	84	20	"	"	PUNCT
arjefm-71	84	21	core	core	NOUN
arjefm-71	84	22	"	"	PUNCT
arjefm-71	84	23	inflation	inflation	NOUN
arjefm-71	84	24	rate	rate	NOUN
arjefm-71	84	25	of	of	ADP
arjefm-71	84	26	france	france	PROPN
arjefm-71	84	27	.	.	PUNCT
arjefm-71	85	1	furthermore	furthermore	ADV
arjefm-71	85	2	,	,	PUNCT
arjefm-71	85	3	the	the	DET
arjefm-71	85	4	control	control	NOUN
arjefm-71	85	5	over	over	ADP
arjefm-71	85	6	the	the	DET
arjefm-71	85	7	rate	rate	NOUN
arjefm-71	85	8	of	of	ADP
arjefm-71	85	9	domestic	domestic	ADJ
arjefm-71	85	10	credit	credit	NOUN
arjefm-71	85	11	expansion	expansion	NOUN
arjefm-71	85	12	by	by	ADP
arjefm-71	85	13	the	the	DET
arjefm-71	85	14	cfa	cfa	PROPN
arjefm-71	85	15	two	two	NUM
arjefm-71	85	16	central	central	ADJ
arjefm-71	85	17	banks	bank	NOUN
arjefm-71	85	18	appears	appear	VERB
arjefm-71	85	19	to	to	PART
arjefm-71	85	20	have	have	AUX
arjefm-71	85	21	played	play	VERB
arjefm-71	85	22	a	a	DET
arjefm-71	85	23	major	major	ADJ
arjefm-71	85	24	role	role	NOUN
arjefm-71	85	25	to	to	ADP
arjefm-71	85	26	the	the	DET
arjefm-71	85	27	current	current	ADJ
arjefm-71	85	28	low	low	ADJ
arjefm-71	85	29	rate	rate	NOUN
arjefm-71	85	30	of	of	ADP
arjefm-71	85	31	inflation	inflation	NOUN
arjefm-71	85	32	.	.	PUNCT
arjefm-71	86	1	fixed	fix	VERB
arjefm-71	86	2	exchange	exchange	NOUN
arjefm-71	86	3	rates	rate	NOUN
arjefm-71	86	4	have	have	AUX
arjefm-71	86	5	enabled	enable	VERB
arjefm-71	86	6	cfa	cfa	PROPN
arjefm-71	86	7	zone	zone	NOUN
arjefm-71	86	8	countries	country	NOUN
arjefm-71	86	9	to	to	PART
arjefm-71	86	10	maintain	maintain	VERB
arjefm-71	86	11	lower	low	ADJ
arjefm-71	86	12	inflation	inflation	NOUN
arjefm-71	86	13	than	than	ADP
arjefm-71	86	14	their	their	PRON
arjefm-71	86	15	neighbours	neighbour	NOUN
arjefm-71	86	16	.	.	PUNCT
arjefm-71	87	1	the	the	DET
arjefm-71	87	2	openness	openness	NOUN
arjefm-71	87	3	of	of	ADP
arjefm-71	87	4	the	the	DET
arjefm-71	87	5	cfa	cfa	PROPN
arjefm-71	87	6	economies	economy	NOUN
arjefm-71	87	7	prevents	prevent	VERB
arjefm-71	87	8	strong	strong	ADJ
arjefm-71	87	9	linkages	linkage	NOUN
arjefm-71	87	10	between	between	ADP
arjefm-71	87	11	fiscal	fiscal	ADJ
arjefm-71	87	12	financing	financing	NOUN
arjefm-71	87	13	through	through	ADP
arjefm-71	87	14	credit	credit	NOUN
arjefm-71	87	15	expansions	expansion	NOUN
arjefm-71	87	16	and	and	CCONJ
arjefm-71	87	17	monetary	monetary	ADJ
arjefm-71	87	18	growth	growth	NOUN
arjefm-71	87	19	.	.	PUNCT
arjefm-71	88	1	if	if	SCONJ
arjefm-71	88	2	there	there	PRON
arjefm-71	88	3	is	be	VERB
arjefm-71	88	4	too	too	ADV
arjefm-71	88	5	much	much	ADJ
arjefm-71	88	6	credit	credit	NOUN
arjefm-71	88	7	expansion	expansion	NOUN
arjefm-71	88	8	,	,	PUNCT
arjefm-71	88	9	it	it	PRON
arjefm-71	88	10	will	will	AUX
arjefm-71	88	11	simply	simply	ADV
arjefm-71	88	12	leak	leak	VERB
arjefm-71	88	13	out	out	ADP
arjefm-71	88	14	into	into	ADP
arjefm-71	88	15	imports	import	NOUN
arjefm-71	88	16	or	or	CCONJ
arjefm-71	88	17	capital	capital	NOUN
arjefm-71	88	18	movements	movement	NOUN
arjefm-71	88	19	within	within	ADP
arjefm-71	88	20	the	the	DET
arjefm-71	88	21	zone	zone	NOUN
arjefm-71	88	22	and	and	CCONJ
arjefm-71	88	23	france	france	PROPN
arjefm-71	88	24	.	.	PUNCT
arjefm-71	89	1	if	if	SCONJ
arjefm-71	89	2	there	there	PRON
arjefm-71	89	3	is	be	VERB
arjefm-71	89	4	too	too	ADV
arjefm-71	89	5	little	little	ADJ
arjefm-71	89	6	,	,	PUNCT
arjefm-71	89	7	it	it	PRON
arjefm-71	89	8	will	will	AUX
arjefm-71	89	9	be	be	AUX
arjefm-71	89	10	made	make	VERB
arjefm-71	89	11	up	up	ADP
arjefm-71	89	12	by	by	ADP
arjefm-71	89	13	capital	capital	NOUN
arjefm-71	89	14	inflows	inflow	NOUN
arjefm-71	89	15	.	.	PUNCT
arjefm-71	90	1	one	one	PRON
arjefm-71	90	2	may	may	AUX
arjefm-71	90	3	deduce	deduce	VERB
arjefm-71	90	4	that	that	SCONJ
arjefm-71	90	5	the	the	DET
arjefm-71	90	6	fiscal	fiscal	ADJ
arjefm-71	90	7	expansion	expansion	NOUN
arjefm-71	90	8	has	have	VERB
arjefm-71	90	9	little	little	ADJ
arjefm-71	90	10	impact	impact	NOUN
arjefm-71	90	11	on	on	ADP
arjefm-71	90	12	the	the	DET
arjefm-71	90	13	stock	stock	NOUN
arjefm-71	90	14	of	of	ADP
arjefm-71	90	15	money	money	NOUN
arjefm-71	90	16	,	,	PUNCT
arjefm-71	90	17	and	and	CCONJ
arjefm-71	90	18	hence	hence	ADV
arjefm-71	90	19	inflation	inflation	NOUN
arjefm-71	90	20	.	.	PUNCT
arjefm-71	91	1	the	the	DET
arjefm-71	91	2	above	above	ADJ
arjefm-71	91	3	performance	performance	NOUN
arjefm-71	91	4	supports	support	VERB
arjefm-71	91	5	the	the	DET
arjefm-71	91	6	analysis	analysis	NOUN
arjefm-71	91	7	on	on	ADP
arjefm-71	91	8	poverty	poverty	NOUN
arjefm-71	91	9	carried	carry	VERB
arjefm-71	91	10	out	out	ADP
arjefm-71	91	11	in	in	ADP
arjefm-71	91	12	the	the	DET
arjefm-71	91	13	next	next	ADJ
arjefm-71	91	14	subsection	subsection	NOUN
arjefm-71	91	15	.	.	PUNCT
arjefm-71	92	1	high	high	ADJ
arjefm-71	92	2	inflation	inflation	NOUN
arjefm-71	92	3	in	in	ADP
arjefm-71	92	4	the	the	DET
arjefm-71	92	5	non	non	PROPN
arjefm-71	92	6	cfa	cfa	PROPN
arjefm-71	92	7	zone	zone	NOUN
arjefm-71	92	8	could	could	AUX
arjefm-71	92	9	be	be	AUX
arjefm-71	92	10	detrimental	detrimental	ADJ
arjefm-71	92	11	in	in	ADP
arjefm-71	92	12	two	two	NUM
arjefm-71	92	13	ways	way	NOUN
arjefm-71	92	14	.	.	PUNCT
arjefm-71	93	1	first	first	ADV
arjefm-71	93	2	,	,	PUNCT
arjefm-71	93	3	inflation	inflation	NOUN
arjefm-71	93	4	may	may	AUX
arjefm-71	93	5	not	not	PART
arjefm-71	93	6	affect	affect	VERB
arjefm-71	93	7	individuals	individual	NOUN
arjefm-71	93	8	below	below	ADP
arjefm-71	93	9	the	the	DET
arjefm-71	93	10	poverty	poverty	NOUN
arjefm-71	93	11	line	line	NOUN
arjefm-71	93	12	due	due	ADP
arjefm-71	93	13	to	to	ADP
arjefm-71	93	14	their	their	PRON
arjefm-71	93	15	negligible	negligible	ADJ
arjefm-71	93	16	average	average	ADJ
arjefm-71	93	17	cash	cash	NOUN
arjefm-71	93	18	holdings	holding	NOUN
arjefm-71	93	19	.	.	PUNCT
arjefm-71	94	1	but	but	CCONJ
arjefm-71	94	2	it	it	PRON
arjefm-71	94	3	may	may	AUX
arjefm-71	94	4	wipe	wipe	VERB
arjefm-71	94	5	out	out	ADP
arjefm-71	94	6	the	the	DET
arjefm-71	94	7	savings	saving	NOUN
arjefm-71	94	8	of	of	ADP
arjefm-71	94	9	the	the	DET
arjefm-71	94	10	middle	middle	ADJ
arjefm-71	94	11	class	class	NOUN
arjefm-71	94	12	and	and	CCONJ
arjefm-71	94	13	increase	increase	VERB
arjefm-71	94	14	the	the	DET
arjefm-71	94	15	number	number	NOUN
arjefm-71	94	16	of	of	ADP
arjefm-71	94	17	poor	poor	ADJ
arjefm-71	94	18	.	.	PUNCT
arjefm-71	95	1	in	in	ADP
arjefm-71	95	2	this	this	DET
arjefm-71	95	3	sense	sense	NOUN
arjefm-71	95	4	it	it	PRON
arjefm-71	95	5	widens	widen	VERB
arjefm-71	95	6	inequality	inequality	NOUN
arjefm-71	95	7	of	of	ADP
arjefm-71	95	8	income	income	NOUN
arjefm-71	95	9	as	as	SCONJ
arjefm-71	95	10	indicated	indicate	VERB
arjefm-71	95	11	in	in	ADP
arjefm-71	95	12	table	table	NOUN
arjefm-71	95	13	2	2	NUM
arjefm-71	95	14	and	and	CCONJ
arjefm-71	95	15	increases	increase	VERB
arjefm-71	95	16	poverty	poverty	NOUN
arjefm-71	95	17	as	as	SCONJ
arjefm-71	95	18	shown	show	VERB
arjefm-71	95	19	in	in	ADP
arjefm-71	95	20	figure	figure	NOUN
arjefm-71	95	21	4	4	NUM
arjefm-71	95	22	and	and	CCONJ
arjefm-71	95	23	in	in	ADP
arjefm-71	95	24	table	table	NOUN
arjefm-71	95	25	1	1	NUM
arjefm-71	95	26	in	in	ADP
arjefm-71	95	27	the	the	DET
arjefm-71	95	28	next	next	ADJ
arjefm-71	95	29	section	section	NOUN
arjefm-71	95	30	.	.	PUNCT
arjefm-71	96	1	second	second	ADJ
arjefm-71	96	2	,	,	PUNCT
arjefm-71	96	3	if	if	SCONJ
arjefm-71	96	4	nominal	nominal	ADJ
arjefm-71	96	5	wages	wage	NOUN
arjefm-71	96	6	increase	increase	VERB
arjefm-71	96	7	less	less	ADJ
arjefm-71	96	8	than	than	ADP
arjefm-71	96	9	the	the	DET
arjefm-71	96	10	price	price	NOUN
arjefm-71	96	11	of	of	ADP
arjefm-71	96	12	goods	good	NOUN
arjefm-71	96	13	consumed	consume	VERB
arjefm-71	96	14	by	by	ADP
arjefm-71	96	15	wage	wage	NOUN
arjefm-71	96	16	earners	earner	NOUN
arjefm-71	96	17	,	,	PUNCT
arjefm-71	96	18	worker	worker	NOUN
arjefm-71	96	19	’s	’s	PART
arjefm-71	96	20	real	real	ADJ
arjefm-71	96	21	income	income	NOUN
arjefm-71	96	22	will	will	AUX
arjefm-71	96	23	decline	decline	VERB
arjefm-71	96	24	.	.	PUNCT
arjefm-71	97	1	this	this	PRON
arjefm-71	97	2	may	may	AUX
arjefm-71	97	3	also	also	ADV
arjefm-71	97	4	increase	increase	VERB
arjefm-71	97	5	the	the	DET
arjefm-71	97	6	number	number	NOUN
arjefm-71	97	7	of	of	ADP
arjefm-71	97	8	poor	poor	ADJ
arjefm-71	97	9	.	.	PUNCT
arjefm-71	98	1	mailto:contact@americaserial.com	mailto:contact@americaserial.com	X
arjefm-71	98	2	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	99	1	american	american	PROPN
arjefm-71	99	2	research	research	PROPN
arjefm-71	99	3	journal	journal	PROPN
arjefm-71	99	4	of	of	ADP
arjefm-71	99	5	economics	economic	NOUN
arjefm-71	99	6	,	,	PUNCT
arjefm-71	99	7	finance	finance	NOUN
arjefm-71	99	8	and	and	CCONJ
arjefm-71	99	9	management	management	NOUN
arjefm-71	99	10	volume	volume	NOUN
arjefm-71	99	11	10	10	NUM
arjefm-71	99	12	issue	issue	NOUN
arjefm-71	99	13	4	4	NUM
arjefm-71	99	14	,	,	PUNCT
arjefm-71	99	15	october	october	PROPN
arjefm-71	99	16	-	-	PUNCT
arjefm-71	99	17	december	december	PROPN
arjefm-71	99	18	2022	2022	NUM
arjefm-71	99	19	issn	issn	NOUN
arjefm-71	99	20	:	:	PUNCT
arjefm-71	99	21	2836	2836	NUM
arjefm-71	99	22	-	-	SYM
arjefm-71	99	23	9416	9416	NUM
arjefm-71	99	24	impact	impact	NOUN
arjefm-71	99	25	factor	factor	NOUN
arjefm-71	99	26	:	:	PUNCT
arjefm-71	99	27	4.85	4.85	NUM
arjefm-71	99	28	journal	journal	NOUN
arjefm-71	99	29	homepage	homepage	NOUN
arjefm-71	99	30	:	:	PUNCT
arjefm-71	99	31	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	99	32	,	,	PUNCT
arjefm-71	99	33	email	email	NOUN
arjefm-71	99	34	:	:	PUNCT
arjefm-71	99	35	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	99	36	official	official	ADJ
arjefm-71	99	37	journal	journal	PROPN
arjefm-71	99	38	of	of	ADP
arjefm-71	99	39	america	america	PROPN
arjefm-71	99	40	serial	serial	PROPN
arjefm-71	99	41	publication	publication	NOUN
arjefm-71	99	42	american	american	PROPN
arjefm-71	99	43	research	research	PROPN
arjefm-71	99	44	journal	journal	PROPN
arjefm-71	99	45	of	of	ADP
arjefm-71	99	46	economics	economic	NOUN
arjefm-71	99	47	,	,	PUNCT
arjefm-71	99	48	finance	finance	NOUN
arjefm-71	99	49	and	and	CCONJ
arjefm-71	99	50	management	management	NOUN
arjefm-71	99	51	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	99	52	,	,	PUNCT
arjefm-71	99	53	email	email	NOUN
arjefm-71	99	54	:	:	PUNCT
arjefm-71	100	1	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	100	2	22	22	NUM
arjefm-71	101	1	|	|	ADV
arjefm-71	101	2	p	p	X
arjefm-71	101	3	a	a	DET
arjefm-71	101	4	g	g	NOUN
arjefm-71	101	5	e	e	ADP
arjefm-71	101	6	gross	gross	ADJ
arjefm-71	101	7	domestic	domestic	ADJ
arjefm-71	101	8	savings	saving	NOUN
arjefm-71	101	9	(	(	PUNCT
arjefm-71	101	10	%	%	INTJ
arjefm-71	101	11	gdp	gdp	NOUN
arjefm-71	101	12	)	)	PUNCT
arjefm-71	101	13	although	although	SCONJ
arjefm-71	101	14	the	the	DET
arjefm-71	101	15	cfa	cfa	PROPN
arjefm-71	101	16	regime	regime	NOUN
arjefm-71	101	17	appeared	appear	VERB
arjefm-71	101	18	to	to	PART
arjefm-71	101	19	offer	offer	VERB
arjefm-71	101	20	its	its	PRON
arjefm-71	101	21	participants	participant	NOUN
arjefm-71	101	22	a	a	DET
arjefm-71	101	23	higher	high	ADJ
arjefm-71	101	24	gross	gross	ADJ
arjefm-71	101	25	domestic	domestic	ADJ
arjefm-71	101	26	savings	saving	NOUN
arjefm-71	101	27	ratio	ratio	NOUN
arjefm-71	101	28	in	in	ADP
arjefm-71	101	29	the	the	DET
arjefm-71	101	30	1960s	1960	NOUN
arjefm-71	101	31	at	at	ADP
arjefm-71	101	32	the	the	DET
arjefm-71	101	33	range	range	NOUN
arjefm-71	101	34	of	of	ADP
arjefm-71	101	35	9	9	NUM
arjefm-71	101	36	%	%	NOUN
arjefm-71	101	37	per	per	ADP
arjefm-71	101	38	year	year	NOUN
arjefm-71	101	39	compared	compare	VERB
arjefm-71	101	40	to	to	ADP
arjefm-71	101	41	8	8	NUM
arjefm-71	101	42	%	%	NOUN
arjefm-71	101	43	to	to	ADP
arjefm-71	101	44	their	their	PRON
arjefm-71	101	45	corresponding	correspond	VERB
arjefm-71	101	46	non	non	PROPN
arjefm-71	101	47	cfa	cfa	PROPN
arjefm-71	101	48	counterparts	counterpart	NOUN
arjefm-71	101	49	,	,	PUNCT
arjefm-71	101	50	figure	figure	NOUN
arjefm-71	101	51	2	2	NUM
arjefm-71	101	52	indicates	indicate	VERB
arjefm-71	101	53	that	that	SCONJ
arjefm-71	101	54	in	in	ADP
arjefm-71	101	55	the	the	DET
arjefm-71	101	56	1980s	1980	NOUN
arjefm-71	101	57	and	and	CCONJ
arjefm-71	101	58	the	the	DET
arjefm-71	101	59	mid-1990s	mid-1990	NOUN
arjefm-71	101	60	,	,	PUNCT
arjefm-71	101	61	the	the	DET
arjefm-71	101	62	gross	gross	ADJ
arjefm-71	101	63	domestic	domestic	ADJ
arjefm-71	101	64	savings	saving	NOUN
arjefm-71	101	65	of	of	ADP
arjefm-71	101	66	the	the	DET
arjefm-71	101	67	groups	group	NOUN
arjefm-71	101	68	reveal	reveal	VERB
arjefm-71	101	69	similar	similar	ADJ
arjefm-71	101	70	fluctuations	fluctuation	NOUN
arjefm-71	101	71	.	.	PUNCT
arjefm-71	102	1	however	however	ADV
arjefm-71	102	2	,	,	PUNCT
arjefm-71	102	3	since	since	SCONJ
arjefm-71	102	4	the	the	DET
arjefm-71	102	5	mid-1990s	mid-1990	NOUN
arjefm-71	102	6	till	till	SCONJ
arjefm-71	102	7	now	now	ADV
arjefm-71	102	8	,	,	PUNCT
arjefm-71	102	9	cfa	cfa	PROPN
arjefm-71	102	10	zone	zone	NOUN
arjefm-71	102	11	countries	country	NOUN
arjefm-71	102	12	have	have	AUX
arjefm-71	102	13	outperformed	outperform	VERB
arjefm-71	102	14	the	the	DET
arjefm-71	102	15	non	non	ADJ
arjefm-71	102	16	cfa	cfa	PROPN
arjefm-71	102	17	zone	zone	NOUN
arjefm-71	102	18	countries	country	NOUN
arjefm-71	102	19	in	in	ADP
arjefm-71	102	20	terms	term	NOUN
arjefm-71	102	21	of	of	ADP
arjefm-71	102	22	gross	gross	ADJ
arjefm-71	102	23	domestic	domestic	ADJ
arjefm-71	102	24	savings	saving	NOUN
arjefm-71	102	25	.	.	PUNCT
arjefm-71	103	1	the	the	DET
arjefm-71	103	2	issue	issue	NOUN
arjefm-71	103	3	of	of	ADP
arjefm-71	103	4	savings	saving	NOUN
arjefm-71	103	5	is	be	AUX
arjefm-71	103	6	very	very	ADV
arjefm-71	103	7	closely	closely	ADV
arjefm-71	103	8	related	relate	VERB
arjefm-71	103	9	to	to	ADP
arjefm-71	103	10	the	the	DET
arjefm-71	103	11	question	question	NOUN
arjefm-71	103	12	of	of	ADP
arjefm-71	103	13	investment	investment	NOUN
arjefm-71	103	14	in	in	ADP
arjefm-71	103	15	the	the	DET
arjefm-71	103	16	poor	poor	ADJ
arjefm-71	103	17	and	and	CCONJ
arjefm-71	103	18	by	by	ADP
arjefm-71	103	19	the	the	DET
arjefm-71	103	20	poor	poor	ADJ
arjefm-71	103	21	.	.	PUNCT
arjefm-71	104	1	without	without	ADP
arjefm-71	104	2	an	an	DET
arjefm-71	104	3	enlarged	enlarged	ADJ
arjefm-71	104	4	pool	pool	NOUN
arjefm-71	104	5	of	of	ADP
arjefm-71	104	6	domestic	domestic	ADJ
arjefm-71	104	7	savings	saving	NOUN
arjefm-71	104	8	,	,	PUNCT
arjefm-71	104	9	it	it	PRON
arjefm-71	104	10	is	be	AUX
arjefm-71	104	11	difficult	difficult	ADJ
arjefm-71	104	12	to	to	PART
arjefm-71	104	13	sustain	sustain	VERB
arjefm-71	104	14	higher	high	ADJ
arjefm-71	104	15	rates	rate	NOUN
arjefm-71	104	16	of	of	ADP
arjefm-71	104	17	domestic	domestic	ADJ
arjefm-71	104	18	investment	investment	NOUN
arjefm-71	104	19	which	which	PRON
arjefm-71	104	20	therefore	therefore	ADV
arjefm-71	104	21	contribute	contribute	VERB
arjefm-71	104	22	to	to	ADP
arjefm-71	104	23	a	a	DET
arjefm-71	104	24	sustainable	sustainable	ADJ
arjefm-71	104	25	economic	economic	ADJ
arjefm-71	104	26	development	development	NOUN
arjefm-71	104	27	unless	unless	SCONJ
arjefm-71	104	28	there	there	PRON
arjefm-71	104	29	is	be	VERB
arjefm-71	104	30	increased	increase	VERB
arjefm-71	104	31	reliance	reliance	NOUN
arjefm-71	104	32	on	on	ADP
arjefm-71	104	33	foreign	foreign	ADJ
arjefm-71	104	34	capital	capital	NOUN
arjefm-71	104	35	.	.	PUNCT
arjefm-71	105	1	conventional	conventional	ADJ
arjefm-71	105	2	development	development	NOUN
arjefm-71	105	3	economists	economist	NOUN
arjefm-71	105	4	have	have	AUX
arjefm-71	105	5	often	often	ADV
arjefm-71	105	6	assumed	assume	VERB
arjefm-71	105	7	that	that	SCONJ
arjefm-71	105	8	the	the	DET
arjefm-71	105	9	most	most	ADV
arjefm-71	105	10	effective	effective	ADJ
arjefm-71	105	11	way	way	NOUN
arjefm-71	105	12	to	to	PART
arjefm-71	105	13	boost	boost	VERB
arjefm-71	105	14	savings	saving	NOUN
arjefm-71	105	15	is	be	AUX
arjefm-71	105	16	to	to	PART
arjefm-71	105	17	channel	channel	VERB
arjefm-71	105	18	income	income	NOUN
arjefm-71	105	19	to	to	ADP
arjefm-71	105	20	those	those	PRON
arjefm-71	105	21	who	who	PRON
arjefm-71	105	22	are	be	AUX
arjefm-71	105	23	relatively	relatively	ADV
arjefm-71	105	24	rich	rich	ADJ
arjefm-71	105	25	,	,	PUNCT
arjefm-71	105	26	since	since	SCONJ
arjefm-71	105	27	they	they	PRON
arjefm-71	105	28	have	have	VERB
arjefm-71	105	29	higher	high	ADJ
arjefm-71	105	30	marginal	marginal	ADJ
arjefm-71	105	31	propensities	propensity	NOUN
arjefm-71	105	32	to	to	PART
arjefm-71	105	33	save	save	VERB
arjefm-71	105	34	than	than	ADP
arjefm-71	105	35	lowincome	lowincome	NOUN
arjefm-71	105	36	groups	group	NOUN
arjefm-71	105	37	.	.	PUNCT
arjefm-71	106	1	but	but	CCONJ
arjefm-71	106	2	the	the	DET
arjefm-71	106	3	savings	saving	NOUN
arjefm-71	106	4	rates	rate	NOUN
arjefm-71	106	5	of	of	ADP
arjefm-71	106	6	the	the	DET
arjefm-71	106	7	poor	poor	ADJ
arjefm-71	106	8	often	often	ADV
arjefm-71	106	9	tend	tend	VERB
arjefm-71	106	10	to	to	PART
arjefm-71	106	11	be	be	AUX
arjefm-71	106	12	higher	high	ADJ
arjefm-71	106	13	than	than	SCONJ
arjefm-71	106	14	is	be	AUX
arjefm-71	106	15	generally	generally	ADV
arjefm-71	106	16	assumed	assume	VERB
arjefm-71	106	17	,	,	PUNCT
arjefm-71	106	18	and	and	CCONJ
arjefm-71	106	19	moreover	moreover	ADV
arjefm-71	106	20	,	,	PUNCT
arjefm-71	106	21	a	a	DET
arjefm-71	106	22	more	more	ADV
arjefm-71	106	23	equal	equal	ADJ
arjefm-71	106	24	distribution	distribution	NOUN
arjefm-71	106	25	of	of	ADP
arjefm-71	106	26	assets	asset	NOUN
arjefm-71	106	27	that	that	PRON
arjefm-71	106	28	provides	provide	VERB
arjefm-71	106	29	the	the	DET
arjefm-71	106	30	poor	poor	ADJ
arjefm-71	106	31	with	with	ADP
arjefm-71	106	32	greater	great	ADJ
arjefm-71	106	33	access	access	NOUN
arjefm-71	106	34	to	to	ADP
arjefm-71	106	35	assets	asset	NOUN
arjefm-71	106	36	can	can	AUX
arjefm-71	106	37	have	have	VERB
arjefm-71	106	38	substantial	substantial	ADJ
arjefm-71	106	39	positive	positive	ADJ
arjefm-71	106	40	effects	effect	NOUN
arjefm-71	106	41	on	on	ADP
arjefm-71	106	42	their	their	PRON
arjefm-71	106	43	savings	saving	NOUN
arjefm-71	106	44	rates	rate	NOUN
arjefm-71	106	45	.	.	PUNCT
arjefm-71	107	1	higher	high	ADJ
arjefm-71	107	2	savings	saving	NOUN
arjefm-71	107	3	rates	rate	NOUN
arjefm-71	107	4	are	be	AUX
arjefm-71	107	5	usually	usually	ADV
arjefm-71	107	6	tied	tie	VERB
arjefm-71	107	7	to	to	ADP
arjefm-71	107	8	greater	great	ADJ
arjefm-71	107	9	investment	investment	NOUN
arjefm-71	107	10	opportunities	opportunity	NOUN
arjefm-71	107	11	,	,	PUNCT
arjefm-71	107	12	and	and	CCONJ
arjefm-71	107	13	such	such	ADJ
arjefm-71	107	14	opportunities	opportunity	NOUN
arjefm-71	107	15	most	most	ADV
arjefm-71	107	16	commonly	commonly	ADV
arjefm-71	107	17	arise	arise	VERB
arjefm-71	107	18	from	from	ADP
arjefm-71	107	19	the	the	DET
arjefm-71	107	20	possession	possession	NOUN
arjefm-71	107	21	of	of	ADP
arjefm-71	107	22	assets	asset	NOUN
arjefm-71	107	23	that	that	PRON
arjefm-71	107	24	can	can	AUX
arjefm-71	107	25	be	be	AUX
arjefm-71	107	26	built	build	VERB
arjefm-71	107	27	up	up	ADP
arjefm-71	107	28	over	over	ADP
arjefm-71	107	29	time	time	NOUN
arjefm-71	107	30	.	.	PUNCT
arjefm-71	108	1	those	those	PRON
arjefm-71	108	2	without	without	ADP
arjefm-71	108	3	assets	asset	NOUN
arjefm-71	108	4	and	and	CCONJ
arjefm-71	108	5	little	little	ADJ
arjefm-71	108	6	prospect	prospect	NOUN
arjefm-71	108	7	of	of	ADP
arjefm-71	108	8	obtaining	obtain	VERB
arjefm-71	108	9	them	they	PRON
arjefm-71	108	10	understandably	understandably	ADV
arjefm-71	108	11	have	have	VERB
arjefm-71	108	12	a	a	DET
arjefm-71	108	13	dampened	dampened	ADJ
arjefm-71	108	14	incentive	incentive	NOUN
arjefm-71	108	15	to	to	PART
arjefm-71	108	16	save	save	VERB
arjefm-71	108	17	.	.	PUNCT
arjefm-71	109	1	high	high	ADJ
arjefm-71	109	2	savings	saving	NOUN
arjefm-71	109	3	in	in	ADP
arjefm-71	109	4	the	the	DET
arjefm-71	109	5	cfa	cfa	PROPN
arjefm-71	109	6	zone	zone	NOUN
arjefm-71	109	7	countries	country	NOUN
arjefm-71	109	8	may	may	AUX
arjefm-71	109	9	be	be	AUX
arjefm-71	109	10	reflected	reflect	VERB
arjefm-71	109	11	in	in	ADP
arjefm-71	109	12	the	the	DET
arjefm-71	109	13	gross	gross	ADJ
arjefm-71	109	14	national	national	ADJ
arjefm-71	109	15	income	income	NOUN
arjefm-71	109	16	good	good	ADJ
arjefm-71	109	17	performance	performance	NOUN
arjefm-71	109	18	as	as	SCONJ
arjefm-71	109	19	illustrated	illustrate	VERB
arjefm-71	109	20	in	in	ADP
arjefm-71	109	21	the	the	DET
arjefm-71	109	22	next	next	ADJ
arjefm-71	109	23	subsection	subsection	NOUN
arjefm-71	109	24	.	.	PUNCT
arjefm-71	110	1	gross	gross	ADJ
arjefm-71	110	2	national	national	ADJ
arjefm-71	110	3	income	income	NOUN
arjefm-71	110	4	per	per	ADP
arjefm-71	110	5	capita	capita	X
arjefm-71	110	6	(	(	PUNCT
arjefm-71	110	7	gni	gni	NOUN
arjefm-71	110	8	)	)	PUNCT
arjefm-71	110	9	figure	figure	NOUN
arjefm-71	110	10	3	3	NUM
arjefm-71	110	11	reveals	reveal	VERB
arjefm-71	110	12	that	that	SCONJ
arjefm-71	110	13	the	the	DET
arjefm-71	110	14	non	non	PROPN
arjefm-71	110	15	cfa	cfa	PROPN
arjefm-71	110	16	zone	zone	NOUN
arjefm-71	110	17	had	have	VERB
arjefm-71	110	18	a	a	DET
arjefm-71	110	19	low	low	ADJ
arjefm-71	110	20	edge	edge	NOUN
arjefm-71	110	21	over	over	ADP
arjefm-71	110	22	cfa	cfa	PROPN
arjefm-71	110	23	zone	zone	NOUN
arjefm-71	110	24	countries	country	NOUN
arjefm-71	110	25	in	in	ADP
arjefm-71	110	26	the	the	DET
arjefm-71	110	27	periods	period	NOUN
arjefm-71	110	28	19601976	19601976	NUM
arjefm-71	110	29	in	in	ADP
arjefm-71	110	30	terms	term	NOUN
arjefm-71	110	31	of	of	ADP
arjefm-71	110	32	gni	gni	NOUN
arjefm-71	110	33	per	per	ADP
arjefm-71	110	34	capita	capita	NOUN
arjefm-71	110	35	.	.	PUNCT
arjefm-71	111	1	by	by	ADP
arjefm-71	111	2	contrast	contrast	NOUN
arjefm-71	111	3	,	,	PUNCT
arjefm-71	111	4	from	from	ADP
arjefm-71	111	5	1978	1978	NUM
arjefm-71	111	6	till	till	SCONJ
arjefm-71	111	7	now	now	ADV
arjefm-71	111	8	,	,	PUNCT
arjefm-71	111	9	gni	gni	PROPN
arjefm-71	111	10	has	have	AUX
arjefm-71	111	11	been	be	AUX
arjefm-71	111	12	higher	high	ADJ
arjefm-71	111	13	in	in	ADP
arjefm-71	111	14	the	the	DET
arjefm-71	111	15	cfa	cfa	PROPN
arjefm-71	111	16	zone	zone	PROPN
arjefm-71	111	17	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	112	1	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	113	1	american	american	PROPN
arjefm-71	113	2	research	research	PROPN
arjefm-71	113	3	journal	journal	PROPN
arjefm-71	113	4	of	of	ADP
arjefm-71	113	5	economics	economic	NOUN
arjefm-71	113	6	,	,	PUNCT
arjefm-71	113	7	finance	finance	NOUN
arjefm-71	113	8	and	and	CCONJ
arjefm-71	113	9	management	management	NOUN
arjefm-71	113	10	volume	volume	NOUN
arjefm-71	113	11	10	10	NUM
arjefm-71	113	12	issue	issue	NOUN
arjefm-71	113	13	4	4	NUM
arjefm-71	113	14	,	,	PUNCT
arjefm-71	113	15	october	october	PROPN
arjefm-71	113	16	-	-	PUNCT
arjefm-71	113	17	december	december	PROPN
arjefm-71	113	18	2022	2022	NUM
arjefm-71	113	19	issn	issn	NOUN
arjefm-71	113	20	:	:	PUNCT
arjefm-71	113	21	2836	2836	NUM
arjefm-71	113	22	-	-	SYM
arjefm-71	113	23	9416	9416	NUM
arjefm-71	113	24	impact	impact	NOUN
arjefm-71	113	25	factor	factor	NOUN
arjefm-71	113	26	:	:	PUNCT
arjefm-71	113	27	4.85	4.85	NUM
arjefm-71	113	28	journal	journal	NOUN
arjefm-71	113	29	homepage	homepage	NOUN
arjefm-71	113	30	:	:	PUNCT
arjefm-71	113	31	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	113	32	,	,	PUNCT
arjefm-71	113	33	email	email	NOUN
arjefm-71	113	34	:	:	PUNCT
arjefm-71	113	35	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	113	36	official	official	ADJ
arjefm-71	113	37	journal	journal	PROPN
arjefm-71	113	38	of	of	ADP
arjefm-71	113	39	america	america	PROPN
arjefm-71	113	40	serial	serial	PROPN
arjefm-71	113	41	publication	publication	NOUN
arjefm-71	113	42	american	american	PROPN
arjefm-71	113	43	research	research	PROPN
arjefm-71	113	44	journal	journal	PROPN
arjefm-71	113	45	of	of	ADP
arjefm-71	113	46	economics	economic	NOUN
arjefm-71	113	47	,	,	PUNCT
arjefm-71	113	48	finance	finance	NOUN
arjefm-71	113	49	and	and	CCONJ
arjefm-71	113	50	management	management	NOUN
arjefm-71	113	51	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	113	52	,	,	PUNCT
arjefm-71	113	53	email	email	NOUN
arjefm-71	113	54	:	:	PUNCT
arjefm-71	113	55	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	113	56	23	23	NUM
arjefm-71	114	1	|	|	ADV
arjefm-71	114	2	p	p	X
arjefm-71	114	3	a	a	DET
arjefm-71	114	4	g	g	NOUN
arjefm-71	114	5	e	e	NOUN
arjefm-71	114	6	countries	country	NOUN
arjefm-71	114	7	than	than	ADP
arjefm-71	114	8	that	that	PRON
arjefm-71	114	9	of	of	ADP
arjefm-71	114	10	the	the	DET
arjefm-71	114	11	non	non	PROPN
arjefm-71	114	12	cfa	cfa	PROPN
arjefm-71	114	13	zone	zone	NOUN
arjefm-71	114	14	countries	country	NOUN
arjefm-71	114	15	.	.	PUNCT
arjefm-71	115	1	low	low	ADJ
arjefm-71	115	2	inflation	inflation	NOUN
arjefm-71	115	3	and	and	CCONJ
arjefm-71	115	4	high	high	ADJ
arjefm-71	115	5	domestic	domestic	ADJ
arjefm-71	115	6	savings	saving	NOUN
arjefm-71	115	7	may	may	AUX
arjefm-71	115	8	have	have	AUX
arjefm-71	115	9	contributed	contribute	VERB
arjefm-71	115	10	to	to	ADP
arjefm-71	115	11	this	this	DET
arjefm-71	115	12	outstanding	outstanding	ADJ
arjefm-71	115	13	cfa	cfa	PROPN
arjefm-71	115	14	zone	zone	NOUN
arjefm-71	115	15	performance	performance	NOUN
arjefm-71	115	16	.	.	PUNCT
arjefm-71	116	1	it	it	PRON
arjefm-71	116	2	is	be	AUX
arjefm-71	116	3	widely	widely	ADV
arjefm-71	116	4	held	hold	VERB
arjefm-71	116	5	that	that	SCONJ
arjefm-71	116	6	a	a	DET
arjefm-71	116	7	high	high	ADJ
arjefm-71	116	8	gni	gni	NOUN
arjefm-71	116	9	per	per	ADP
arjefm-71	116	10	capita	capita	NOUN
arjefm-71	116	11	is	be	AUX
arjefm-71	116	12	a	a	DET
arjefm-71	116	13	strong	strong	ADJ
arjefm-71	116	14	representation	representation	NOUN
arjefm-71	116	15	of	of	ADP
arjefm-71	116	16	the	the	DET
arjefm-71	116	17	country	country	NOUN
arjefm-71	116	18	’s	’s	PART
arjefm-71	116	19	ability	ability	NOUN
arjefm-71	116	20	to	to	PART
arjefm-71	116	21	curb	curb	VERB
arjefm-71	116	22	poverty	poverty	NOUN
arjefm-71	116	23	(	(	PUNCT
arjefm-71	116	24	ceteris	ceteris	NOUN
arjefm-71	116	25	paribus	paribus	NOUN
arjefm-71	116	26	)	)	PUNCT
arjefm-71	116	27	.	.	PUNCT
arjefm-71	117	1	dollar	dollar	NOUN
arjefm-71	117	2	and	and	CCONJ
arjefm-71	117	3	kraay	kraay	PROPN
arjefm-71	117	4	(	(	PUNCT
arjefm-71	117	5	2002	2002	NUM
arjefm-71	117	6	)	)	PUNCT
arjefm-71	117	7	have	have	AUX
arjefm-71	117	8	recently	recently	ADV
arjefm-71	117	9	defended	defend	VERB
arjefm-71	117	10	the	the	DET
arjefm-71	117	11	view	view	NOUN
arjefm-71	117	12	that	that	SCONJ
arjefm-71	117	13	growth	growth	NOUN
arjefm-71	117	14	is	be	AUX
arjefm-71	117	15	highly	highly	ADV
arjefm-71	117	16	beneficial	beneficial	ADJ
arjefm-71	117	17	to	to	ADP
arjefm-71	117	18	poverty	poverty	NOUN
arjefm-71	117	19	reduction	reduction	NOUN
arjefm-71	117	20	.	.	PUNCT
arjefm-71	118	1	however	however	ADV
arjefm-71	118	2	,	,	PUNCT
arjefm-71	118	3	killick	killick	NOUN
arjefm-71	118	4	and	and	CCONJ
arjefm-71	118	5	white	white	ADJ
arjefm-71	118	6	(	(	PUNCT
arjefm-71	118	7	1999	1999	NUM
arjefm-71	118	8	)	)	PUNCT
arjefm-71	118	9	have	have	AUX
arjefm-71	118	10	argued	argue	VERB
arjefm-71	118	11	that	that	SCONJ
arjefm-71	118	12	growth	growth	NOUN
arjefm-71	118	13	alone	alone	ADV
arjefm-71	118	14	will	will	AUX
arjefm-71	118	15	not	not	PART
arjefm-71	118	16	be	be	AUX
arjefm-71	118	17	sufficient	sufficient	ADJ
arjefm-71	118	18	to	to	PART
arjefm-71	118	19	reduce	reduce	VERB
arjefm-71	118	20	poverty	poverty	NOUN
arjefm-71	118	21	,	,	PUNCT
arjefm-71	118	22	particularly	particularly	ADV
arjefm-71	118	23	in	in	ADP
arjefm-71	118	24	africa	africa	PROPN
arjefm-71	118	25	,	,	PUNCT
arjefm-71	118	26	while	while	SCONJ
arjefm-71	118	27	white	white	ADJ
arjefm-71	118	28	and	and	CCONJ
arjefm-71	118	29	anderson	anderson	PROPN
arjefm-71	118	30	(	(	PUNCT
arjefm-71	118	31	2000	2000	NUM
arjefm-71	118	32	)	)	PUNCT
arjefm-71	118	33	have	have	AUX
arjefm-71	118	34	suggested	suggest	VERB
arjefm-71	118	35	that	that	SCONJ
arjefm-71	118	36	a	a	DET
arjefm-71	118	37	strategy	strategy	NOUN
arjefm-71	118	38	that	that	PRON
arjefm-71	118	39	combines	combine	VERB
arjefm-71	118	40	growth	growth	NOUN
arjefm-71	118	41	and	and	CCONJ
arjefm-71	118	42	a	a	DET
arjefm-71	118	43	better	well	ADJ
arjefm-71	118	44	income	income	NOUN
arjefm-71	118	45	distribution	distribution	NOUN
arjefm-71	118	46	can	can	AUX
arjefm-71	118	47	have	have	VERB
arjefm-71	118	48	a	a	DET
arjefm-71	118	49	better	well	ADJ
arjefm-71	118	50	result	result	NOUN
arjefm-71	118	51	in	in	ADP
arjefm-71	118	52	terms	term	NOUN
arjefm-71	118	53	of	of	ADP
arjefm-71	118	54	poverty	poverty	NOUN
arjefm-71	118	55	reduction	reduction	NOUN
arjefm-71	118	56	.	.	PUNCT
arjefm-71	119	1	indeed	indeed	ADV
arjefm-71	119	2	,	,	PUNCT
arjefm-71	119	3	the	the	DET
arjefm-71	119	4	next	next	ADJ
arjefm-71	119	5	subsection	subsection	NOUN
arjefm-71	119	6	provides	provide	VERB
arjefm-71	119	7	evidence	evidence	NOUN
arjefm-71	119	8	of	of	ADP
arjefm-71	119	9	a	a	DET
arjefm-71	119	10	better	well	ADJ
arjefm-71	119	11	performance	performance	NOUN
arjefm-71	119	12	of	of	ADP
arjefm-71	119	13	income	income	NOUN
arjefm-71	119	14	distributed	distribute	VERB
arjefm-71	119	15	in	in	ADP
arjefm-71	119	16	the	the	DET
arjefm-71	119	17	cfa	cfa	PROPN
arjefm-71	119	18	zone	zone	NOUN
arjefm-71	119	19	countries	country	NOUN
arjefm-71	119	20	than	than	ADP
arjefm-71	119	21	that	that	PRON
arjefm-71	119	22	of	of	ADP
arjefm-71	119	23	the	the	DET
arjefm-71	119	24	non	non	PROPN
arjefm-71	119	25	cfa	cfa	PROPN
arjefm-71	119	26	zone	zone	NOUN
arjefm-71	119	27	.	.	PUNCT
arjefm-71	120	1	2.2	2.2	NUM
arjefm-71	120	2	share	share	NOUN
arjefm-71	120	3	of	of	ADP
arjefm-71	120	4	income	income	NOUN
arjefm-71	120	5	and	and	CCONJ
arjefm-71	120	6	poverty	poverty	NOUN
arjefm-71	120	7	poverty	poverty	NOUN
arjefm-71	120	8	is	be	AUX
arjefm-71	120	9	associated	associate	VERB
arjefm-71	120	10	with	with	ADP
arjefm-71	120	11	the	the	DET
arjefm-71	120	12	distribution	distribution	NOUN
arjefm-71	120	13	of	of	ADP
arjefm-71	120	14	income	income	NOUN
arjefm-71	120	15	.	.	PUNCT
arjefm-71	121	1	thus	thus	ADV
arjefm-71	121	2	,	,	PUNCT
arjefm-71	121	3	when	when	SCONJ
arjefm-71	121	4	considering	consider	VERB
arjefm-71	121	5	poverty	poverty	NOUN
arjefm-71	121	6	among	among	ADP
arjefm-71	121	7	households	household	NOUN
arjefm-71	121	8	,	,	PUNCT
arjefm-71	121	9	it	it	PRON
arjefm-71	121	10	is	be	AUX
arjefm-71	121	11	necessary	necessary	ADJ
arjefm-71	121	12	to	to	PART
arjefm-71	121	13	put	put	VERB
arjefm-71	121	14	this	this	PRON
arjefm-71	121	15	in	in	ADP
arjefm-71	121	16	the	the	DET
arjefm-71	121	17	more	more	ADV
arjefm-71	121	18	general	general	ADJ
arjefm-71	121	19	context	context	NOUN
arjefm-71	121	20	of	of	ADP
arjefm-71	121	21	the	the	DET
arjefm-71	121	22	spread	spread	NOUN
arjefm-71	121	23	of	of	ADP
arjefm-71	121	24	incomes	income	NOUN
arjefm-71	121	25	.	.	PUNCT
arjefm-71	122	1	before	before	ADP
arjefm-71	122	2	dealing	deal	VERB
arjefm-71	122	3	with	with	ADP
arjefm-71	122	4	the	the	DET
arjefm-71	122	5	distribution	distribution	NOUN
arjefm-71	122	6	of	of	ADP
arjefm-71	122	7	incomes	income	NOUN
arjefm-71	122	8	,	,	PUNCT
arjefm-71	122	9	it	it	PRON
arjefm-71	122	10	is	be	AUX
arjefm-71	122	11	first	first	ADV
arjefm-71	122	12	necessary	necessary	ADJ
arjefm-71	122	13	to	to	PART
arjefm-71	122	14	set	set	VERB
arjefm-71	122	15	out	out	ADP
arjefm-71	122	16	the	the	DET
arjefm-71	122	17	basis	basis	NOUN
arjefm-71	122	18	on	on	ADP
arjefm-71	122	19	which	which	PRON
arjefm-71	122	20	poverty	poverty	NOUN
arjefm-71	122	21	lines	line	NOUN
arjefm-71	122	22	might	might	AUX
arjefm-71	122	23	be	be	AUX
arjefm-71	122	24	established	establish	VERB
arjefm-71	122	25	.	.	PUNCT
arjefm-71	123	1	poverty	poverty	NOUN
arjefm-71	123	2	line	line	NOUN
arjefm-71	123	3	for	for	ADP
arjefm-71	123	4	the	the	DET
arjefm-71	123	5	purpose	purpose	NOUN
arjefm-71	123	6	of	of	ADP
arjefm-71	123	7	comparing	compare	VERB
arjefm-71	123	8	the	the	DET
arjefm-71	123	9	share	share	NOUN
arjefm-71	123	10	of	of	ADP
arjefm-71	123	11	income	income	NOUN
arjefm-71	123	12	between	between	ADP
arjefm-71	123	13	cfa	cfa	PROPN
arjefm-71	123	14	zone	zone	NOUN
arjefm-71	123	15	countries	country	NOUN
arjefm-71	123	16	and	and	CCONJ
arjefm-71	123	17	their	their	PRON
arjefm-71	123	18	non	non	ADJ
arjefm-71	123	19	cfa	cfa	PROPN
arjefm-71	123	20	zone	zone	PROPN
arjefm-71	123	21	counterparts	counterpart	NOUN
arjefm-71	123	22	,	,	PUNCT
arjefm-71	123	23	we	we	PRON
arjefm-71	123	24	set	set	VERB
arjefm-71	123	25	as	as	ADP
arjefm-71	123	26	indicator	indicator	NOUN
arjefm-71	123	27	of	of	ADP
arjefm-71	123	28	monetary	monetary	ADJ
arjefm-71	123	29	poverty	poverty	NOUN
arjefm-71	123	30	,	,	PUNCT
arjefm-71	123	31	the	the	DET
arjefm-71	123	32	national	national	ADJ
arjefm-71	123	33	per	per	X
arjefm-71	123	34	capita	capita	X
arjefm-71	123	35	income	income	NOUN
arjefm-71	123	36	of	of	ADP
arjefm-71	123	37	the	the	DET
arjefm-71	123	38	poorest	poor	ADJ
arjefm-71	123	39	20	20	NUM
arjefm-71	123	40	%	%	NOUN
arjefm-71	123	41	of	of	ADP
arjefm-71	123	42	the	the	DET
arjefm-71	123	43	population	population	NOUN
arjefm-71	123	44	as	as	SCONJ
arjefm-71	123	45	calculated	calculate	VERB
arjefm-71	123	46	by	by	ADP
arjefm-71	123	47	dollar	dollar	NOUN
arjefm-71	123	48	and	and	CCONJ
arjefm-71	123	49	kraay	kraay	ADJ
arjefm-71	123	50	(	(	PUNCT
arjefm-71	123	51	2002	2002	NUM
arjefm-71	123	52	)	)	PUNCT
arjefm-71	123	53	.	.	PUNCT
arjefm-71	124	1	according	accord	VERB
arjefm-71	124	2	to	to	ADP
arjefm-71	124	3	our	our	PRON
arjefm-71	124	4	criterion	criterion	NOUN
arjefm-71	124	5	,	,	PUNCT
arjefm-71	124	6	figure	figure	NOUN
arjefm-71	124	7	1	1	NUM
arjefm-71	124	8	shows	show	VERB
arjefm-71	124	9	that	that	SCONJ
arjefm-71	124	10	cfa	cfa	PROPN
arjefm-71	124	11	zone	zone	NOUN
arjefm-71	124	12	countries	country	NOUN
arjefm-71	124	13	have	have	AUX
arjefm-71	124	14	performed	perform	VERB
arjefm-71	124	15	better	well	ADV
arjefm-71	124	16	than	than	ADP
arjefm-71	124	17	their	their	PRON
arjefm-71	124	18	non	non	ADJ
arjefm-71	124	19	cfa	cfa	PROPN
arjefm-71	124	20	zone	zone	NOUN
arjefm-71	124	21	counterparts	counterpart	NOUN
arjefm-71	124	22	in	in	ADP
arjefm-71	124	23	terms	term	NOUN
arjefm-71	124	24	of	of	ADP
arjefm-71	124	25	the	the	DET
arjefm-71	124	26	poverty	poverty	NOUN
arjefm-71	124	27	reduction	reduction	NOUN
arjefm-71	124	28	line	line	NOUN
arjefm-71	124	29	since	since	SCONJ
arjefm-71	124	30	the	the	DET
arjefm-71	124	31	1970s	1970	NOUN
arjefm-71	124	32	till	till	SCONJ
arjefm-71	124	33	now	now	ADV
arjefm-71	124	34	.	.	PUNCT
arjefm-71	125	1	low	low	ADJ
arjefm-71	125	2	inflation	inflation	NOUN
arjefm-71	125	3	,	,	PUNCT
arjefm-71	125	4	higher	high	ADJ
arjefm-71	125	5	gross	gross	ADJ
arjefm-71	125	6	domestic	domestic	ADJ
arjefm-71	125	7	savings	saving	NOUN
arjefm-71	125	8	and	and	CCONJ
arjefm-71	125	9	higher	high	ADJ
arjefm-71	125	10	gni	gni	NOUN
arjefm-71	125	11	outlined	outline	VERB
arjefm-71	125	12	earlier	early	ADV
arjefm-71	125	13	may	may	AUX
arjefm-71	125	14	have	have	AUX
arjefm-71	125	15	contributed	contribute	VERB
arjefm-71	125	16	to	to	ADP
arjefm-71	125	17	the	the	DET
arjefm-71	125	18	poverty	poverty	NOUN
arjefm-71	125	19	line	line	NOUN
arjefm-71	125	20	performance	performance	NOUN
arjefm-71	125	21	in	in	ADP
arjefm-71	125	22	the	the	DET
arjefm-71	125	23	cfa	cfa	PROPN
arjefm-71	125	24	zone	zone	NOUN
arjefm-71	125	25	.	.	PUNCT
arjefm-71	126	1	mailto:contact@americaserial.com	mailto:contact@americaserial.com	X
arjefm-71	126	2	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	127	1	american	american	PROPN
arjefm-71	127	2	research	research	PROPN
arjefm-71	127	3	journal	journal	PROPN
arjefm-71	127	4	of	of	ADP
arjefm-71	127	5	economics	economic	NOUN
arjefm-71	127	6	,	,	PUNCT
arjefm-71	127	7	finance	finance	NOUN
arjefm-71	127	8	and	and	CCONJ
arjefm-71	127	9	management	management	NOUN
arjefm-71	127	10	volume	volume	NOUN
arjefm-71	127	11	10	10	NUM
arjefm-71	127	12	issue	issue	NOUN
arjefm-71	127	13	4	4	NUM
arjefm-71	127	14	,	,	PUNCT
arjefm-71	127	15	october	october	PROPN
arjefm-71	127	16	-	-	PUNCT
arjefm-71	127	17	december	december	PROPN
arjefm-71	127	18	2022	2022	NUM
arjefm-71	127	19	issn	issn	NOUN
arjefm-71	127	20	:	:	PUNCT
arjefm-71	127	21	2836	2836	NUM
arjefm-71	127	22	-	-	SYM
arjefm-71	127	23	9416	9416	NUM
arjefm-71	127	24	impact	impact	NOUN
arjefm-71	127	25	factor	factor	NOUN
arjefm-71	127	26	:	:	PUNCT
arjefm-71	127	27	4.85	4.85	NUM
arjefm-71	127	28	journal	journal	NOUN
arjefm-71	127	29	homepage	homepage	NOUN
arjefm-71	127	30	:	:	PUNCT
arjefm-71	127	31	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	127	32	,	,	PUNCT
arjefm-71	127	33	email	email	NOUN
arjefm-71	127	34	:	:	PUNCT
arjefm-71	127	35	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	127	36	official	official	ADJ
arjefm-71	127	37	journal	journal	PROPN
arjefm-71	127	38	of	of	ADP
arjefm-71	127	39	america	america	PROPN
arjefm-71	127	40	serial	serial	PROPN
arjefm-71	127	41	publication	publication	NOUN
arjefm-71	127	42	american	american	PROPN
arjefm-71	127	43	research	research	PROPN
arjefm-71	127	44	journal	journal	PROPN
arjefm-71	127	45	of	of	ADP
arjefm-71	127	46	economics	economic	NOUN
arjefm-71	127	47	,	,	PUNCT
arjefm-71	127	48	finance	finance	NOUN
arjefm-71	127	49	and	and	CCONJ
arjefm-71	127	50	management	management	NOUN
arjefm-71	127	51	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	127	52	,	,	PUNCT
arjefm-71	127	53	email	email	NOUN
arjefm-71	127	54	:	:	PUNCT
arjefm-71	127	55	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	128	1	24	24	NUM
arjefm-71	129	1	|	|	ADV
arjefm-71	129	2	p	p	X
arjefm-71	129	3	a	a	DET
arjefm-71	129	4	g	g	NOUN
arjefm-71	129	5	e	e	NOUN
arjefm-71	129	6	poverty	poverty	NOUN
arjefm-71	129	7	headcount	headcount	VERB
arjefm-71	129	8	the	the	DET
arjefm-71	129	9	world	world	PROPN
arjefm-71	129	10	bank	bank	PROPN
arjefm-71	129	11	,	,	PUNCT
arjefm-71	129	12	being	be	AUX
arjefm-71	129	13	the	the	DET
arjefm-71	129	14	sole	sole	ADJ
arjefm-71	129	15	producer	producer	NOUN
arjefm-71	129	16	of	of	ADP
arjefm-71	129	17	the	the	DET
arjefm-71	129	18	world	world	NOUN
arjefm-71	129	19	poverty	poverty	NOUN
arjefm-71	129	20	headcount	headcount	NOUN
arjefm-71	129	21	,	,	PUNCT
arjefm-71	129	22	observed	observe	VERB
arjefm-71	129	23	that	that	SCONJ
arjefm-71	129	24	out	out	ADP
arjefm-71	129	25	of	of	ADP
arjefm-71	129	26	6	6	NUM
arjefm-71	129	27	billion	billion	NUM
arjefm-71	129	28	people	people	NOUN
arjefm-71	129	29	1.2	1.2	NUM
arjefm-71	129	30	billion	billion	NUM
arjefm-71	129	31	live	live	ADV
arjefm-71	129	32	on	on	ADP
arjefm-71	129	33	less	less	ADJ
arjefm-71	129	34	than	than	ADP
arjefm-71	129	35	$	$	SYM
arjefm-71	129	36	1	1	NUM
arjefm-71	129	37	a	a	DET
arjefm-71	129	38	day	day	NOUN
arjefm-71	129	39	.	.	PUNCT
arjefm-71	130	1	on	on	ADP
arjefm-71	130	2	the	the	DET
arjefm-71	130	3	basis	basis	NOUN
arjefm-71	130	4	of	of	ADP
arjefm-71	130	5	the	the	DET
arjefm-71	130	6	world	world	PROPN
arjefm-71	130	7	bank	bank	PROPN
arjefm-71	130	8	headcount	headcount	NOUN
arjefm-71	130	9	,	,	PUNCT
arjefm-71	130	10	table	table	NOUN
arjefm-71	130	11	1	1	NUM
arjefm-71	130	12	indicates	indicate	VERB
arjefm-71	130	13	that	that	SCONJ
arjefm-71	130	14	the	the	DET
arjefm-71	130	15	number	number	NOUN
arjefm-71	130	16	of	of	ADP
arjefm-71	130	17	people	people	NOUN
arjefm-71	130	18	living	live	VERB
arjefm-71	130	19	on	on	ADP
arjefm-71	130	20	less	less	ADJ
arjefm-71	130	21	than	than	ADP
arjefm-71	130	22	$	$	SYM
arjefm-71	130	23	1	1	NUM
arjefm-71	130	24	a	a	DET
arjefm-71	130	25	day	day	NOUN
arjefm-71	130	26	is	be	AUX
arjefm-71	130	27	lower	low	ADJ
arjefm-71	130	28	in	in	ADP
arjefm-71	130	29	the	the	DET
arjefm-71	130	30	cfa	cfa	PROPN
arjefm-71	130	31	zone	zone	NOUN
arjefm-71	130	32	countries	country	NOUN
arjefm-71	130	33	than	than	ADP
arjefm-71	130	34	in	in	ADP
arjefm-71	130	35	non	non	ADJ
arjefm-71	130	36	cfa	cfa	PROPN
arjefm-71	130	37	zone	zone	PROPN
arjefm-71	130	38	subsaharan	subsaharan	ADJ
arjefm-71	130	39	african	african	ADJ
arjefm-71	130	40	countries	country	NOUN
arjefm-71	130	41	.	.	PUNCT
arjefm-71	131	1	the	the	DET
arjefm-71	131	2	cfa	cfa	PROPN
arjefm-71	131	3	zone	zone	PROPN
arjefm-71	131	4	states	state	NOUN
arjefm-71	131	5	account	account	VERB
arjefm-71	131	6	for	for	ADP
arjefm-71	131	7	31	31	NUM
arjefm-71	131	8	%	%	NOUN
arjefm-71	131	9	of	of	ADP
arjefm-71	131	10	their	their	PRON
arjefm-71	131	11	total	total	ADJ
arjefm-71	131	12	population	population	NOUN
arjefm-71	131	13	,	,	PUNCT
arjefm-71	131	14	compared	compare	VERB
arjefm-71	131	15	to	to	ADP
arjefm-71	131	16	49	49	NUM
arjefm-71	131	17	%	%	NOUN
arjefm-71	131	18	for	for	ADP
arjefm-71	131	19	the	the	DET
arjefm-71	131	20	non	non	PROPN
arjefm-71	131	21	cfa	cfa	PROPN
arjefm-71	131	22	states	state	NOUN
arjefm-71	131	23	.	.	PUNCT
arjefm-71	132	1	in	in	ADP
arjefm-71	132	2	the	the	DET
arjefm-71	132	3	cfa	cfa	PROPN
arjefm-71	132	4	states	state	VERB
arjefm-71	132	5	the	the	DET
arjefm-71	132	6	lowest	low	ADJ
arjefm-71	132	7	poverty	poverty	NOUN
arjefm-71	132	8	headcount	headcount	NOUN
arjefm-71	132	9	is	be	AUX
arjefm-71	132	10	found	find	VERB
arjefm-71	132	11	in	in	ADP
arjefm-71	132	12	cote	cote	PROPN
arjefm-71	132	13	d’ivoire	d’ivoire	NOUN
arjefm-71	132	14	with	with	ADP
arjefm-71	132	15	16	16	NUM
arjefm-71	132	16	%	%	NOUN
arjefm-71	132	17	followed	follow	VERB
arjefm-71	132	18	by	by	ADP
arjefm-71	132	19	cameroon	cameroon	NOUN
arjefm-71	132	20	and	and	CCONJ
arjefm-71	132	21	senegal	senegal	ADJ
arjefm-71	132	22	with	with	ADP
arjefm-71	132	23	17	17	NUM
arjefm-71	132	24	%	%	NOUN
arjefm-71	132	25	each	each	PRON
arjefm-71	132	26	.	.	PUNCT
arjefm-71	133	1	central	central	PROPN
arjefm-71	133	2	africa	africa	PROPN
arjefm-71	133	3	and	and	CCONJ
arjefm-71	133	4	niger	niger	PROPN
arjefm-71	133	5	account	account	NOUN
arjefm-71	133	6	for	for	ADP
arjefm-71	133	7	the	the	DET
arjefm-71	133	8	highest	high	ADJ
arjefm-71	133	9	poverty	poverty	NOUN
arjefm-71	133	10	headcount	headcount	NOUN
arjefm-71	133	11	in	in	ADP
arjefm-71	133	12	the	the	DET
arjefm-71	133	13	cfa	cfa	PROPN
arjefm-71	133	14	zone	zone	NOUN
arjefm-71	133	15	respectively	respectively	ADV
arjefm-71	133	16	for	for	ADP
arjefm-71	133	17	67	67	NUM
arjefm-71	133	18	%	%	NOUN
arjefm-71	133	19	and	and	CCONJ
arjefm-71	133	20	41	41	NUM
arjefm-71	133	21	%	%	NOUN
arjefm-71	133	22	.	.	PUNCT
arjefm-71	134	1	table	table	NOUN
arjefm-71	134	2	1	1	NUM
arjefm-71	134	3	also	also	ADV
arjefm-71	134	4	shows	show	VERB
arjefm-71	134	5	that	that	SCONJ
arjefm-71	134	6	the	the	DET
arjefm-71	134	7	lowest	low	ADJ
arjefm-71	134	8	poverty	poverty	NOUN
arjefm-71	134	9	headcount	headcount	NOUN
arjefm-71	134	10	in	in	ADP
arjefm-71	134	11	non	non	ADJ
arjefm-71	134	12	cfa	cfa	PROPN
arjefm-71	134	13	zone	zone	NOUN
arjefm-71	134	14	is	be	AUX
arjefm-71	134	15	found	find	VERB
arjefm-71	134	16	in	in	ADP
arjefm-71	134	17	the	the	DET
arjefm-71	134	18	gambia	gambia	NOUN
arjefm-71	134	19	with	with	ADP
arjefm-71	134	20	27	27	NUM
arjefm-71	134	21	%	%	NOUN
arjefm-71	134	22	followed	follow	VERB
arjefm-71	134	23	by	by	ADP
arjefm-71	134	24	ghana	ghana	PROPN
arjefm-71	134	25	with	with	ADP
arjefm-71	134	26	41	41	NUM
arjefm-71	134	27	%	%	NOUN
arjefm-71	134	28	while	while	SCONJ
arjefm-71	134	29	nigeria	nigeria	PROPN
arjefm-71	134	30	and	and	CCONJ
arjefm-71	134	31	sierra	sierra	PROPN
arjefm-71	134	32	leon	leon	PROPN
arjefm-71	134	33	account	account	PROPN
arjefm-71	134	34	for	for	ADP
arjefm-71	134	35	the	the	DET
arjefm-71	134	36	highest	high	ADJ
arjefm-71	134	37	poverty	poverty	NOUN
arjefm-71	134	38	headcount	headcount	NOUN
arjefm-71	134	39	respectively	respectively	ADV
arjefm-71	134	40	with	with	ADP
arjefm-71	134	41	71	71	NUM
arjefm-71	134	42	%	%	NOUN
arjefm-71	134	43	and	and	CCONJ
arjefm-71	134	44	57	57	NUM
arjefm-71	134	45	%	%	NOUN
arjefm-71	134	46	.	.	PUNCT
arjefm-71	135	1	the	the	DET
arjefm-71	135	2	gini	gini	PROPN
arjefm-71	135	3	coefficient	coefficient	PROPN
arjefm-71	135	4	poverty	poverty	NOUN
arjefm-71	135	5	measures	measure	NOUN
arjefm-71	135	6	depend	depend	VERB
arjefm-71	135	7	on	on	ADP
arjefm-71	135	8	the	the	DET
arjefm-71	135	9	average	average	ADJ
arjefm-71	135	10	level	level	NOUN
arjefm-71	135	11	of	of	ADP
arjefm-71	135	12	income	income	NOUN
arjefm-71	135	13	in	in	ADP
arjefm-71	135	14	a	a	DET
arjefm-71	135	15	country	country	NOUN
arjefm-71	135	16	and	and	CCONJ
arjefm-71	135	17	the	the	DET
arjefm-71	135	18	distribution	distribution	NOUN
arjefm-71	135	19	of	of	ADP
arjefm-71	135	20	income	income	NOUN
arjefm-71	135	21	.	.	PUNCT
arjefm-71	136	1	based	base	VERB
arjefm-71	136	2	on	on	ADP
arjefm-71	136	3	these	these	DET
arjefm-71	136	4	two	two	NUM
arjefm-71	136	5	elements	element	NOUN
arjefm-71	136	6	,	,	PUNCT
arjefm-71	136	7	poverty	poverty	NOUN
arjefm-71	136	8	measures	measure	NOUN
arjefm-71	136	9	therefore	therefore	ADV
arjefm-71	136	10	focus	focus	VERB
arjefm-71	136	11	on	on	ADP
arjefm-71	136	12	the	the	DET
arjefm-71	136	13	situation	situation	NOUN
arjefm-71	136	14	of	of	ADP
arjefm-71	136	15	those	those	DET
arjefm-71	136	16	individuals	individual	NOUN
arjefm-71	136	17	or	or	CCONJ
arjefm-71	136	18	households	household	NOUN
arjefm-71	136	19	at	at	ADP
arjefm-71	136	20	the	the	DET
arjefm-71	136	21	bottom	bottom	NOUN
arjefm-71	136	22	of	of	ADP
arjefm-71	136	23	the	the	DET
arjefm-71	136	24	distribution	distribution	NOUN
arjefm-71	136	25	.	.	PUNCT
arjefm-71	137	1	inequality	inequality	NOUN
arjefm-71	137	2	is	be	AUX
arjefm-71	137	3	a	a	DET
arjefm-71	137	4	broader	broad	ADJ
arjefm-71	137	5	concept	concept	NOUN
arjefm-71	137	6	than	than	ADP
arjefm-71	137	7	poverty	poverty	NOUN
arjefm-71	137	8	in	in	SCONJ
arjefm-71	137	9	that	that	SCONJ
arjefm-71	137	10	it	it	PRON
arjefm-71	137	11	is	be	AUX
arjefm-71	137	12	defined	define	VERB
arjefm-71	137	13	over	over	ADP
arjefm-71	137	14	the	the	DET
arjefm-71	137	15	entire	entire	ADJ
arjefm-71	137	16	population	population	NOUN
arjefm-71	137	17	,	,	PUNCT
arjefm-71	137	18	not	not	PART
arjefm-71	137	19	only	only	ADV
arjefm-71	137	20	below	below	ADP
arjefm-71	137	21	a	a	DET
arjefm-71	137	22	certain	certain	ADJ
arjefm-71	137	23	poverty	poverty	NOUN
arjefm-71	137	24	line	line	NOUN
arjefm-71	137	25	.	.	PUNCT
arjefm-71	138	1	the	the	DET
arjefm-71	138	2	inequality	inequality	NOUN
arjefm-71	138	3	measure	measure	NOUN
arjefm-71	138	4	utilised	utilise	VERB
arjefm-71	138	5	in	in	ADP
arjefm-71	138	6	this	this	DET
arjefm-71	138	7	paper	paper	NOUN
arjefm-71	138	8	is	be	AUX
arjefm-71	138	9	the	the	DET
arjefm-71	138	10	gini	gini	PROPN
arjefm-71	138	11	coefficient	coefficient	NOUN
arjefm-71	138	12	of	of	ADP
arjefm-71	138	13	inequality	inequality	NOUN
arjefm-71	138	14	.	.	PUNCT
arjefm-71	139	1	the	the	DET
arjefm-71	139	2	‘	'	PUNCT
arjefm-71	139	3	gini	gini	NOUN
arjefm-71	139	4	’	'	PUNCT
arjefm-71	139	5	is	be	AUX
arjefm-71	139	6	based	base	VERB
arjefm-71	139	7	on	on	ADP
arjefm-71	139	8	the	the	DET
arjefm-71	139	9	income	income	NOUN
arjefm-71	139	10	levels	level	NOUN
arjefm-71	139	11	of	of	ADP
arjefm-71	139	12	individuals	individual	NOUN
arjefm-71	139	13	.	.	PUNCT
arjefm-71	140	1	assume	assume	VERB
arjefm-71	140	2	there	there	PRON
arjefm-71	140	3	are	be	VERB
arjefm-71	140	4	‘	'	PUNCT
arjefm-71	140	5	m	m	NOUN
arjefm-71	140	6	’	'	PUNCT
arjefm-71	140	7	distinct	distinct	ADJ
arjefm-71	140	8	income	income	NOUN
arjefm-71	140	9	groups	group	NOUN
arjefm-71	140	10	,	,	PUNCT
arjefm-71	140	11	each	each	DET
arjefm-71	140	12	income	income	NOUN
arjefm-71	140	13	group	group	NOUN
arjefm-71	140	14	is	be	AUX
arjefm-71	140	15	denoted	denote	VERB
arjefm-71	140	16	by	by	ADP
arjefm-71	140	17	‘	'	PUNCT
arjefm-71	140	18	j	j	NOUN
arjefm-71	140	19	’	'	PUNCT
arjefm-71	140	20	but	but	CCONJ
arjefm-71	140	21	there	there	PRON
arjefm-71	140	22	are	be	VERB
arjefm-71	140	23	‘	'	PUNCT
arjefm-71	140	24	m	m	NOUN
arjefm-71	140	25	’	'	PUNCT
arjefm-71	140	26	such	such	ADJ
arjefm-71	140	27	groups	group	NOUN
arjefm-71	140	28	.	.	PUNCT
arjefm-71	141	1	within	within	ADP
arjefm-71	141	2	each	each	DET
arjefm-71	141	3	income	income	NOUN
arjefm-71	141	4	group	group	NOUN
arjefm-71	141	5	‘	'	PUNCT
arjefm-71	141	6	j	j	NOUN
arjefm-71	141	7	’	'	PUNCT
arjefm-71	141	8	there	there	PRON
arjefm-71	141	9	is	be	VERB
arjefm-71	141	10	a	a	DET
arjefm-71	141	11	number	number	NOUN
arjefm-71	141	12	of	of	ADP
arjefm-71	141	13	individuals	individual	NOUN
arjefm-71	141	14	earning	earn	VERB
arjefm-71	141	15	that	that	DET
arjefm-71	141	16	income	income	NOUN
arjefm-71	141	17	level	level	NOUN
arjefm-71	141	18	.	.	PUNCT
arjefm-71	142	1	the	the	DET
arjefm-71	142	2	total	total	ADJ
arjefm-71	142	3	number	number	NOUN
arjefm-71	142	4	of	of	ADP
arjefm-71	142	5	people	people	NOUN
arjefm-71	142	6	‘	'	PUNCT
arjefm-71	142	7	n	n	CCONJ
arjefm-71	142	8	’	'	PUNCT
arjefm-71	142	9	is	be	AUX
arjefm-71	142	10	equal	equal	ADJ
arjefm-71	142	11	to	to	ADP
arjefm-71	142	12	m	m	PROPN
arjefm-71	142	13	n	n	ADV
arjefm-71	142	14	j	j	PROPN
arjefm-71	142	15	(	(	PUNCT
arjefm-71	142	16	1	1	NUM
arjefm-71	142	17	)	)	PUNCT
arjefm-71	142	18	j	j	NOUN
arjefm-71	142	19	1	1	NUM
arjefm-71	142	20	the	the	DET
arjefm-71	142	21	average	average	ADJ
arjefm-71	142	22	/	/	SYM
arjefm-71	142	23	mean	mean	NOUN
arjefm-71	142	24	of	of	ADP
arjefm-71	142	25	any	any	DET
arjefm-71	142	26	income	income	NOUN
arjefm-71	142	27	(	(	PUNCT
arjefm-71	142	28	y	y	NOUN
arjefm-71	142	29	)	)	PUNCT
arjefm-71	142	30	distribution	distribution	NOUN
arjefm-71	142	31	is	be	AUX
arjefm-71	142	32	denoted	denote	VERB
arjefm-71	142	33	by	by	ADP
arjefm-71	142	34	this	this	DET
arjefm-71	142	35	average	average	NOUN
arjefm-71	142	36	is	be	AUX
arjefm-71	142	37	simply	simply	ADV
arjefm-71	142	38	the	the	DET
arjefm-71	142	39	total	total	ADJ
arjefm-71	142	40	income	income	NOUN
arjefm-71	142	41	of	of	ADP
arjefm-71	142	42	all	all	DET
arjefm-71	142	43	individuals	individual	NOUN
arjefm-71	142	44	divided	divide	VERB
arjefm-71	142	45	by	by	ADP
arjefm-71	142	46	the	the	DET
arjefm-71	142	47	number	number	NOUN
arjefm-71	142	48	of	of	ADP
arjefm-71	142	49	individuals	individual	NOUN
arjefm-71	142	50	.	.	PUNCT
arjefm-71	143	1	hence	hence	ADV
arjefm-71	143	2	,	,	PUNCT
arjefm-71	143	3	1	1	NUM
arjefm-71	143	4	m	m	NOUN
arjefm-71	143	5	n	n	PRON
arjefm-71	143	6	j	j	PROPN
arjefm-71	143	7	y	y	PROPN
arjefm-71	143	8	j	j	PROPN
arjefm-71	143	9	(	(	PUNCT
arjefm-71	143	10	2	2	NUM
arjefm-71	143	11	)	)	PUNCT
arjefm-71	143	12	n	n	NOUN
arjefm-71	143	13	j	j	PROPN
arjefm-71	143	14	1	1	NUM
arjefm-71	143	15	the	the	DET
arjefm-71	143	16	gini	gini	PROPN
arjefm-71	143	17	index	index	NOUN
arjefm-71	143	18	determines	determine	VERB
arjefm-71	143	19	the	the	DET
arjefm-71	143	20	differences	difference	NOUN
arjefm-71	143	21	in	in	ADP
arjefm-71	143	22	income	income	NOUN
arjefm-71	143	23	between	between	ADP
arjefm-71	143	24	each	each	DET
arjefm-71	143	25	pair	pair	NOUN
arjefm-71	143	26	of	of	ADP
arjefm-71	143	27	incomes	income	NOUN
arjefm-71	143	28	.	.	PUNCT
arjefm-71	144	1	these	these	DET
arjefm-71	144	2	differences	difference	NOUN
arjefm-71	144	3	are	be	AUX
arjefm-71	144	4	then	then	ADV
arjefm-71	144	5	summed	sum	VERB
arjefm-71	144	6	together	together	ADV
arjefm-71	144	7	with	with	ADP
arjefm-71	144	8	absolute	absolute	ADJ
arjefm-71	144	9	values	value	NOUN
arjefm-71	144	10	being	be	AUX
arjefm-71	144	11	used	use	VERB
arjefm-71	144	12	so	so	SCONJ
arjefm-71	144	13	that	that	SCONJ
arjefm-71	144	14	information	information	NOUN
arjefm-71	144	15	is	be	AUX
arjefm-71	144	16	not	not	PART
arjefm-71	144	17	lost	lose	VERB
arjefm-71	144	18	through	through	ADP
arjefm-71	144	19	values	value	NOUN
arjefm-71	144	20	being	be	AUX
arjefm-71	144	21	both	both	CCONJ
arjefm-71	144	22	positive	positive	ADJ
arjefm-71	144	23	and	and	CCONJ
arjefm-71	144	24	negative	negative	ADJ
arjefm-71	144	25	.	.	PUNCT
arjefm-71	145	1	we	we	PRON
arjefm-71	145	2	take	take	VERB
arjefm-71	145	3	the	the	DET
arjefm-71	145	4	difference	difference	NOUN
arjefm-71	145	5	between	between	ADP
arjefm-71	145	6	income	income	NOUN
arjefm-71	145	7	of	of	ADP
arjefm-71	145	8	individual	individual	ADJ
arjefm-71	145	9	‘	'	PUNCT
arjefm-71	145	10	j	j	NOUN
arjefm-71	145	11	’	'	PUNCT
arjefm-71	145	12	and	and	CCONJ
arjefm-71	145	13	individual	individual	ADJ
arjefm-71	145	14	‘	'	PUNCT
arjefm-71	145	15	k	k	NOUN
arjefm-71	145	16	’	'	PUNCT
arjefm-71	145	17	,	,	PUNCT
arjefm-71	145	18	so	so	SCONJ
arjefm-71	145	19	that	that	SCONJ
arjefm-71	145	20	y	y	PROPN
arjefm-71	145	21	j	j	PROPN
arjefm-71	145	22	y	y	PROPN
arjefm-71	145	23	k	k	PROPN
arjefm-71	145	24	income	income	NOUN
arjefm-71	145	25	difference	difference	NOUN
arjefm-71	145	26	(	(	PUNCT
arjefm-71	145	27	3	3	X
arjefm-71	145	28	)	)	PUNCT
arjefm-71	145	29	we	we	PRON
arjefm-71	145	30	could	could	AUX
arjefm-71	145	31	estimate	estimate	VERB
arjefm-71	145	32	one	one	NUM
arjefm-71	145	33	of	of	ADP
arjefm-71	145	34	the	the	DET
arjefm-71	145	35	differences	difference	NOUN
arjefm-71	145	36	and	and	CCONJ
arjefm-71	145	37	multiply	multiply	ADV
arjefm-71	145	38	by	by	ADP
arjefm-71	145	39	a	a	DET
arjefm-71	145	40	factor	factor	NOUN
arjefm-71	145	41	of	of	ADP
arjefm-71	145	42	2	2	NUM
arjefm-71	145	43	because	because	SCONJ
arjefm-71	145	44	we	we	PRON
arjefm-71	145	45	take	take	VERB
arjefm-71	145	46	the	the	DET
arjefm-71	145	47	absolute	absolute	ADJ
arjefm-71	145	48	values	value	NOUN
arjefm-71	145	49	of	of	ADP
arjefm-71	145	50	the	the	DET
arjefm-71	145	51	income	income	NOUN
arjefm-71	145	52	differences	difference	NOUN
arjefm-71	145	53	.	.	PUNCT
arjefm-71	146	1	the	the	DET
arjefm-71	146	2	gini	gini	PROPN
arjefm-71	146	3	coefficient	coefficient	NOUN
arjefm-71	146	4	is	be	AUX
arjefm-71	146	5	then	then	ADV
arjefm-71	146	6	represented	represent	VERB
arjefm-71	146	7	by	by	ADP
arjefm-71	146	8	,	,	PUNCT
arjefm-71	146	9	1	1	NUM
arjefm-71	146	10	m	m	NOUN
arjefm-71	146	11	m	m	VERB
arjefm-71	146	12	g	g	NOUN
arjefm-71	146	13	2	2	NUM
arjefm-71	146	14	n	n	PROPN
arjefm-71	146	15	j	j	PROPN
arjefm-71	146	16	n	n	NUM
arjefm-71	146	17	ky	ky	PROPN
arjefm-71	146	18	j	j	PROPN
arjefm-71	146	19	y	y	PROPN
arjefm-71	146	20	k	k	PROPN
arjefm-71	146	21	(	(	PUNCT
arjefm-71	146	22	4	4	X
arjefm-71	146	23	)	)	PUNCT
arjefm-71	146	24	2n	2n	NUM
arjefm-71	146	25	j	j	NOUN
arjefm-71	146	26	1	1	NUM
arjefm-71	146	27	k	k	SYM
arjefm-71	146	28	1	1	NUM
arjefm-71	146	29	mailto:contact@americaserial.com	mailto:contact@americaserial.com	NOUN
arjefm-71	146	30	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	146	31	american	american	PROPN
arjefm-71	146	32	research	research	PROPN
arjefm-71	146	33	journal	journal	PROPN
arjefm-71	146	34	of	of	ADP
arjefm-71	146	35	economics	economic	NOUN
arjefm-71	146	36	,	,	PUNCT
arjefm-71	146	37	finance	finance	NOUN
arjefm-71	146	38	and	and	CCONJ
arjefm-71	146	39	management	management	NOUN
arjefm-71	146	40	volume	volume	NOUN
arjefm-71	146	41	10	10	NUM
arjefm-71	146	42	issue	issue	NOUN
arjefm-71	146	43	4	4	NUM
arjefm-71	146	44	,	,	PUNCT
arjefm-71	146	45	october	october	PROPN
arjefm-71	146	46	-	-	PUNCT
arjefm-71	146	47	december	december	PROPN
arjefm-71	146	48	2022	2022	NUM
arjefm-71	146	49	issn	issn	NOUN
arjefm-71	146	50	:	:	PUNCT
arjefm-71	146	51	2836	2836	NUM
arjefm-71	146	52	-	-	SYM
arjefm-71	146	53	9416	9416	NUM
arjefm-71	146	54	impact	impact	NOUN
arjefm-71	146	55	factor	factor	NOUN
arjefm-71	146	56	:	:	PUNCT
arjefm-71	146	57	4.85	4.85	NUM
arjefm-71	146	58	journal	journal	NOUN
arjefm-71	146	59	homepage	homepage	NOUN
arjefm-71	146	60	:	:	PUNCT
arjefm-71	146	61	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	146	62	,	,	PUNCT
arjefm-71	146	63	email	email	NOUN
arjefm-71	146	64	:	:	PUNCT
arjefm-71	147	1	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	147	2	official	official	ADJ
arjefm-71	147	3	journal	journal	PROPN
arjefm-71	147	4	of	of	ADP
arjefm-71	147	5	america	america	PROPN
arjefm-71	147	6	serial	serial	PROPN
arjefm-71	147	7	publication	publication	NOUN
arjefm-71	147	8	american	american	PROPN
arjefm-71	147	9	research	research	PROPN
arjefm-71	147	10	journal	journal	PROPN
arjefm-71	147	11	of	of	ADP
arjefm-71	147	12	economics	economic	NOUN
arjefm-71	147	13	,	,	PUNCT
arjefm-71	147	14	finance	finance	NOUN
arjefm-71	147	15	and	and	CCONJ
arjefm-71	147	16	management	management	NOUN
arjefm-71	147	17	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	147	18	,	,	PUNCT
arjefm-71	147	19	email	email	NOUN
arjefm-71	147	20	:	:	PUNCT
arjefm-71	147	21	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	148	1	25	25	NUM
arjefm-71	149	1	|	|	ADV
arjefm-71	149	2	p	p	X
arjefm-71	149	3	a	a	DET
arjefm-71	149	4	g	g	NOUN
arjefm-71	149	5	e	e	NOUN
arjefm-71	149	6	there	there	PRON
arjefm-71	149	7	are	be	VERB
arjefm-71	149	8	2	2	NUM
arjefm-71	149	9	summations	summation	NOUN
arjefm-71	149	10	because	because	SCONJ
arjefm-71	149	11	firstly	firstly	ADV
arjefm-71	149	12	,	,	PUNCT
arjefm-71	149	13	we	we	PRON
arjefm-71	149	14	sum	sum	VERB
arjefm-71	149	15	over	over	ADP
arjefm-71	149	16	all	all	DET
arjefm-71	149	17	the	the	DET
arjefm-71	149	18	ks	ks	NOUN
arjefm-71	149	19	holding	hold	VERB
arjefm-71	149	20	each	each	DET
arjefm-71	149	21	j	j	PROPN
arjefm-71	149	22	constant	constant	ADJ
arjefm-71	149	23	,	,	PUNCT
arjefm-71	149	24	and	and	CCONJ
arjefm-71	149	25	then	then	ADV
arjefm-71	149	26	we	we	PRON
arjefm-71	149	27	do	do	VERB
arjefm-71	149	28	the	the	DET
arjefm-71	149	29	same	same	ADJ
arjefm-71	149	30	for	for	ADP
arjefm-71	149	31	the	the	DET
arjefm-71	149	32	js	js	PROPN
arjefm-71	149	33	,	,	PUNCT
arjefm-71	149	34	summing	sum	VERB
arjefm-71	149	35	over	over	ADP
arjefm-71	149	36	all	all	DET
arjefm-71	149	37	the	the	DET
arjefm-71	149	38	js	js	ADJ
arjefm-71	149	39	holding	hold	VERB
arjefm-71	149	40	each	each	DET
arjefm-71	149	41	k	k	PROPN
arjefm-71	149	42	constant	constant	ADJ
arjefm-71	149	43	.	.	PUNCT
arjefm-71	150	1	essentially	essentially	ADV
arjefm-71	150	2	,	,	PUNCT
arjefm-71	150	3	we	we	PRON
arjefm-71	150	4	are	be	AUX
arjefm-71	150	5	summing	sum	VERB
arjefm-71	150	6	every	every	DET
arjefm-71	150	7	single	single	ADJ
arjefm-71	150	8	income	income	NOUN
arjefm-71	150	9	differential	differential	NOUN
arjefm-71	150	10	in	in	ADP
arjefm-71	150	11	the	the	DET
arjefm-71	150	12	sample	sample	NOUN
arjefm-71	150	13	.	.	PUNCT
arjefm-71	151	1	so	so	ADV
arjefm-71	151	2	everything	everything	PRON
arjefm-71	151	3	inside	inside	ADP
arjefm-71	151	4	the	the	DET
arjefm-71	151	5	brackets	bracket	NOUN
arjefm-71	151	6	represents	represent	VERB
arjefm-71	151	7	the	the	DET
arjefm-71	151	8	sum	sum	NOUN
arjefm-71	151	9	of	of	ADP
arjefm-71	151	10	the	the	DET
arjefm-71	151	11	income	income	NOUN
arjefm-71	151	12	differentials	differential	NOUN
arjefm-71	151	13	for	for	ADP
arjefm-71	151	14	the	the	DET
arjefm-71	151	15	whole	whole	ADJ
arjefm-71	151	16	sample	sample	NOUN
arjefm-71	151	17	.	.	PUNCT
arjefm-71	152	1	this	this	DET
arjefm-71	152	2	large	large	ADJ
arjefm-71	152	3	number	number	NOUN
arjefm-71	152	4	is	be	AUX
arjefm-71	152	5	then	then	ADV
arjefm-71	152	6	divided	divide	VERB
arjefm-71	152	7	by	by	ADP
arjefm-71	152	8	2n	2n	NUM
arjefm-71	152	9	2	2	NUM
arjefm-71	152	10	.	.	PUNCT
arjefm-71	153	1	the	the	DET
arjefm-71	153	2	‘	'	PUNCT
arjefm-71	153	3	2	2	NUM
arjefm-71	153	4	’	'	PUNCT
arjefm-71	153	5	comes	come	VERB
arjefm-71	153	6	from	from	ADP
arjefm-71	153	7	counting	count	VERB
arjefm-71	153	8	income	income	NOUN
arjefm-71	153	9	differentials	differential	NOUN
arjefm-71	153	10	twice	twice	ADV
arjefm-71	153	11	when	when	SCONJ
arjefm-71	153	12	summing	sum	VERB
arjefm-71	153	13	over	over	ADP
arjefm-71	153	14	‘	'	PUNCT
arjefm-71	153	15	ks	k	NOUN
arjefm-71	153	16	’	'	PUNCT
arjefm-71	153	17	and	and	CCONJ
arjefm-71	153	18	then	then	ADV
arjefm-71	153	19	‘	'	PUNCT
arjefm-71	153	20	js	js	ADJ
arjefm-71	153	21	’	'	PUNCT
arjefm-71	153	22	.	.	PUNCT
arjefm-71	154	1	the	the	DET
arjefm-71	154	2	n	n	ADV
arjefm-71	154	3	-	-	PUNCT
arjefm-71	154	4	squared	square	VERB
arjefm-71	154	5	and	and	CCONJ
arjefm-71	154	6	the	the	DET
arjefm-71	154	7	mean	mean	ADJ
arjefm-71	154	8	income	income	NOUN
arjefm-71	154	9	terms	term	NOUN
arjefm-71	154	10	are	be	AUX
arjefm-71	154	11	included	include	VERB
arjefm-71	154	12	so	so	SCONJ
arjefm-71	154	13	as	as	SCONJ
arjefm-71	154	14	to	to	PART
arjefm-71	154	15	normalize	normalize	VERB
arjefm-71	154	16	the	the	DET
arjefm-71	154	17	gini	gini	PROPN
arjefm-71	154	18	coefficient	coefficient	PROPN
arjefm-71	154	19	.	.	PUNCT
arjefm-71	155	1	the	the	DET
arjefm-71	155	2	above	above	ADJ
arjefm-71	155	3	equations	equation	NOUN
arjefm-71	155	4	indicate	indicate	VERB
arjefm-71	155	5	that	that	SCONJ
arjefm-71	155	6	the	the	DET
arjefm-71	155	7	gini	gini	PROPN
arjefm-71	155	8	coefficient	coefficient	NOUN
arjefm-71	155	9	is	be	AUX
arjefm-71	155	10	good	good	ADJ
arjefm-71	155	11	at	at	ADP
arjefm-71	155	12	picking	pick	VERB
arjefm-71	155	13	up	up	ADP
arjefm-71	155	14	increasing	increase	VERB
arjefm-71	155	15	or	or	CCONJ
arjefm-71	155	16	decreasing	decrease	VERB
arjefm-71	155	17	income	income	NOUN
arjefm-71	155	18	inequality	inequality	NOUN
arjefm-71	155	19	.	.	PUNCT
arjefm-71	156	1	for	for	ADP
arjefm-71	156	2	example	example	NOUN
arjefm-71	156	3	,	,	PUNCT
arjefm-71	156	4	table	table	NOUN
arjefm-71	156	5	2	2	NUM
arjefm-71	156	6	shows	show	VERB
arjefm-71	156	7	that	that	SCONJ
arjefm-71	156	8	income	income	NOUN
arjefm-71	156	9	is	be	AUX
arjefm-71	156	10	more	more	ADV
arjefm-71	156	11	unequally	unequally	ADV
arjefm-71	156	12	distributed	distribute	VERB
arjefm-71	156	13	in	in	ADP
arjefm-71	156	14	non	non	ADJ
arjefm-71	156	15	cfa	cfa	PROPN
arjefm-71	156	16	countries	country	NOUN
arjefm-71	156	17	than	than	ADP
arjefm-71	156	18	in	in	ADP
arjefm-71	156	19	cfa	cfa	PROPN
arjefm-71	156	20	countries	country	NOUN
arjefm-71	156	21	.	.	PUNCT
arjefm-71	157	1	the	the	DET
arjefm-71	157	2	latter	latter	ADJ
arjefm-71	157	3	groups	group	NOUN
arjefm-71	157	4	studied	study	VERB
arjefm-71	157	5	have	have	VERB
arjefm-71	157	6	a	a	DET
arjefm-71	157	7	gini	gini	NOUN
arjefm-71	157	8	coefficient	coefficient	NOUN
arjefm-71	157	9	of	of	ADP
arjefm-71	157	10	49.3	49.3	NUM
arjefm-71	157	11	%	%	NOUN
arjefm-71	157	12	and	and	CCONJ
arjefm-71	157	13	44.26	44.26	NUM
arjefm-71	157	14	%	%	NOUN
arjefm-71	157	15	respectively	respectively	ADV
arjefm-71	157	16	.	.	PUNCT
arjefm-71	158	1	the	the	DET
arjefm-71	158	2	income	income	NOUN
arjefm-71	158	3	gap	gap	NOUN
arjefm-71	158	4	between	between	ADP
arjefm-71	158	5	rich	rich	ADJ
arjefm-71	158	6	and	and	CCONJ
arjefm-71	158	7	poor	poor	ADJ
arjefm-71	158	8	is	be	AUX
arjefm-71	158	9	more	more	ADV
arjefm-71	158	10	widened	widened	ADJ
arjefm-71	158	11	in	in	ADP
arjefm-71	158	12	the	the	DET
arjefm-71	158	13	non	non	PROPN
arjefm-71	158	14	cfa	cfa	PROPN
arjefm-71	158	15	states	state	NOUN
arjefm-71	158	16	than	than	ADP
arjefm-71	158	17	in	in	ADP
arjefm-71	158	18	their	their	PRON
arjefm-71	158	19	cfa	cfa	NOUN
arjefm-71	158	20	counterparts	counterpart	NOUN
arjefm-71	158	21	.	.	PUNCT
arjefm-71	159	1	for	for	ADP
arjefm-71	159	2	example	example	NOUN
arjefm-71	159	3	,	,	PUNCT
arjefm-71	159	4	the	the	DET
arjefm-71	159	5	states	state	NOUN
arjefm-71	159	6	of	of	ADP
arjefm-71	159	7	sierra	sierra	PROPN
arjefm-71	159	8	leone	leone	PROPN
arjefm-71	159	9	and	and	CCONJ
arjefm-71	159	10	the	the	DET
arjefm-71	159	11	gambia	gambia	NOUN
arjefm-71	159	12	show	show	VERB
arjefm-71	159	13	the	the	DET
arjefm-71	159	14	highest	high	ADJ
arjefm-71	159	15	poverty	poverty	NOUN
arjefm-71	159	16	gaps	gap	NOUN
arjefm-71	159	17	in	in	ADP
arjefm-71	159	18	the	the	DET
arjefm-71	159	19	non	non	PROPN
arjefm-71	159	20	cfa	cfa	PROPN
arjefm-71	159	21	zone	zone	NOUN
arjefm-71	159	22	respectively	respectively	ADV
arjefm-71	159	23	with	with	ADP
arjefm-71	159	24	62	62	NUM
arjefm-71	159	25	%	%	NOUN
arjefm-71	159	26	and	and	CCONJ
arjefm-71	159	27	50	50	NUM
arjefm-71	159	28	%	%	NOUN
arjefm-71	159	29	while	while	SCONJ
arjefm-71	159	30	the	the	DET
arjefm-71	159	31	states	state	NOUN
arjefm-71	159	32	of	of	ADP
arjefm-71	159	33	central	central	ADJ
arjefm-71	159	34	african	african	ADJ
arjefm-71	159	35	republic	republic	PROPN
arjefm-71	159	36	and	and	CCONJ
arjefm-71	159	37	cote	cote	PROPN
arjefm-71	159	38	d’ivoire	d’ivoire	NOUN
arjefm-71	159	39	had	have	VERB
arjefm-71	159	40	the	the	DET
arjefm-71	159	41	highest	high	ADJ
arjefm-71	159	42	poverty	poverty	NOUN
arjefm-71	159	43	gaps	gap	NOUN
arjefm-71	159	44	in	in	ADP
arjefm-71	159	45	cfa	cfa	PROPN
arjefm-71	159	46	zone	zone	NOUN
arjefm-71	159	47	countries	country	NOUN
arjefm-71	159	48	respectively	respectively	ADV
arjefm-71	159	49	with	with	ADP
arjefm-71	159	50	61.33	61.33	NUM
arjefm-71	159	51	%	%	NOUN
arjefm-71	159	52	and	and	CCONJ
arjefm-71	159	53	48.39	48.39	NUM
arjefm-71	159	54	%	%	NOUN
arjefm-71	159	55	.	.	PUNCT
arjefm-71	160	1	the	the	DET
arjefm-71	160	2	percentage	percentage	NOUN
arjefm-71	160	3	of	of	ADP
arjefm-71	160	4	people	people	NOUN
arjefm-71	160	5	living	live	VERB
arjefm-71	160	6	in	in	ADP
arjefm-71	160	7	poverty	poverty	NOUN
arjefm-71	160	8	may	may	AUX
arjefm-71	160	9	be	be	AUX
arjefm-71	160	10	reduced	reduce	VERB
arjefm-71	160	11	in	in	ADP
arjefm-71	160	12	the	the	DET
arjefm-71	160	13	cfa	cfa	PROPN
arjefm-71	160	14	zone	zone	NOUN
arjefm-71	160	15	in	in	ADP
arjefm-71	160	16	accordance	accordance	NOUN
arjefm-71	160	17	with	with	ADP
arjefm-71	160	18	the	the	DET
arjefm-71	160	19	world	world	NOUN
arjefm-71	160	20	poverty	poverty	NOUN
arjefm-71	160	21	headcount	headcount	NOUN
arjefm-71	160	22	,	,	PUNCT
arjefm-71	160	23	while	while	SCONJ
arjefm-71	160	24	the	the	DET
arjefm-71	160	25	same	same	ADJ
arjefm-71	160	26	indicator	indicator	NOUN
arjefm-71	160	27	shows	show	VERB
arjefm-71	160	28	that	that	SCONJ
arjefm-71	160	29	the	the	DET
arjefm-71	160	30	level	level	NOUN
arjefm-71	160	31	of	of	ADP
arjefm-71	160	32	poverty	poverty	NOUN
arjefm-71	160	33	in	in	ADP
arjefm-71	160	34	non	non	ADJ
arjefm-71	160	35	cfa	cfa	PROPN
arjefm-71	160	36	zone	zone	NOUN
arjefm-71	160	37	countries	country	NOUN
arjefm-71	160	38	is	be	AUX
arjefm-71	160	39	not	not	PART
arjefm-71	160	40	encouraging	encouraging	ADJ
arjefm-71	160	41	.	.	PUNCT
arjefm-71	161	1	the	the	DET
arjefm-71	161	2	data	datum	NOUN
arjefm-71	161	3	provides	provide	VERB
arjefm-71	161	4	support	support	NOUN
arjefm-71	161	5	for	for	ADP
arjefm-71	161	6	the	the	DET
arjefm-71	161	7	assertion	assertion	NOUN
arjefm-71	161	8	that	that	SCONJ
arjefm-71	161	9	inequalities	inequality	NOUN
arjefm-71	161	10	often	often	ADV
arjefm-71	161	11	widen	widen	VERB
arjefm-71	161	12	despite	despite	SCONJ
arjefm-71	161	13	the	the	DET
arjefm-71	161	14	benefits	benefit	NOUN
arjefm-71	161	15	of	of	ADP
arjefm-71	161	16	strong	strong	ADJ
arjefm-71	161	17	and	and	CCONJ
arjefm-71	161	18	sustained	sustained	ADJ
arjefm-71	161	19	economic	economic	ADJ
arjefm-71	161	20	growth	growth	NOUN
arjefm-71	161	21	.	.	PUNCT
arjefm-71	162	1	in	in	ADP
arjefm-71	162	2	terms	term	NOUN
arjefm-71	162	3	of	of	ADP
arjefm-71	162	4	poverty	poverty	NOUN
arjefm-71	162	5	reduction	reduction	NOUN
arjefm-71	162	6	,	,	PUNCT
arjefm-71	162	7	we	we	PRON
arjefm-71	162	8	could	could	AUX
arjefm-71	162	9	recommend	recommend	VERB
arjefm-71	162	10	that	that	SCONJ
arjefm-71	162	11	contrary	contrary	ADV
arjefm-71	162	12	to	to	ADP
arjefm-71	162	13	masson	masson	PROPN
arjefm-71	162	14	and	and	CCONJ
arjefm-71	162	15	pattillo	pattillo	PROPN
arjefm-71	162	16	(	(	PUNCT
arjefm-71	162	17	2002	2002	NUM
arjefm-71	162	18	)	)	PUNCT
arjefm-71	162	19	,	,	PUNCT
arjefm-71	162	20	the	the	DET
arjefm-71	162	21	monetary	monetary	ADJ
arjefm-71	162	22	integration	integration	NOUN
arjefm-71	162	23	project	project	NOUN
arjefm-71	162	24	in	in	ADP
arjefm-71	162	25	the	the	DET
arjefm-71	162	26	economic	economic	ADJ
arjefm-71	162	27	community	community	NOUN
arjefm-71	162	28	of	of	ADP
arjefm-71	162	29	west	west	ADJ
arjefm-71	162	30	african	african	ADJ
arjefm-71	162	31	states	state	NOUN
arjefm-71	162	32	(	(	PUNCT
arjefm-71	162	33	ecowas	ecowas	PROPN
arjefm-71	162	34	)	)	PUNCT
arjefm-71	162	35	should	should	AUX
arjefm-71	162	36	be	be	AUX
arjefm-71	162	37	encouraged	encourage	VERB
arjefm-71	162	38	.	.	PUNCT
arjefm-71	163	1	this	this	PRON
arjefm-71	163	2	would	would	AUX
arjefm-71	163	3	be	be	AUX
arjefm-71	163	4	a	a	DET
arjefm-71	163	5	large	large	ADJ
arjefm-71	163	6	value	value	NOUN
arjefm-71	163	7	added	add	VERB
arjefm-71	163	8	to	to	ADP
arjefm-71	163	9	the	the	DET
arjefm-71	163	10	process	process	NOUN
arjefm-71	163	11	of	of	ADP
arjefm-71	163	12	regional	regional	ADJ
arjefm-71	163	13	cooperation	cooperation	NOUN
arjefm-71	163	14	and	and	CCONJ
arjefm-71	163	15	integration	integration	NOUN
arjefm-71	163	16	in	in	ADP
arjefm-71	163	17	west	west	PROPN
arjefm-71	163	18	africa	africa	PROPN
arjefm-71	163	19	.	.	PUNCT
arjefm-71	164	1	other	other	ADJ
arjefm-71	164	2	countries	country	NOUN
arjefm-71	164	3	in	in	ADP
arjefm-71	164	4	sub	sub	ADJ
arjefm-71	164	5	-	-	ADJ
arjefm-71	164	6	saharan	saharan	ADJ
arjefm-71	164	7	africa	africa	PROPN
arjefm-71	164	8	should	should	AUX
arjefm-71	164	9	follow	follow	VERB
arjefm-71	164	10	suit	suit	NOUN
arjefm-71	164	11	.	.	PUNCT
arjefm-71	165	1	this	this	DET
arjefm-71	165	2	conclusion	conclusion	NOUN
arjefm-71	165	3	is	be	AUX
arjefm-71	165	4	supported	support	VERB
arjefm-71	165	5	by	by	ADP
arjefm-71	165	6	clement	clement	PROPN
arjefm-71	165	7	et	et	PROPN
arjefm-71	165	8	al	al	PROPN
arjefm-71	165	9	(	(	PUNCT
arjefm-71	165	10	1996	1996	NUM
arjefm-71	165	11	)	)	PUNCT
arjefm-71	165	12	who	who	PRON
arjefm-71	165	13	argued	argue	VERB
arjefm-71	165	14	that	that	SCONJ
arjefm-71	165	15	:	:	PUNCT
arjefm-71	165	16	the	the	DET
arjefm-71	165	17	two	two	NUM
arjefm-71	165	18	sub	sub	NOUN
arjefm-71	165	19	regions	region	NOUN
arjefm-71	165	20	(	(	PUNCT
arjefm-71	165	21	central	central	PROPN
arjefm-71	165	22	africa	africa	PROPN
arjefm-71	165	23	and	and	CCONJ
arjefm-71	165	24	west	west	PROPN
arjefm-71	165	25	africa	africa	PROPN
arjefm-71	165	26	)	)	PUNCT
arjefm-71	165	27	need	need	VERB
arjefm-71	165	28	to	to	PART
arjefm-71	165	29	intensify	intensify	VERB
arjefm-71	165	30	the	the	DET
arjefm-71	165	31	momentum	momentum	NOUN
arjefm-71	165	32	of	of	ADP
arjefm-71	165	33	regional	regional	ADJ
arjefm-71	165	34	integration	integration	NOUN
arjefm-71	165	35	and	and	CCONJ
arjefm-71	165	36	economic	economic	ADJ
arjefm-71	165	37	cooperation	cooperation	NOUN
arjefm-71	165	38	.	.	PUNCT
arjefm-71	166	1	this	this	PRON
arjefm-71	166	2	would	would	AUX
arjefm-71	166	3	help	help	VERB
arjefm-71	166	4	avoid	avoid	VERB
arjefm-71	166	5	inconsistent	inconsistent	ADJ
arjefm-71	166	6	policies	policy	NOUN
arjefm-71	166	7	.	.	PUNCT
arjefm-71	167	1	it	it	PRON
arjefm-71	167	2	would	would	AUX
arjefm-71	167	3	also	also	ADV
arjefm-71	167	4	facilitate	facilitate	VERB
arjefm-71	167	5	the	the	DET
arjefm-71	167	6	emergence	emergence	NOUN
arjefm-71	167	7	of	of	ADP
arjefm-71	167	8	large	large	ADJ
arjefm-71	167	9	economic	economic	ADJ
arjefm-71	167	10	areas	area	NOUN
arjefm-71	167	11	that	that	PRON
arjefm-71	167	12	offer	offer	VERB
arjefm-71	167	13	broader	broad	ADJ
arjefm-71	167	14	markets	market	NOUN
arjefm-71	167	15	and	and	CCONJ
arjefm-71	167	16	opportunities	opportunity	NOUN
arjefm-71	167	17	for	for	ADP
arjefm-71	167	18	economic	economic	ADJ
arjefm-71	167	19	of	of	ADP
arjefm-71	167	20	scale	scale	NOUN
arjefm-71	167	21	,	,	PUNCT
arjefm-71	167	22	and	and	CCONJ
arjefm-71	167	23	encourage	encourage	VERB
arjefm-71	167	24	factor	factor	NOUN
arjefm-71	167	25	mobility	mobility	NOUN
arjefm-71	167	26	.	.	PUNCT
arjefm-71	168	1	the	the	DET
arjefm-71	168	2	development	development	NOUN
arjefm-71	168	3	of	of	ADP
arjefm-71	168	4	the	the	DET
arjefm-71	168	5	regional	regional	ADJ
arjefm-71	168	6	instrument	instrument	NOUN
arjefm-71	168	7	to	to	PART
arjefm-71	168	8	foster	foster	VERB
arjefm-71	168	9	economic	economic	ADJ
arjefm-71	168	10	convergence	convergence	NOUN
arjefm-71	168	11	therefore	therefore	ADV
arjefm-71	168	12	should	should	AUX
arjefm-71	168	13	be	be	AUX
arjefm-71	168	14	actively	actively	ADV
arjefm-71	168	15	encouraged	encourage	VERB
arjefm-71	168	16	.	.	PUNCT
arjefm-71	169	1	fielding	field	VERB
arjefm-71	169	2	(	(	PUNCT
arjefm-71	169	3	2002	2002	NUM
arjefm-71	169	4	)	)	PUNCT
arjefm-71	169	5	also	also	ADV
arjefm-71	169	6	supported	support	VERB
arjefm-71	169	7	integrations	integration	NOUN
arjefm-71	169	8	by	by	ADP
arjefm-71	169	9	arguing	argue	VERB
arjefm-71	169	10	that	that	SCONJ
arjefm-71	169	11	cfa	cfa	PROPN
arjefm-71	169	12	zone	zone	NOUN
arjefm-71	169	13	has	have	VERB
arjefm-71	169	14	three	three	NUM
arjefm-71	169	15	main	main	ADJ
arjefm-71	169	16	advantages	advantage	NOUN
arjefm-71	169	17	comparing	compare	VERB
arjefm-71	169	18	to	to	ADP
arjefm-71	169	19	their	their	PRON
arjefm-71	169	20	non	non	ADJ
arjefm-71	169	21	cfa	cfa	PROPN
arjefm-71	169	22	zone	zone	PROPN
arjefm-71	169	23	counterparts	counterpart	NOUN
arjefm-71	169	24	:	:	PUNCT
arjefm-71	169	25	greater	great	ADJ
arjefm-71	169	26	financial	financial	ADJ
arjefm-71	169	27	openness	openness	NOUN
arjefm-71	169	28	,	,	PUNCT
arjefm-71	169	29	an	an	DET
arjefm-71	169	30	absence	absence	NOUN
arjefm-71	169	31	of	of	ADP
arjefm-71	169	32	exchange	exchange	NOUN
arjefm-71	169	33	rationing	ration	VERB
arjefm-71	169	34	and	and	CCONJ
arjefm-71	169	35	more	more	ADV
arjefm-71	169	36	stable	stable	ADJ
arjefm-71	169	37	prices	price	NOUN
arjefm-71	169	38	.	.	PUNCT
arjefm-71	170	1	he	he	PRON
arjefm-71	170	2	went	go	VERB
arjefm-71	170	3	further	far	ADV
arjefm-71	170	4	to	to	PART
arjefm-71	170	5	argue	argue	VERB
arjefm-71	170	6	that	that	SCONJ
arjefm-71	170	7	:	:	PUNCT
arjefm-71	170	8	for	for	ADP
arjefm-71	170	9	a	a	DET
arjefm-71	170	10	wide	wide	ADJ
arjefm-71	170	11	variety	variety	NOUN
arjefm-71	170	12	of	of	ADP
arjefm-71	170	13	measures	measure	NOUN
arjefm-71	170	14	the	the	DET
arjefm-71	170	15	exchange	exchange	NOUN
arjefm-71	170	16	rate	rate	NOUN
arjefm-71	170	17	peg	peg	NOUN
arjefm-71	170	18	delivers	deliver	VERB
arjefm-71	170	19	more	more	ADJ
arjefm-71	170	20	integration	integration	NOUN
arjefm-71	170	21	than	than	ADP
arjefm-71	170	22	a	a	DET
arjefm-71	170	23	flexible	flexible	ADJ
arjefm-71	170	24	exchange	exchange	NOUN
arjefm-71	170	25	rate	rate	NOUN
arjefm-71	170	26	.	.	PUNCT
arjefm-71	171	1	the	the	DET
arjefm-71	171	2	differences	difference	NOUN
arjefm-71	171	3	are	be	AUX
arjefm-71	171	4	statistically	statistically	ADV
arjefm-71	171	5	significant	significant	ADJ
arjefm-71	171	6	and	and	CCONJ
arjefm-71	171	7	economically	economically	ADV
arjefm-71	171	8	substantial	substantial	ADJ
arjefm-71	171	9	.	.	PUNCT
arjefm-71	172	1	in	in	ADP
arjefm-71	172	2	the	the	DET
arjefm-71	172	3	case	case	NOUN
arjefm-71	172	4	of	of	ADP
arjefm-71	172	5	trade	trade	NOUN
arjefm-71	172	6	integration	integration	NOUN
arjefm-71	172	7	there	there	PRON
arjefm-71	172	8	is	be	VERB
arjefm-71	172	9	also	also	ADV
arjefm-71	172	10	evidence	evidence	NOUN
arjefm-71	172	11	that	that	SCONJ
arjefm-71	172	12	a	a	DET
arjefm-71	172	13	common	common	ADJ
arjefm-71	172	14	currency	currency	NOUN
arjefm-71	172	15	–	–	PUNCT
arjefm-71	172	16	as	as	SCONJ
arjefm-71	172	17	opposed	oppose	VERB
arjefm-71	172	18	to	to	ADP
arjefm-71	172	19	a	a	DET
arjefm-71	172	20	simple	simple	ADJ
arjefm-71	172	21	exchange	exchange	NOUN
arjefm-71	172	22	rate	rate	NOUN
arjefm-71	172	23	peg	peg	NOUN
arjefm-71	172	24	–	–	PUNCT
arjefm-71	172	25	makes	make	VERB
arjefm-71	172	26	a	a	DET
arjefm-71	172	27	difference	difference	NOUN
arjefm-71	172	28	.	.	PUNCT
arjefm-71	173	1	in	in	ADP
arjefm-71	173	2	this	this	DET
arjefm-71	173	3	case	case	NOUN
arjefm-71	173	4	,	,	PUNCT
arjefm-71	173	5	the	the	DET
arjefm-71	173	6	size	size	NOUN
arjefm-71	173	7	of	of	ADP
arjefm-71	173	8	the	the	DET
arjefm-71	173	9	difference	difference	NOUN
arjefm-71	173	10	depends	depend	VERB
arjefm-71	173	11	on	on	ADP
arjefm-71	173	12	geographical	geographical	ADJ
arjefm-71	173	13	factors	factor	NOUN
arjefm-71	173	14	reflecting	reflect	VERB
arjefm-71	173	15	international	international	ADJ
arjefm-71	173	16	transportation	transportation	NOUN
arjefm-71	173	17	costs	cost	NOUN
arjefm-71	173	18	.	.	PUNCT
arjefm-71	174	1	the	the	DET
arjefm-71	174	2	extra	extra	ADJ
arjefm-71	174	3	trade	trade	NOUN
arjefm-71	174	4	that	that	PRON
arjefm-71	174	5	a	a	DET
arjefm-71	174	6	common	common	ADJ
arjefm-71	174	7	currency	currency	NOUN
arjefm-71	174	8	delivers	deliver	VERB
arjefm-71	174	9	is	be	AUX
arjefm-71	174	10	greater	great	ADJ
arjefm-71	174	11	among	among	ADP
arjefm-71	174	12	countries	country	NOUN
arjefm-71	174	13	that	that	PRON
arjefm-71	174	14	face	face	VERB
arjefm-71	174	15	lower	low	ADJ
arjefm-71	174	16	costs	cost	NOUN
arjefm-71	174	17	.	.	PUNCT
arjefm-71	175	1	mailto:contact@americaserial.com	mailto:contact@americaserial.com	X
arjefm-71	175	2	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	176	1	american	american	PROPN
arjefm-71	176	2	research	research	PROPN
arjefm-71	176	3	journal	journal	PROPN
arjefm-71	176	4	of	of	ADP
arjefm-71	176	5	economics	economic	NOUN
arjefm-71	176	6	,	,	PUNCT
arjefm-71	176	7	finance	finance	NOUN
arjefm-71	176	8	and	and	CCONJ
arjefm-71	176	9	management	management	NOUN
arjefm-71	176	10	volume	volume	NOUN
arjefm-71	176	11	10	10	NUM
arjefm-71	176	12	issue	issue	NOUN
arjefm-71	176	13	4	4	NUM
arjefm-71	176	14	,	,	PUNCT
arjefm-71	176	15	october	october	PROPN
arjefm-71	176	16	-	-	PUNCT
arjefm-71	176	17	december	december	PROPN
arjefm-71	176	18	2022	2022	NUM
arjefm-71	176	19	issn	issn	NOUN
arjefm-71	176	20	:	:	PUNCT
arjefm-71	176	21	2836	2836	NUM
arjefm-71	176	22	-	-	SYM
arjefm-71	176	23	9416	9416	NUM
arjefm-71	176	24	impact	impact	NOUN
arjefm-71	176	25	factor	factor	NOUN
arjefm-71	176	26	:	:	PUNCT
arjefm-71	176	27	4.85	4.85	NUM
arjefm-71	176	28	journal	journal	NOUN
arjefm-71	176	29	homepage	homepage	NOUN
arjefm-71	176	30	:	:	PUNCT
arjefm-71	176	31	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	176	32	,	,	PUNCT
arjefm-71	176	33	email	email	NOUN
arjefm-71	176	34	:	:	PUNCT
arjefm-71	176	35	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	176	36	official	official	ADJ
arjefm-71	176	37	journal	journal	PROPN
arjefm-71	176	38	of	of	ADP
arjefm-71	176	39	america	america	PROPN
arjefm-71	176	40	serial	serial	PROPN
arjefm-71	176	41	publication	publication	NOUN
arjefm-71	176	42	american	american	PROPN
arjefm-71	176	43	research	research	PROPN
arjefm-71	176	44	journal	journal	PROPN
arjefm-71	176	45	of	of	ADP
arjefm-71	176	46	economics	economic	NOUN
arjefm-71	176	47	,	,	PUNCT
arjefm-71	176	48	finance	finance	NOUN
arjefm-71	176	49	and	and	CCONJ
arjefm-71	176	50	management	management	NOUN
arjefm-71	176	51	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	176	52	,	,	PUNCT
arjefm-71	176	53	email	email	NOUN
arjefm-71	176	54	:	:	PUNCT
arjefm-71	176	55	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	177	1	26	26	NUM
arjefm-71	178	1	|	|	ADV
arjefm-71	178	2	p	p	X
arjefm-71	178	3	a	a	DET
arjefm-71	178	4	g	g	PROPN
arjefm-71	178	5	e	e	PROPN
arjefm-71	178	6	jacob	jacob	PROPN
arjefm-71	178	7	tche	tche	PROPN
arjefm-71	178	8	23	23	NUM
arjefm-71	178	9	table	table	NOUN
arjefm-71	178	10	1	1	NUM
arjefm-71	178	11	:	:	PUNCT
arjefm-71	178	12	poverty	poverty	NOUN
arjefm-71	178	13	headcount	headcount	NOUN
arjefm-71	178	14	in	in	ADP
arjefm-71	178	15	non	non	ADJ
arjefm-71	178	16	cfa	cfa	PROPN
arjefm-71	178	17	and	and	CCONJ
arjefm-71	178	18	cfa	cfa	PROPN
arjefm-71	178	19	zone	zone	NOUN
arjefm-71	178	20	countries	country	NOUN
arjefm-71	178	21	(	(	PUNCT
arjefm-71	178	22	%	%	NOUN
arjefm-71	178	23	of	of	ADP
arjefm-71	178	24	population	population	NOUN
arjefm-71	178	25	)	)	PUNCT
arjefm-71	178	26	beni	beni	PROPN
arjefm-71	178	27	n	n	PROPN
arjefm-71	178	28	burkin	burkin	VERB
arjefm-71	178	29	a	a	DET
arjefm-71	178	30	faso	faso	PROPN
arjefm-71	178	31	camero	camero	PROPN
arjefm-71	178	32	on	on	ADP
arjefm-71	178	33	central	central	ADJ
arjefm-71	178	34	african	african	PROPN
arjefm-71	178	35	republ	republ	PROPN
arjefm-71	178	36	ic	ic	PROPN
arjefm-71	178	37	cote	cote	PROPN
arjefm-71	178	38	d'ivoir	d'ivoir	PROPN
arjefm-71	178	39	e	e	PROPN
arjefm-71	178	40	ghan	ghan	PROPN
arjefm-71	178	41	a	a	DET
arjefm-71	178	42	nige	nige	NOUN
arjefm-71	178	43	r	r	NOUN
arjefm-71	178	44	nigeri	nigeri	NOUN
arjefm-71	178	45	a	a	DET
arjefm-71	178	46	seneg	seneg	X
arjefm-71	178	47	al	al	PROPN
arjefm-71	178	48	sierr	sierr	VERB
arjefm-71	178	49	a	a	DET
arjefm-71	178	50	leon	leon	PROPN
arjefm-71	178	51	e	e	PROPN
arjefm-71	178	52	gambi	gambi	VERB
arjefm-71	178	53	a	a	PRON
arjefm-71	178	54	,	,	PUNCT
arjefm-71	178	55	the	the	DET
arjefm-71	178	56	total	total	ADJ
arjefm-71	178	57	averag	averag	PROPN
arjefm-71	178	58	e	e	X
arjefm-71	178	59	non	non	PROPN
arjefm-71	178	60	cf	cf	VERB
arjefm-71	178	61	a	a	DET
arjefm-71	178	62	zon	zon	PROPN
arjefm-71	178	63	e	e	ADP
arjefm-71	178	64	41	41	NUM
arjefm-71	178	65	71	71	NUM
arjefm-71	178	66	57	57	NUM
arjefm-71	178	67	27	27	NUM
arjefm-71	178	68	49	49	NUM
arjefm-71	178	69	cf	cf	NOUN
arjefm-71	178	70	a	a	DET
arjefm-71	178	71	zon	zon	X
arjefm-71	178	72	e	e	X
arjefm-71	178	73	31	31	NUM
arjefm-71	178	74	29	29	NUM
arjefm-71	178	75	17	17	NUM
arjefm-71	178	76	67	67	NUM
arjefm-71	178	77	16	16	NUM
arjefm-71	178	78	41	41	NUM
arjefm-71	178	79	17	17	NUM
arjefm-71	178	80	31	31	NUM
arjefm-71	178	81	source	source	NOUN
arjefm-71	178	82	:	:	PUNCT
arjefm-71	178	83	world	world	PROPN
arjefm-71	178	84	bank	bank	PROPN
arjefm-71	178	85	’s	’s	PART
arjefm-71	178	86	povcalnet	povcalnet	PROPN
arjefm-71	178	87	data	datum	NOUN
arjefm-71	178	88	tool	tool	NOUN
arjefm-71	178	89	,	,	PUNCT
arjefm-71	178	90	see	see	VERB
arjefm-71	178	91	http://iresearch.worldbank.org/povcalnet	http://iresearch.worldbank.org/povcalnet	PROPN
arjefm-71	178	92	table	table	NOUN
arjefm-71	178	93	2	2	NUM
arjefm-71	178	94	:	:	PUNCT
arjefm-71	178	95	gini	gini	NOUN
arjefm-71	178	96	coefficient	coefficient	NOUN
arjefm-71	178	97	in	in	ADP
arjefm-71	178	98	non	non	PROPN
arjefm-71	178	99	cfa	cfa	PROPN
arjefm-71	178	100	and	and	CCONJ
arjefm-71	178	101	cfa	cfa	PROPN
arjefm-71	178	102	zone	zone	NOUN
arjefm-71	178	103	countries	country	NOUN
arjefm-71	178	104	(	(	PUNCT
arjefm-71	178	105	in	in	ADP
arjefm-71	178	106	percentage	percentage	NOUN
arjefm-71	178	107	)	)	PUNCT
arjefm-71	178	108	beni	beni	NOUN
arjefm-71	178	109	n	n	PROPN
arjefm-71	178	110	burkin	burkin	VERB
arjefm-71	178	111	a	a	DET
arjefm-71	178	112	faso	faso	PROPN
arjefm-71	178	113	camero	camero	PROPN
arjefm-71	178	114	on	on	ADP
arjefm-71	178	115	central	central	ADJ
arjefm-71	178	116	african	african	PROPN
arjefm-71	178	117	republ	republ	PROPN
arjefm-71	178	118	ic	ic	PROPN
arjefm-71	178	119	cote	cote	PROPN
arjefm-71	178	120	d'ivoir	d'ivoir	PROPN
arjefm-71	178	121	e	e	PROPN
arjefm-71	178	122	ghan	ghan	PROPN
arjefm-71	178	123	a	a	DET
arjefm-71	178	124	nige	nige	NOUN
arjefm-71	178	125	r	r	NOUN
arjefm-71	178	126	nigeri	nigeri	NOUN
arjefm-71	178	127	a	a	DET
arjefm-71	178	128	seneg	seneg	X
arjefm-71	178	129	al	al	PROPN
arjefm-71	178	130	sierr	sierr	VERB
arjefm-71	178	131	a	a	DET
arjefm-71	178	132	leon	leon	PROPN
arjefm-71	178	133	e	e	PROPN
arjefm-71	178	134	gambi	gambi	VERB
arjefm-71	178	135	a	a	PRON
arjefm-71	178	136	,	,	PUNCT
arjefm-71	178	137	the	the	DET
arjefm-71	178	138	total	total	ADJ
arjefm-71	178	139	averag	averag	PROPN
arjefm-71	178	140	e	e	X
arjefm-71	178	141	non	non	PROPN
arjefm-71	178	142	cf	cf	VERB
arjefm-71	178	143	a	a	DET
arjefm-71	178	144	zon	zon	PROPN
arjefm-71	178	145	e	e	ADP
arjefm-71	178	146	40.75	40.75	NUM
arjefm-71	178	147	43.6	43.6	NUM
arjefm-71	178	148	62.87	62.87	NUM
arjefm-71	178	149	50	50	NUM
arjefm-71	178	150	49.3	49.3	NUM
arjefm-71	178	151	cf	cf	NOUN
arjefm-71	178	152	a	a	DET
arjefm-71	178	153	zon	zon	X
arjefm-71	178	154	e	e	X
arjefm-71	178	155	38.6	38.6	NUM
arjefm-71	178	156	2	2	NUM
arjefm-71	178	157	39.6	39.6	NUM
arjefm-71	178	158	44.56	44.56	NUM
arjefm-71	178	159	61.33	61.33	NUM
arjefm-71	178	160	48.39	48.39	NUM
arjefm-71	178	161	36.1	36.1	NUM
arjefm-71	178	162	0	0	NUM
arjefm-71	178	163	41.25	41.25	NUM
arjefm-71	178	164	44.26	44.26	NUM
arjefm-71	178	165	source	source	NOUN
arjefm-71	178	166	:	:	PUNCT
arjefm-71	178	167	world	world	PROPN
arjefm-71	178	168	bank	bank	PROPN
arjefm-71	178	169	’s	’s	PART
arjefm-71	178	170	povcalnet	povcalnet	PROPN
arjefm-71	178	171	data	datum	NOUN
arjefm-71	178	172	tool	tool	NOUN
arjefm-71	178	173	,	,	PUNCT
arjefm-71	178	174	see	see	VERB
arjefm-71	178	175	http://iresearch.worldbank.org/povcalnet	http://iresearch.worldbank.org/povcalnet	PROPN
arjefm-71	178	176	4	4	NUM
arjefm-71	178	177	.	.	NOUN
arjefm-71	178	178	conclusion	conclusion	NOUN
arjefm-71	178	179	while	while	SCONJ
arjefm-71	178	180	monetary	monetary	ADJ
arjefm-71	178	181	integration	integration	NOUN
arjefm-71	178	182	arrangements	arrangement	NOUN
arjefm-71	178	183	have	have	AUX
arjefm-71	178	184	existed	exist	VERB
arjefm-71	178	185	in	in	ADP
arjefm-71	178	186	many	many	ADJ
arjefm-71	178	187	parts	part	NOUN
arjefm-71	178	188	of	of	ADP
arjefm-71	178	189	the	the	DET
arjefm-71	178	190	world	world	NOUN
arjefm-71	178	191	for	for	ADP
arjefm-71	178	192	a	a	DET
arjefm-71	178	193	long	long	ADJ
arjefm-71	178	194	time	time	NOUN
arjefm-71	178	195	,	,	PUNCT
arjefm-71	178	196	their	their	PRON
arjefm-71	178	197	efficacy	efficacy	NOUN
arjefm-71	178	198	in	in	ADP
arjefm-71	178	199	changing	change	VERB
arjefm-71	178	200	the	the	DET
arjefm-71	178	201	nature	nature	NOUN
arjefm-71	178	202	of	of	ADP
arjefm-71	178	203	the	the	DET
arjefm-71	178	204	integration	integration	NOUN
arjefm-71	178	205	in	in	ADP
arjefm-71	178	206	african	african	ADJ
arjefm-71	178	207	economies	economy	NOUN
arjefm-71	178	208	and	and	CCONJ
arjefm-71	178	209	subsequently	subsequently	ADV
arjefm-71	178	210	,	,	PUNCT
arjefm-71	178	211	their	their	PRON
arjefm-71	178	212	impact	impact	NOUN
arjefm-71	178	213	in	in	ADP
arjefm-71	178	214	reducing	reduce	VERB
arjefm-71	178	215	poverty	poverty	NOUN
arjefm-71	178	216	has	have	AUX
arjefm-71	178	217	become	become	VERB
arjefm-71	178	218	an	an	DET
arjefm-71	178	219	important	important	ADJ
arjefm-71	178	220	subject	subject	NOUN
arjefm-71	178	221	of	of	ADP
arjefm-71	178	222	analysis	analysis	NOUN
arjefm-71	178	223	and	and	CCONJ
arjefm-71	178	224	policy	policy	NOUN
arjefm-71	178	225	in	in	ADP
arjefm-71	178	226	the	the	DET
arjefm-71	178	227	last	last	ADJ
arjefm-71	178	228	decade	decade	NOUN
arjefm-71	178	229	.	.	PUNCT
arjefm-71	179	1	in	in	ADP
arjefm-71	179	2	most	most	ADJ
arjefm-71	179	3	parts	part	NOUN
arjefm-71	179	4	of	of	ADP
arjefm-71	179	5	africa	africa	PROPN
arjefm-71	179	6	,	,	PUNCT
arjefm-71	179	7	a	a	DET
arjefm-71	179	8	new	new	ADJ
arjefm-71	179	9	wave	wave	NOUN
arjefm-71	179	10	of	of	ADP
arjefm-71	179	11	regionalisation	regionalisation	NOUN
arjefm-71	179	12	is	be	AUX
arjefm-71	179	13	taking	take	VERB
arjefm-71	179	14	place	place	NOUN
arjefm-71	179	15	.	.	PUNCT
arjefm-71	180	1	whereas	whereas	SCONJ
arjefm-71	180	2	some	some	DET
arjefm-71	180	3	monetary	monetary	ADJ
arjefm-71	180	4	arrangements	arrangement	NOUN
arjefm-71	180	5	are	be	AUX
arjefm-71	180	6	expanding	expand	VERB
arjefm-71	180	7	,	,	PUNCT
arjefm-71	180	8	and	and	CCONJ
arjefm-71	180	9	others	other	NOUN
arjefm-71	180	10	are	be	AUX
arjefm-71	180	11	being	be	AUX
arjefm-71	180	12	strengthened	strengthen	VERB
arjefm-71	180	13	,	,	PUNCT
arjefm-71	180	14	new	new	ADJ
arjefm-71	180	15	ones	one	NOUN
arjefm-71	180	16	such	such	ADJ
arjefm-71	180	17	as	as	ADP
arjefm-71	180	18	that	that	PRON
arjefm-71	180	19	of	of	ADP
arjefm-71	180	20	the	the	DET
arjefm-71	180	21	ecowas	ecowas	PROPN
arjefm-71	180	22	are	be	AUX
arjefm-71	180	23	also	also	ADV
arjefm-71	180	24	being	be	AUX
arjefm-71	180	25	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	180	26	mailto:contact@americaserial.com	mailto:contact@americaserial.com	X
arjefm-71	180	27	http://iresearch.worldbank.org/povcalnet	http://iresearch.worldbank.org/povcalnet	PROPN
arjefm-71	180	28	http://iresearch.worldbank.org/povcalnet	http://iresearch.worldbank.org/povcalnet	PROPN
arjefm-71	180	29	american	american	PROPN
arjefm-71	180	30	research	research	PROPN
arjefm-71	180	31	journal	journal	PROPN
arjefm-71	180	32	of	of	ADP
arjefm-71	180	33	economics	economic	NOUN
arjefm-71	180	34	,	,	PUNCT
arjefm-71	180	35	finance	finance	NOUN
arjefm-71	180	36	and	and	CCONJ
arjefm-71	180	37	management	management	NOUN
arjefm-71	180	38	volume	volume	NOUN
arjefm-71	180	39	10	10	NUM
arjefm-71	180	40	issue	issue	NOUN
arjefm-71	180	41	4	4	NUM
arjefm-71	180	42	,	,	PUNCT
arjefm-71	180	43	october	october	PROPN
arjefm-71	180	44	-	-	PUNCT
arjefm-71	180	45	december	december	PROPN
arjefm-71	180	46	2022	2022	NUM
arjefm-71	180	47	issn	issn	NOUN
arjefm-71	180	48	:	:	PUNCT
arjefm-71	180	49	2836	2836	NUM
arjefm-71	180	50	-	-	SYM
arjefm-71	180	51	9416	9416	NUM
arjefm-71	180	52	impact	impact	NOUN
arjefm-71	180	53	factor	factor	NOUN
arjefm-71	180	54	:	:	PUNCT
arjefm-71	180	55	4.85	4.85	NUM
arjefm-71	180	56	journal	journal	NOUN
arjefm-71	180	57	homepage	homepage	NOUN
arjefm-71	180	58	:	:	PUNCT
arjefm-71	180	59	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	180	60	,	,	PUNCT
arjefm-71	180	61	email	email	NOUN
arjefm-71	180	62	:	:	PUNCT
arjefm-71	180	63	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	180	64	official	official	ADJ
arjefm-71	180	65	journal	journal	PROPN
arjefm-71	180	66	of	of	ADP
arjefm-71	180	67	america	america	PROPN
arjefm-71	180	68	serial	serial	PROPN
arjefm-71	180	69	publication	publication	NOUN
arjefm-71	180	70	american	american	PROPN
arjefm-71	180	71	research	research	PROPN
arjefm-71	180	72	journal	journal	PROPN
arjefm-71	180	73	of	of	ADP
arjefm-71	180	74	economics	economic	NOUN
arjefm-71	180	75	,	,	PUNCT
arjefm-71	180	76	finance	finance	NOUN
arjefm-71	180	77	and	and	CCONJ
arjefm-71	180	78	management	management	NOUN
arjefm-71	180	79	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	180	80	,	,	PUNCT
arjefm-71	180	81	email	email	NOUN
arjefm-71	180	82	:	:	PUNCT
arjefm-71	180	83	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	181	1	27	27	NUM
arjefm-71	182	1	|	|	ADV
arjefm-71	182	2	p	p	ADP
arjefm-71	182	3	a	a	DET
arjefm-71	182	4	g	g	NOUN
arjefm-71	182	5	e	e	NOUN
arjefm-71	182	6	formed	form	VERB
arjefm-71	182	7	.	.	PUNCT
arjefm-71	183	1	in	in	ADP
arjefm-71	183	2	this	this	DET
arjefm-71	183	3	paper	paper	NOUN
arjefm-71	183	4	,	,	PUNCT
arjefm-71	183	5	i	i	PRON
arjefm-71	183	6	attempted	attempt	VERB
arjefm-71	183	7	to	to	PART
arjefm-71	183	8	offer	offer	VERB
arjefm-71	183	9	a	a	DET
arjefm-71	183	10	unique	unique	ADJ
arjefm-71	183	11	opportunity	opportunity	NOUN
arjefm-71	183	12	to	to	PART
arjefm-71	183	13	investigate	investigate	VERB
arjefm-71	183	14	monetary	monetary	ADJ
arjefm-71	183	15	integration	integration	NOUN
arjefm-71	183	16	and	and	CCONJ
arjefm-71	183	17	poverty	poverty	NOUN
arjefm-71	183	18	reduction	reduction	NOUN
arjefm-71	183	19	in	in	ADP
arjefm-71	183	20	the	the	DET
arjefm-71	183	21	cfa	cfa	PROPN
arjefm-71	183	22	zone	zone	NOUN
arjefm-71	183	23	.	.	PUNCT
arjefm-71	184	1	i	i	PRON
arjefm-71	184	2	have	have	AUX
arjefm-71	184	3	followed	follow	VERB
arjefm-71	184	4	past	past	ADJ
arjefm-71	184	5	practice	practice	NOUN
arjefm-71	184	6	in	in	ADP
arjefm-71	184	7	focusing	focus	VERB
arjefm-71	184	8	primarily	primarily	ADV
arjefm-71	184	9	on	on	ADP
arjefm-71	184	10	the	the	DET
arjefm-71	184	11	macroeconomic	macroeconomic	ADJ
arjefm-71	184	12	performance	performance	NOUN
arjefm-71	184	13	and	and	CCONJ
arjefm-71	184	14	on	on	ADP
arjefm-71	184	15	the	the	DET
arjefm-71	184	16	international	international	ADJ
arjefm-71	184	17	poverty	poverty	NOUN
arjefm-71	184	18	line	line	NOUN
arjefm-71	184	19	that	that	SCONJ
arjefm-71	184	20	accords	accord	NOUN
arjefm-71	184	21	with	with	ADP
arjefm-71	184	22	poverty	poverty	NOUN
arjefm-71	184	23	lines	line	NOUN
arjefm-71	184	24	typical	typical	ADJ
arjefm-71	184	25	of	of	ADP
arjefm-71	184	26	the	the	DET
arjefm-71	184	27	poorest	poor	ADJ
arjefm-71	184	28	countries	country	NOUN
arjefm-71	184	29	.	.	PUNCT
arjefm-71	185	1	for	for	ADP
arjefm-71	185	2	this	this	DET
arjefm-71	185	3	purpose	purpose	NOUN
arjefm-71	185	4	i	i	PRON
arjefm-71	185	5	started	start	VERB
arjefm-71	185	6	by	by	ADP
arjefm-71	185	7	analysing	analyse	VERB
arjefm-71	185	8	the	the	DET
arjefm-71	185	9	level	level	NOUN
arjefm-71	185	10	of	of	ADP
arjefm-71	185	11	inflation	inflation	NOUN
arjefm-71	185	12	,	,	PUNCT
arjefm-71	185	13	the	the	DET
arjefm-71	185	14	gross	gross	ADJ
arjefm-71	185	15	domestic	domestic	ADJ
arjefm-71	185	16	savings	saving	NOUN
arjefm-71	185	17	and	and	CCONJ
arjefm-71	185	18	the	the	DET
arjefm-71	185	19	gni	gni	NOUN
arjefm-71	185	20	per	per	ADP
arjefm-71	185	21	capita	capita	NOUN
arjefm-71	185	22	.	.	PUNCT
arjefm-71	186	1	i	i	PRON
arjefm-71	186	2	carried	carry	VERB
arjefm-71	186	3	out	out	ADP
arjefm-71	186	4	my	my	PRON
arjefm-71	186	5	investigation	investigation	NOUN
arjefm-71	186	6	on	on	ADP
arjefm-71	186	7	poverty	poverty	NOUN
arjefm-71	186	8	by	by	ADP
arjefm-71	186	9	using	use	VERB
arjefm-71	186	10	a	a	DET
arjefm-71	186	11	poverty	poverty	NOUN
arjefm-71	186	12	line	line	NOUN
arjefm-71	186	13	of	of	ADP
arjefm-71	186	14	the	the	DET
arjefm-71	186	15	poorest	poor	ADJ
arjefm-71	186	16	20	20	NUM
arjefm-71	186	17	%	%	NOUN
arjefm-71	186	18	and	and	CCONJ
arjefm-71	186	19	the	the	DET
arjefm-71	186	20	number	number	NOUN
arjefm-71	186	21	of	of	ADP
arjefm-71	186	22	people	people	NOUN
arjefm-71	186	23	living	live	VERB
arjefm-71	186	24	on	on	ADP
arjefm-71	186	25	less	less	ADJ
arjefm-71	186	26	than	than	ADP
arjefm-71	186	27	$	$	SYM
arjefm-71	186	28	1	1	NUM
arjefm-71	186	29	a	a	DET
arjefm-71	186	30	day	day	NOUN
arjefm-71	186	31	in	in	ADP
arjefm-71	186	32	the	the	DET
arjefm-71	186	33	cfa	cfa	PROPN
arjefm-71	186	34	zone	zone	NOUN
arjefm-71	186	35	countries	country	NOUN
arjefm-71	186	36	and	and	CCONJ
arjefm-71	186	37	in	in	ADP
arjefm-71	186	38	non	non	ADJ
arjefm-71	186	39	cfa	cfa	PROPN
arjefm-71	186	40	zone	zone	NOUN
arjefm-71	186	41	in	in	ADP
arjefm-71	186	42	central	central	ADJ
arjefm-71	186	43	and	and	CCONJ
arjefm-71	186	44	west	west	PROPN
arjefm-71	186	45	africa	africa	PROPN
arjefm-71	186	46	.	.	PUNCT
arjefm-71	187	1	the	the	DET
arjefm-71	187	2	inequality	inequality	NOUN
arjefm-71	187	3	measure	measure	NOUN
arjefm-71	187	4	utilised	utilise	VERB
arjefm-71	187	5	in	in	ADP
arjefm-71	187	6	this	this	DET
arjefm-71	187	7	paper	paper	NOUN
arjefm-71	187	8	was	be	AUX
arjefm-71	187	9	the	the	DET
arjefm-71	187	10	gini	gini	PROPN
arjefm-71	187	11	coefficient	coefficient	NOUN
arjefm-71	187	12	of	of	ADP
arjefm-71	187	13	inequality	inequality	NOUN
arjefm-71	187	14	.	.	PUNCT
arjefm-71	188	1	in	in	ADP
arjefm-71	188	2	conclusion	conclusion	NOUN
arjefm-71	188	3	,	,	PUNCT
arjefm-71	188	4	we	we	PRON
arjefm-71	188	5	can	can	AUX
arjefm-71	188	6	say	say	VERB
arjefm-71	188	7	that	that	PRON
arjefm-71	188	8	:	:	PUNCT
arjefm-71	188	9	•	•	ADP
arjefm-71	188	10	in	in	ADP
arjefm-71	188	11	terms	term	NOUN
arjefm-71	188	12	of	of	ADP
arjefm-71	188	13	inflation	inflation	NOUN
arjefm-71	188	14	,	,	PUNCT
arjefm-71	188	15	cfa	cfa	PROPN
arjefm-71	188	16	zone	zone	NOUN
arjefm-71	188	17	countries	country	NOUN
arjefm-71	188	18	demonstrated	demonstrate	VERB
arjefm-71	188	19	a	a	DET
arjefm-71	188	20	superior	superior	ADJ
arjefm-71	188	21	performance	performance	NOUN
arjefm-71	188	22	compared	compare	VERB
arjefm-71	188	23	to	to	ADP
arjefm-71	188	24	their	their	PRON
arjefm-71	188	25	non	non	ADJ
arjefm-71	188	26	cfa	cfa	PROPN
arjefm-71	188	27	zone	zone	PROPN
arjefm-71	188	28	counterparts	counterpart	NOUN
arjefm-71	188	29	.	.	PUNCT
arjefm-71	189	1	•	•	NUM
arjefm-71	189	2	since	since	SCONJ
arjefm-71	189	3	the	the	DET
arjefm-71	189	4	mid-1990s	mid-1990	NOUN
arjefm-71	189	5	till	till	SCONJ
arjefm-71	189	6	now	now	ADV
arjefm-71	189	7	,	,	PUNCT
arjefm-71	189	8	cfa	cfa	PROPN
arjefm-71	189	9	zone	zone	NOUN
arjefm-71	189	10	countries	country	NOUN
arjefm-71	189	11	have	have	AUX
arjefm-71	189	12	outperformed	outperform	VERB
arjefm-71	189	13	non	non	ADJ
arjefm-71	189	14	cfa	cfa	PROPN
arjefm-71	189	15	zone	zone	NOUN
arjefm-71	189	16	countries	country	NOUN
arjefm-71	189	17	in	in	ADP
arjefm-71	189	18	terms	term	NOUN
arjefm-71	189	19	of	of	ADP
arjefm-71	189	20	gross	gross	ADJ
arjefm-71	189	21	domestic	domestic	ADJ
arjefm-71	189	22	savings	saving	NOUN
arjefm-71	189	23	.	.	PUNCT
arjefm-71	190	1	•	•	NUM
arjefm-71	190	2	the	the	DET
arjefm-71	190	3	non	non	PROPN
arjefm-71	190	4	cfa	cfa	PROPN
arjefm-71	190	5	zone	zone	NOUN
arjefm-71	190	6	had	have	VERB
arjefm-71	190	7	a	a	DET
arjefm-71	190	8	low	low	ADJ
arjefm-71	190	9	edge	edge	NOUN
arjefm-71	190	10	over	over	ADP
arjefm-71	190	11	cfa	cfa	PROPN
arjefm-71	190	12	zone	zone	NOUN
arjefm-71	190	13	countries	country	NOUN
arjefm-71	190	14	in	in	ADP
arjefm-71	190	15	the	the	DET
arjefm-71	190	16	1960	1960	NUM
arjefm-71	190	17	-	-	SYM
arjefm-71	190	18	1976	1976	NUM
arjefm-71	190	19	periods	period	NOUN
arjefm-71	190	20	in	in	ADP
arjefm-71	190	21	terms	term	NOUN
arjefm-71	190	22	of	of	ADP
arjefm-71	190	23	gni	gni	NOUN
arjefm-71	190	24	per	per	ADP
arjefm-71	190	25	capita	capita	NOUN
arjefm-71	190	26	.	.	PUNCT
arjefm-71	191	1	by	by	ADP
arjefm-71	191	2	contrast	contrast	NOUN
arjefm-71	191	3	,	,	PUNCT
arjefm-71	191	4	from	from	ADP
arjefm-71	191	5	1978	1978	NUM
arjefm-71	191	6	till	till	SCONJ
arjefm-71	191	7	now	now	ADV
arjefm-71	191	8	,	,	PUNCT
arjefm-71	191	9	gni	gni	PROPN
arjefm-71	191	10	has	have	AUX
arjefm-71	191	11	been	be	AUX
arjefm-71	191	12	higher	high	ADJ
arjefm-71	191	13	in	in	ADP
arjefm-71	191	14	the	the	DET
arjefm-71	191	15	cfa	cfa	PROPN
arjefm-71	191	16	zone	zone	NOUN
arjefm-71	191	17	countries	country	NOUN
arjefm-71	191	18	than	than	ADP
arjefm-71	191	19	that	that	PRON
arjefm-71	191	20	of	of	ADP
arjefm-71	191	21	the	the	DET
arjefm-71	191	22	non	non	PROPN
arjefm-71	191	23	cfa	cfa	PROPN
arjefm-71	191	24	zone	zone	NOUN
arjefm-71	191	25	countries	country	NOUN
arjefm-71	191	26	.	.	PUNCT
arjefm-71	192	1	•	•	NUM
arjefm-71	192	2	cfa	cfa	PROPN
arjefm-71	192	3	zone	zone	NOUN
arjefm-71	192	4	countries	country	NOUN
arjefm-71	192	5	have	have	AUX
arjefm-71	192	6	performed	perform	VERB
arjefm-71	192	7	better	well	ADV
arjefm-71	192	8	than	than	ADP
arjefm-71	192	9	their	their	PRON
arjefm-71	192	10	non	non	ADJ
arjefm-71	192	11	cfa	cfa	PROPN
arjefm-71	192	12	zone	zone	NOUN
arjefm-71	192	13	counterparts	counterpart	NOUN
arjefm-71	192	14	in	in	ADP
arjefm-71	192	15	terms	term	NOUN
arjefm-71	192	16	of	of	ADP
arjefm-71	192	17	the	the	DET
arjefm-71	192	18	poverty	poverty	NOUN
arjefm-71	192	19	reduction	reduction	NOUN
arjefm-71	192	20	line	line	NOUN
arjefm-71	192	21	since	since	SCONJ
arjefm-71	192	22	the	the	DET
arjefm-71	192	23	1970s	1970	NOUN
arjefm-71	192	24	till	till	SCONJ
arjefm-71	192	25	now	now	ADV
arjefm-71	192	26	.	.	PUNCT
arjefm-71	193	1	•	•	NOUN
arjefm-71	193	2	the	the	DET
arjefm-71	193	3	number	number	NOUN
arjefm-71	193	4	of	of	ADP
arjefm-71	193	5	people	people	NOUN
arjefm-71	193	6	living	live	VERB
arjefm-71	193	7	on	on	ADP
arjefm-71	193	8	less	less	ADJ
arjefm-71	193	9	than	than	ADP
arjefm-71	193	10	$	$	SYM
arjefm-71	193	11	1	1	NUM
arjefm-71	193	12	a	a	DET
arjefm-71	193	13	day	day	NOUN
arjefm-71	193	14	is	be	AUX
arjefm-71	193	15	lower	low	ADJ
arjefm-71	193	16	in	in	ADP
arjefm-71	193	17	the	the	DET
arjefm-71	193	18	cfa	cfa	PROPN
arjefm-71	193	19	zone	zone	NOUN
arjefm-71	193	20	countries	country	NOUN
arjefm-71	193	21	than	than	ADP
arjefm-71	193	22	in	in	ADP
arjefm-71	193	23	non	non	ADJ
arjefm-71	193	24	cfa	cfa	PROPN
arjefm-71	193	25	zone	zone	PROPN
arjefm-71	193	26	sub	sub	ADJ
arjefm-71	193	27	-	-	ADJ
arjefm-71	193	28	saharan	saharan	ADJ
arjefm-71	193	29	african	african	ADJ
arjefm-71	193	30	countries	country	NOUN
arjefm-71	193	31	.	.	PUNCT
arjefm-71	194	1	•	•	NUM
arjefm-71	194	2	income	income	NOUN
arjefm-71	194	3	is	be	AUX
arjefm-71	194	4	more	more	ADV
arjefm-71	194	5	unequally	unequally	ADV
arjefm-71	194	6	distributed	distribute	VERB
arjefm-71	194	7	in	in	ADP
arjefm-71	194	8	non	non	ADJ
arjefm-71	194	9	cfa	cfa	PROPN
arjefm-71	194	10	countries	country	NOUN
arjefm-71	194	11	than	than	ADP
arjefm-71	194	12	in	in	ADP
arjefm-71	194	13	cfa	cfa	PROPN
arjefm-71	194	14	countries	country	NOUN
arjefm-71	194	15	.	.	PUNCT
arjefm-71	195	1	furthermore	furthermore	ADV
arjefm-71	195	2	,	,	PUNCT
arjefm-71	195	3	monetary	monetary	ADJ
arjefm-71	195	4	integration	integration	NOUN
arjefm-71	195	5	can	can	AUX
arjefm-71	195	6	affect	affect	VERB
arjefm-71	195	7	poverty	poverty	NOUN
arjefm-71	195	8	in	in	ADP
arjefm-71	195	9	a	a	DET
arjefm-71	195	10	variety	variety	NOUN
arjefm-71	195	11	of	of	ADP
arjefm-71	195	12	ways	way	NOUN
arjefm-71	195	13	:	:	PUNCT
arjefm-71	195	14	low	low	ADJ
arjefm-71	195	15	inflation	inflation	NOUN
arjefm-71	195	16	rates	rate	NOUN
arjefm-71	195	17	which	which	PRON
arjefm-71	195	18	will	will	AUX
arjefm-71	195	19	have	have	VERB
arjefm-71	195	20	effect	effect	NOUN
arjefm-71	195	21	on	on	ADP
arjefm-71	195	22	the	the	DET
arjefm-71	195	23	price	price	NOUN
arjefm-71	195	24	of	of	ADP
arjefm-71	195	25	goods	good	NOUN
arjefm-71	195	26	produced	produce	VERB
arjefm-71	195	27	and	and	CCONJ
arjefm-71	195	28	consumed	consume	VERB
arjefm-71	195	29	by	by	ADP
arjefm-71	195	30	the	the	DET
arjefm-71	195	31	poor	poor	ADJ
arjefm-71	195	32	,	,	PUNCT
arjefm-71	195	33	wider	wide	ADJ
arjefm-71	195	34	regional	regional	ADJ
arjefm-71	195	35	trade	trade	NOUN
arjefm-71	195	36	gains	gain	NOUN
arjefm-71	195	37	which	which	PRON
arjefm-71	195	38	benefits	benefit	VERB
arjefm-71	195	39	the	the	DET
arjefm-71	195	40	poor	poor	ADJ
arjefm-71	195	41	,	,	PUNCT
arjefm-71	195	42	the	the	DET
arjefm-71	195	43	increase	increase	NOUN
arjefm-71	195	44	in	in	ADP
arjefm-71	195	45	the	the	DET
arjefm-71	195	46	overall	overall	ADJ
arjefm-71	195	47	investment	investment	NOUN
arjefm-71	195	48	,	,	PUNCT
arjefm-71	195	49	savings	saving	NOUN
arjefm-71	195	50	and	and	CCONJ
arjefm-71	195	51	per	per	ADP
arjefm-71	195	52	capita	capita	NOUN
arjefm-71	195	53	income	income	NOUN
arjefm-71	195	54	.	.	PUNCT
arjefm-71	196	1	these	these	DET
arjefm-71	196	2	effects	effect	NOUN
arjefm-71	196	3	will	will	AUX
arjefm-71	196	4	depend	depend	VERB
arjefm-71	196	5	on	on	ADP
arjefm-71	196	6	the	the	DET
arjefm-71	196	7	depth	depth	NOUN
arjefm-71	196	8	of	of	ADP
arjefm-71	196	9	the	the	DET
arjefm-71	196	10	integration	integration	NOUN
arjefm-71	196	11	process	process	NOUN
arjefm-71	196	12	and	and	CCONJ
arjefm-71	196	13	on	on	ADP
arjefm-71	196	14	the	the	DET
arjefm-71	196	15	complementary	complementary	ADJ
arjefm-71	196	16	condition	condition	NOUN
arjefm-71	196	17	that	that	SCONJ
arjefm-71	196	18	countries	country	NOUN
arjefm-71	196	19	put	put	VERB
arjefm-71	196	20	in	in	ADP
arjefm-71	196	21	place	place	NOUN
arjefm-71	196	22	.	.	PUNCT
arjefm-71	197	1	however	however	ADV
arjefm-71	197	2	,	,	PUNCT
arjefm-71	197	3	the	the	DET
arjefm-71	197	4	latter	latter	ADJ
arjefm-71	197	5	positive	positive	ADJ
arjefm-71	197	6	effects	effect	NOUN
arjefm-71	197	7	are	be	AUX
arjefm-71	197	8	likely	likely	ADJ
arjefm-71	197	9	to	to	PART
arjefm-71	197	10	remain	remain	VERB
arjefm-71	197	11	limited	limited	ADJ
arjefm-71	197	12	in	in	ADP
arjefm-71	197	13	regions	region	NOUN
arjefm-71	197	14	with	with	ADP
arjefm-71	197	15	nonmembers	nonmember	NOUN
arjefm-71	197	16	of	of	ADP
arjefm-71	197	17	a	a	DET
arjefm-71	197	18	monetary	monetary	ADJ
arjefm-71	197	19	integration	integration	NOUN
arjefm-71	197	20	.	.	PUNCT
arjefm-71	198	1	this	this	PRON
arjefm-71	198	2	means	mean	VERB
arjefm-71	198	3	that	that	SCONJ
arjefm-71	198	4	expectations	expectation	NOUN
arjefm-71	198	5	with	with	ADP
arjefm-71	198	6	respect	respect	NOUN
arjefm-71	198	7	to	to	ADP
arjefm-71	198	8	poverty	poverty	NOUN
arjefm-71	198	9	reduction	reduction	NOUN
arjefm-71	198	10	in	in	ADP
arjefm-71	198	11	non	non	ADJ
arjefm-71	198	12	-	-	ADJ
arjefm-71	198	13	monetary	monetary	ADJ
arjefm-71	198	14	integrated	integrate	VERB
arjefm-71	198	15	countries	country	NOUN
arjefm-71	198	16	may	may	AUX
arjefm-71	198	17	be	be	AUX
arjefm-71	198	18	tempered	temper	VERB
arjefm-71	198	19	.	.	PUNCT
arjefm-71	199	1	this	this	PRON
arjefm-71	199	2	notwithstanding	notwithstanding	ADP
arjefm-71	199	3	,	,	PUNCT
arjefm-71	199	4	money	money	NOUN
arjefm-71	199	5	creation	creation	NOUN
arjefm-71	199	6	constraints	constraint	NOUN
arjefm-71	199	7	,	,	PUNCT
arjefm-71	199	8	for	for	ADP
arjefm-71	199	9	example	example	NOUN
arjefm-71	199	10	,	,	PUNCT
arjefm-71	199	11	is	be	AUX
arjefm-71	199	12	the	the	DET
arjefm-71	199	13	reasons	reason	NOUN
arjefm-71	199	14	behind	behind	ADP
arjefm-71	199	15	cfa	cfa	PROPN
arjefm-71	199	16	zone	zone	NOUN
arjefm-71	199	17	countries	country	NOUN
arjefm-71	199	18	extreme	extreme	ADJ
arjefm-71	199	19	reliability	reliability	NOUN
arjefm-71	199	20	on	on	ADP
arjefm-71	199	21	fiscal	fiscal	ADJ
arjefm-71	199	22	policies	policy	NOUN
arjefm-71	199	23	rather	rather	ADV
arjefm-71	199	24	than	than	ADP
arjefm-71	199	25	monetary	monetary	ADJ
arjefm-71	199	26	policies	policy	NOUN
arjefm-71	199	27	to	to	PART
arjefm-71	199	28	solve	solve	VERB
arjefm-71	199	29	government	government	NOUN
arjefm-71	199	30	expenditure	expenditure	NOUN
arjefm-71	199	31	problems	problem	NOUN
arjefm-71	199	32	.	.	PUNCT
arjefm-71	200	1	thus	thus	ADV
arjefm-71	200	2	while	while	SCONJ
arjefm-71	200	3	i	i	PRON
arjefm-71	200	4	remain	remain	VERB
arjefm-71	200	5	cautious	cautious	ADJ
arjefm-71	200	6	in	in	ADP
arjefm-71	200	7	encouraging	encourage	VERB
arjefm-71	200	8	monetary	monetary	ADJ
arjefm-71	200	9	integration	integration	NOUN
arjefm-71	200	10	in	in	ADP
arjefm-71	200	11	other	other	ADJ
arjefm-71	200	12	parts	part	NOUN
arjefm-71	200	13	of	of	ADP
arjefm-71	200	14	africa	africa	PROPN
arjefm-71	200	15	,	,	PUNCT
arjefm-71	200	16	my	my	PRON
arjefm-71	200	17	results	result	NOUN
arjefm-71	200	18	indicate	indicate	VERB
arjefm-71	200	19	that	that	SCONJ
arjefm-71	200	20	countries	country	NOUN
arjefm-71	200	21	in	in	ADP
arjefm-71	200	22	the	the	DET
arjefm-71	200	23	cfa	cfa	PROPN
arjefm-71	200	24	zone	zone	NOUN
arjefm-71	200	25	have	have	AUX
arjefm-71	200	26	come	come	VERB
arjefm-71	200	27	furthest	furth	ADJ
arjefm-71	200	28	on	on	ADP
arjefm-71	200	29	the	the	DET
arjefm-71	200	30	way	way	NOUN
arjefm-71	200	31	to	to	ADP
arjefm-71	200	32	poverty	poverty	NOUN
arjefm-71	200	33	eradication	eradication	NOUN
arjefm-71	200	34	.	.	PUNCT
arjefm-71	201	1	references	reference	NOUN
arjefm-71	201	2	azam	azam	PROPN
arjefm-71	201	3	,	,	PUNCT
arjefm-71	201	4	p.	p.	PROPN
arjefm-71	201	5	(	(	PUNCT
arjefm-71	201	6	2004	2004	NUM
arjefm-71	201	7	)	)	PUNCT
arjefm-71	201	8	poverty	poverty	NOUN
arjefm-71	201	9	and	and	CCONJ
arjefm-71	201	10	growth	growth	NOUN
arjefm-71	201	11	in	in	ADP
arjefm-71	201	12	the	the	DET
arjefm-71	201	13	waemu	waemu	NOUN
arjefm-71	201	14	after	after	ADP
arjefm-71	201	15	the	the	DET
arjefm-71	201	16	1994	1994	NUM
arjefm-71	201	17	devaluation	devaluation	NOUN
arjefm-71	201	18	,	,	PUNCT
arjefm-71	201	19	journal	journal	NOUN
arjefm-71	201	20	of	of	ADP
arjefm-71	201	21	african	african	ADJ
arjefm-71	201	22	economies	economy	NOUN
arjefm-71	201	23	,	,	PUNCT
arjefm-71	201	24	13	13	NUM
arjefm-71	201	25	(	(	PUNCT
arjefm-71	201	26	4	4	NUM
arjefm-71	201	27	)	)	PUNCT
arjefm-71	201	28	,	,	PUNCT
arjefm-71	201	29	536	536	NUM
arjefm-71	201	30	-	-	SYM
arjefm-71	201	31	562	562	NUM
arjefm-71	201	32	claveranne	claveranne	NOUN
arjefm-71	201	33	,	,	PUNCT
arjefm-71	201	34	b.	b.	PROPN
arjefm-71	201	35	(	(	PUNCT
arjefm-71	201	36	2005	2005	NUM
arjefm-71	201	37	)	)	PUNCT
arjefm-71	201	38	,	,	PUNCT
arjefm-71	201	39	la	la	PROPN
arjefm-71	201	40	zone	zone	NOUN
arjefm-71	201	41	franc	franc	NOUN
arjefm-71	201	42	:	:	PUNCT
arjefm-71	201	43	au	au	ADJ
arjefm-71	201	44	-	-	PUNCT
arjefm-71	201	45	dela	dela	ADJ
arjefm-71	201	46	de	de	X
arjefm-71	201	47	la	la	PROPN
arjefm-71	201	48	monnaie	monnaie	PROPN
arjefm-71	201	49	…	…	SYM
arjefm-71	201	50	,	,	PUNCT
arjefm-71	201	51	economica	economica	PROPN
arjefm-71	201	52	,	,	PUNCT
arjefm-71	201	53	paris	paris	PROPN
arjefm-71	201	54	.	.	PUNCT
arjefm-71	202	1	clement	clement	PROPN
arjefm-71	202	2	,	,	PUNCT
arjefm-71	202	3	j.	j.	PROPN
arjefm-71	202	4	a.	a.	PROPN
arjefm-71	202	5	p.	p.	PROPN
arjefm-71	202	6	,	,	PUNCT
arjefm-71	202	7	mueller	mueller	PROPN
arjefm-71	202	8	,	,	PUNCT
arjefm-71	202	9	j.	j.	PROPN
arjefm-71	202	10	,	,	PUNCT
arjefm-71	202	11	cosse	cosse	PROPN
arjefm-71	202	12	,	,	PUNCT
arjefm-71	202	13	s.	s.	PROPN
arjefm-71	202	14	,	,	PUNCT
arjefm-71	202	15	le	le	X
arjefm-71	202	16	dem	dem	PROPN
arjefm-71	202	17	,	,	PUNCT
arjefm-71	202	18	j.	j.	PROPN
arjefm-71	202	19	(	(	PUNCT
arjefm-71	202	20	1996	1996	NUM
arjefm-71	202	21	)	)	PUNCT
arjefm-71	202	22	,	,	PUNCT
arjefm-71	202	23	“	"	PUNCT
arjefm-71	202	24	aftermath	aftermath	NOUN
arjefm-71	202	25	of	of	ADP
arjefm-71	202	26	the	the	DET
arjefm-71	202	27	cfa	cfa	PROPN
arjefm-71	202	28	franc	franc	PROPN
arjefm-71	202	29	devaluation	devaluation	PROPN
arjefm-71	202	30	”	"	PUNCT
arjefm-71	202	31	,	,	PUNCT
arjefm-71	202	32	imf	imf	PROPN
arjefm-71	202	33	occasional	occasional	ADJ
arjefm-71	202	34	paper	paper	NOUN
arjefm-71	202	35	no	no	INTJ
arjefm-71	202	36	.	.	PROPN
arjefm-71	202	37	138	138	NUM
arjefm-71	202	38	(	(	PUNCT
arjefm-71	202	39	washington	washington	PROPN
arjefm-71	202	40	:	:	PUNCT
arjefm-71	202	41	international	international	ADJ
arjefm-71	202	42	monetary	monetary	ADJ
arjefm-71	202	43	fund	fund	PROPN
arjefm-71	202	44	)	)	PUNCT
arjefm-71	202	45	coden	coden	PROPN
arjefm-71	202	46	,	,	PUNCT
arjefm-71	202	47	w.	w.	PROPN
arjefm-71	202	48	(	(	PUNCT
arjefm-71	202	49	1972	1972	NUM
arjefm-71	202	50	)	)	PUNCT
arjefm-71	202	51	,	,	PUNCT
arjefm-71	202	52	monetary	monetary	ADJ
arjefm-71	202	53	integration	integration	NOUN
arjefm-71	202	54	,	,	PUNCT
arjefm-71	202	55	princeton	princeton	PROPN
arjefm-71	202	56	university	university	PROPN
arjefm-71	202	57	,	,	PUNCT
arjefm-71	202	58	new	new	PROPN
arjefm-71	202	59	jersey	jersey	PROPN
arjefm-71	202	60	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	202	61	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	202	62	american	american	PROPN
arjefm-71	202	63	research	research	PROPN
arjefm-71	202	64	journal	journal	PROPN
arjefm-71	202	65	of	of	ADP
arjefm-71	202	66	economics	economic	NOUN
arjefm-71	202	67	,	,	PUNCT
arjefm-71	202	68	finance	finance	NOUN
arjefm-71	202	69	and	and	CCONJ
arjefm-71	202	70	management	management	NOUN
arjefm-71	202	71	volume	volume	NOUN
arjefm-71	202	72	10	10	NUM
arjefm-71	202	73	issue	issue	NOUN
arjefm-71	202	74	4	4	NUM
arjefm-71	202	75	,	,	PUNCT
arjefm-71	202	76	october	october	PROPN
arjefm-71	202	77	-	-	PUNCT
arjefm-71	202	78	december	december	PROPN
arjefm-71	202	79	2022	2022	NUM
arjefm-71	202	80	issn	issn	NOUN
arjefm-71	202	81	:	:	PUNCT
arjefm-71	202	82	2836	2836	NUM
arjefm-71	202	83	-	-	SYM
arjefm-71	202	84	9416	9416	NUM
arjefm-71	202	85	impact	impact	NOUN
arjefm-71	202	86	factor	factor	NOUN
arjefm-71	202	87	:	:	PUNCT
arjefm-71	202	88	4.85	4.85	NUM
arjefm-71	202	89	journal	journal	NOUN
arjefm-71	202	90	homepage	homepage	NOUN
arjefm-71	202	91	:	:	PUNCT
arjefm-71	202	92	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	202	93	,	,	PUNCT
arjefm-71	202	94	email	email	NOUN
arjefm-71	202	95	:	:	PUNCT
arjefm-71	202	96	contact@americaserial.com	contact@americaserial.com	PROPN
arjefm-71	202	97	official	official	ADJ
arjefm-71	202	98	journal	journal	PROPN
arjefm-71	202	99	of	of	ADP
arjefm-71	202	100	america	america	PROPN
arjefm-71	202	101	serial	serial	PROPN
arjefm-71	202	102	publication	publication	NOUN
arjefm-71	202	103	american	american	PROPN
arjefm-71	202	104	research	research	PROPN
arjefm-71	202	105	journal	journal	PROPN
arjefm-71	202	106	of	of	ADP
arjefm-71	202	107	economics	economic	NOUN
arjefm-71	202	108	,	,	PUNCT
arjefm-71	202	109	finance	finance	NOUN
arjefm-71	202	110	and	and	CCONJ
arjefm-71	202	111	management	management	NOUN
arjefm-71	202	112	https://americaserial.com/journals/index.php/arjefm	https://americaserial.com/journals/index.php/arjefm	NOUN
arjefm-71	202	113	,	,	PUNCT
arjefm-71	202	114	email	email	NOUN
arjefm-71	202	115	:	:	PUNCT
arjefm-71	202	116	contact@americaserial.com	contact@americaserial.com	X
arjefm-71	203	1	28	28	NUM
arjefm-71	204	1	|	|	ADV
arjefm-71	204	2	p	p	X
arjefm-71	204	3	a	a	DET
arjefm-71	204	4	g	g	NOUN
arjefm-71	204	5	e	e	PROPN
arjefm-71	204	6	dollar	dollar	NOUN
arjefm-71	204	7	d.	d.	PROPN
arjefm-71	204	8	,	,	PUNCT
arjefm-71	204	9	kraay	kraay	PROPN
arjefm-71	204	10	,	,	PUNCT
arjefm-71	204	11	a.	a.	NOUN
arjefm-71	204	12	(	(	PUNCT
arjefm-71	204	13	2002	2002	NUM
arjefm-71	204	14	)	)	PUNCT
arjefm-71	204	15	growth	growth	NOUN
arjefm-71	204	16	is	be	AUX
arjefm-71	204	17	good	good	ADJ
arjefm-71	204	18	for	for	ADP
arjefm-71	204	19	the	the	DET
arjefm-71	204	20	poor	poor	ADJ
arjefm-71	204	21	,	,	PUNCT
arjefm-71	204	22	journal	journal	NOUN
arjefm-71	204	23	of	of	ADP
arjefm-71	204	24	economic	economic	ADJ
arjefm-71	204	25	growth,7(3	growth,7(3	PROPN
arjefm-71	204	26	)	)	PUNCT
arjefm-71	204	27	,	,	PUNCT
arjefm-71	204	28	195	195	NUM
arjefm-71	204	29	-	-	SYM
arjefm-71	204	30	225	225	NUM
arjefm-71	204	31	fielding	fielding	NOUN
arjefm-71	204	32	,	,	PUNCT
arjefm-71	204	33	d.	d.	PROPN
arjefm-71	204	34	(	(	PUNCT
arjefm-71	204	35	2002	2002	NUM
arjefm-71	204	36	)	)	PUNCT
arjefm-71	204	37	,	,	PUNCT
arjefm-71	204	38	the	the	DET
arjefm-71	204	39	macroeconomics	macroeconomic	NOUN
arjefm-71	204	40	of	of	ADP
arjefm-71	204	41	monetary	monetary	ADJ
arjefm-71	204	42	union	union	NOUN
arjefm-71	204	43	:	:	PUNCT
arjefm-71	204	44	analysis	analysis	NOUN
arjefm-71	204	45	of	of	ADP
arjefm-71	204	46	the	the	DET
arjefm-71	204	47	cfa	cfa	PROPN
arjefm-71	204	48	franc	franc	PROPN
arjefm-71	204	49	zone	zone	PROPN
arjefm-71	204	50	,	,	PUNCT
arjefm-71	204	51	routledge	routledge	PROPN
arjefm-71	204	52	,	,	PUNCT
arjefm-71	204	53	london	london	PROPN
arjefm-71	204	54	fielding	fielding	NOUN
arjefm-71	204	55	,	,	PUNCT
arjefm-71	204	56	d.(2003	d.(2003	NOUN
arjefm-71	204	57	)	)	PUNCT
arjefm-71	204	58	“	"	PUNCT
arjefm-71	204	59	economic	economic	ADJ
arjefm-71	204	60	integration	integration	NOUN
arjefm-71	204	61	in	in	ADP
arjefm-71	204	62	west	west	PROPN
arjefm-71	204	63	africa	africa	PROPN
arjefm-71	204	64	:	:	PUNCT
arjefm-71	204	65	does	do	AUX
arjefm-71	204	66	it	it	PRON
arjefm-71	204	67	make	make	VERB
arjefm-71	204	68	a	a	DET
arjefm-71	204	69	difference	difference	NOUN
arjefm-71	204	70	?	?	PUNCT
arjefm-71	204	71	”	"	PUNCT
arjefm-71	204	72	,	,	PUNCT
arjefm-71	204	73	mimeo	mimeo	NOUN
arjefm-71	204	74	,	,	PUNCT
arjefm-71	204	75	wider	wide	ADJ
arjefm-71	204	76	,	,	PUNCT
arjefm-71	204	77	united	united	PROPN
arjefm-71	204	78	nations	nations	PROPN
arjefm-71	204	79	university	university	PROPN
arjefm-71	204	80	,	,	PUNCT
arjefm-71	204	81	helsinki	helsinki	PROPN
arjefm-71	204	82	.	.	PUNCT
arjefm-71	205	1	fielding	fielding	PROPN
arjefm-71	205	2	,	,	PUNCT
arjefm-71	205	3	d.	d.	PROPN
arjefm-71	205	4	(	(	PUNCT
arjefm-71	205	5	2004	2004	NUM
arjefm-71	205	6	)	)	PUNCT
arjefm-71	205	7	how	how	SCONJ
arjefm-71	205	8	does	do	AUX
arjefm-71	205	9	monetary	monetary	ADJ
arjefm-71	205	10	policy	policy	NOUN
arjefm-71	205	11	affect	affect	VERB
arjefm-71	205	12	the	the	DET
arjefm-71	205	13	poor	poor	ADJ
arjefm-71	205	14	?	?	PUNCT
arjefm-71	206	1	evidence	evidence	NOUN
arjefm-71	206	2	from	from	ADP
arjefm-71	206	3	the	the	DET
arjefm-71	206	4	west	west	ADJ
arjefm-71	206	5	african	african	ADJ
arjefm-71	206	6	economic	economic	ADJ
arjefm-71	206	7	and	and	CCONJ
arjefm-71	206	8	monetary	monetary	ADJ
arjefm-71	206	9	unions	union	NOUN
arjefm-71	206	10	,	,	PUNCT
arjefm-71	206	11	journal	journal	NOUN
arjefm-71	206	12	of	of	ADP
arjefm-71	206	13	african	african	ADJ
arjefm-71	206	14	economies	economy	NOUN
arjefm-71	206	15	,	,	PUNCT
arjefm-71	206	16	13	13	NUM
arjefm-71	206	17	(	(	PUNCT
arjefm-71	206	18	4	4	NUM
arjefm-71	206	19	)	)	PUNCT
arjefm-71	206	20	,	,	PUNCT
arjefm-71	206	21	563	563	NUM
arjefm-71	206	22	-	-	SYM
arjefm-71	206	23	593	593	NUM
arjefm-71	206	24	honohan	honohan	NOUN
arjefm-71	206	25	p.	p.	NOUN
arjefm-71	206	26	(	(	PUNCT
arjefm-71	206	27	1992	1992	NUM
arjefm-71	206	28	)	)	PUNCT
arjefm-71	206	29	price	price	NOUN
arjefm-71	206	30	and	and	CCONJ
arjefm-71	206	31	monetary	monetary	ADJ
arjefm-71	206	32	convergence	convergence	NOUN
arjefm-71	206	33	in	in	ADP
arjefm-71	206	34	currency	currency	NOUN
arjefm-71	206	35	unions	union	NOUN
arjefm-71	206	36	:	:	PUNCT
arjefm-71	206	37	the	the	DET
arjefm-71	206	38	franc	franc	NOUN
arjefm-71	206	39	and	and	CCONJ
arjefm-71	206	40	rand	rand	NOUN
arjefm-71	206	41	zones	zone	NOUN
arjefm-71	206	42	,	,	PUNCT
arjefm-71	206	43	journal	journal	NOUN
arjefm-71	206	44	of	of	ADP
arjefm-71	206	45	international	international	ADJ
arjefm-71	206	46	money	money	NOUN
arjefm-71	206	47	and	and	CCONJ
arjefm-71	206	48	finance	finance	NOUN
arjefm-71	206	49	,	,	PUNCT
arjefm-71	206	50	11(4	11(4	NUM
arjefm-71	206	51	)	)	PUNCT
arjefm-71	206	52	,	,	PUNCT
arjefm-71	206	53	397	397	NUM
arjefm-71	206	54	-	-	SYM
arjefm-71	206	55	410	410	NUM
arjefm-71	206	56	.	.	PUNCT
arjefm-71	207	1	kennes	kenne	NOUN
arjefm-71	207	2	,	,	PUNCT
arjefm-71	207	3	w	w	PROPN
arjefm-71	207	4	(	(	PUNCT
arjefm-71	207	5	1997	1997	NUM
arjefm-71	207	6	)	)	PUNCT
arjefm-71	207	7	developing	develop	VERB
arjefm-71	207	8	countries	country	NOUN
arjefm-71	207	9	and	and	CCONJ
arjefm-71	207	10	regional	regional	ADJ
arjefm-71	207	11	integration	integration	NOUN
arjefm-71	207	12	the	the	DET
arjefm-71	207	13	courier	courier	NOUN
arjefm-71	207	14	acp	acp	PROPN
arjefm-71	207	15	-	-	PUNCT
arjefm-71	207	16	eu	eu	PROPN
arjefm-71	207	17	,	,	PUNCT
arjefm-71	207	18	no	no	INTJ
arjefm-71	207	19	.	.	NOUN
arjefm-71	207	20	165	165	NUM
arjefm-71	207	21	,	,	PUNCT
arjefm-71	207	22	6467	6467	NUM
arjefm-71	207	23	.	.	PUNCT
arjefm-71	207	24	available	available	ADJ
arjefm-71	207	25	at	at	ADP
arjefm-71	207	26	www.euforic.org/courier/165e_ken.htm	www.euforic.org/courier/165e_ken.htm	PROPN
arjefm-71	207	27	as	as	ADP
arjefm-71	207	28	of	of	ADP
arjefm-71	207	29	may	may	PROPN
arjefm-71	207	30	2007	2007	NUM
arjefm-71	207	31	.	.	PUNCT
arjefm-71	208	1	killick	killick	NOUN
arjefm-71	208	2	,	,	PUNCT
arjefm-71	208	3	t.	t.	PROPN
arjefm-71	208	4	,	,	PUNCT
arjefm-71	208	5	white	white	PROPN
arjefm-71	208	6	,	,	PUNCT
arjefm-71	208	7	h.	h.	PROPN
arjefm-71	208	8	(	(	PUNCT
arjefm-71	208	9	1999	1999	NUM
arjefm-71	208	10	)	)	PUNCT
arjefm-71	208	11	poverty	poverty	NOUN
arjefm-71	208	12	in	in	ADP
arjefm-71	208	13	africa	africa	PROPN
arjefm-71	208	14	:	:	PUNCT
arjefm-71	208	15	why	why	SCONJ
arjefm-71	208	16	economic	economic	ADJ
arjefm-71	208	17	growth	growth	NOUN
arjefm-71	208	18	will	will	AUX
arjefm-71	208	19	not	not	PART
arjefm-71	208	20	be	be	AUX
arjefm-71	208	21	enough	enough	ADJ
arjefm-71	208	22	,	,	PUNCT
arjefm-71	208	23	odi	odi	PROPN
arjefm-71	208	24	,	,	PUNCT
arjefm-71	208	25	london	london	PROPN
arjefm-71	208	26	.	.	PUNCT
arjefm-71	209	1	available	available	ADJ
arjefm-71	209	2	at	at	ADP
arjefm-71	209	3	http://www.odi.org.uk/speeches/killick.html	http://www.odi.org.uk/speeches/killick.html	PROPN
arjefm-71	209	4	as	as	ADP
arjefm-71	209	5	of	of	ADP
arjefm-71	209	6	may	may	PROPN
arjefm-71	209	7	2007	2007	NUM
arjefm-71	209	8	.	.	PUNCT
arjefm-71	210	1	mundell	mundell	PROPN
arjefm-71	210	2	,	,	PUNCT
arjefm-71	210	3	r.	r.	PROPN
arjefm-71	210	4	a.	a.	PROPN
arjefm-71	210	5	(	(	PUNCT
arjefm-71	210	6	1961	1961	NUM
arjefm-71	210	7	)	)	PUNCT
arjefm-71	210	8	african	african	ADJ
arjefm-71	210	9	currency	currency	NOUN
arjefm-71	210	10	problems	problem	NOUN
arjefm-71	210	11	in	in	ADP
arjefm-71	210	12	african	african	ADJ
arjefm-71	210	13	and	and	CCONJ
arjefm-71	210	14	monetary	monetary	ADJ
arjefm-71	210	15	integration	integration	NOUN
arjefm-71	210	16	,	,	PUNCT
arjefm-71	210	17	edited	edit	VERB
arjefm-71	210	18	by	by	ADP
arjefm-71	210	19	tremblay	tremblay	NOUN
arjefm-71	210	20	,	,	PUNCT
arjefm-71	210	21	r.	r.	PROPN
arjefm-71	210	22	,	,	PUNCT
arjefm-71	210	23	edition	edition	NOUN
arjefm-71	210	24	hrw	hrw	PROPN
arjefm-71	210	25	,	,	PUNCT
arjefm-71	210	26	montreal	montreal	PROPN
arjefm-71	210	27	,	,	PUNCT
arjefm-71	210	28	pp	pp	ADJ
arjefm-71	210	29	.	.	PUNCT
arjefm-71	211	1	363	363	NUM
arjefm-71	211	2	-	-	SYM
arjefm-71	211	3	368	368	NUM
arjefm-71	211	4	.	.	PUNCT
arjefm-71	212	1	masson	masson	PROPN
arjefm-71	212	2	,	,	PUNCT
arjefm-71	212	3	p.	p.	PROPN
arjefm-71	212	4	,	,	PUNCT
arjefm-71	212	5	pattillo	pattillo	PROPN
arjefm-71	212	6	,	,	PUNCT
arjefm-71	212	7	c.	c.	PROPN
arjefm-71	212	8	(	(	PUNCT
arjefm-71	212	9	2003	2003	NUM
arjefm-71	212	10	)	)	PUNCT
arjefm-71	212	11	monetary	monetary	ADJ
arjefm-71	212	12	union	union	NOUN
arjefm-71	212	13	in	in	ADP
arjefm-71	212	14	west	west	PROPN
arjefm-71	212	15	africa	africa	PROPN
arjefm-71	212	16	:	:	PUNCT
arjefm-71	212	17	an	an	DET
arjefm-71	212	18	agency	agency	NOUN
arjefm-71	212	19	of	of	ADP
arjefm-71	212	20	restraint	restraint	NOUN
arjefm-71	212	21	for	for	ADP
arjefm-71	212	22	fiscal	fiscal	ADJ
arjefm-71	212	23	policies	policy	NOUN
arjefm-71	212	24	?	?	PUNCT
arjefm-71	212	25	,	,	PUNCT
arjefm-71	212	26	journal	journal	NOUN
arjefm-71	212	27	of	of	ADP
arjefm-71	212	28	african	african	ADJ
arjefm-71	212	29	economies	economy	NOUN
arjefm-71	212	30	,	,	PUNCT
arjefm-71	212	31	11(3	11(3	NUM
arjefm-71	212	32	)	)	PUNCT
arjefm-71	212	33	,	,	PUNCT
arjefm-71	212	34	387	387	NUM
arjefm-71	212	35	-	-	SYM
arjefm-71	212	36	412	412	NUM
arjefm-71	212	37	polly	polly	NOUN
arjefm-71	212	38	,	,	PUNCT
arjefm-71	212	39	r	r	NOUN
arjefm-71	212	40	,	,	PUNCT
arjefm-71	212	41	(	(	PUNCT
arjefm-71	212	42	1976	1976	NUM
arjefm-71	212	43	)	)	PUNCT
arjefm-71	212	44	,	,	PUNCT
arjefm-71	212	45	organisation	organisation	NOUN
arjefm-71	212	46	and	and	CCONJ
arjefm-71	212	47	administration	administration	NOUN
arjefm-71	212	48	of	of	ADP
arjefm-71	212	49	a	a	DET
arjefm-71	212	50	monetary	monetary	ADJ
arjefm-71	212	51	union	union	NOUN
arjefm-71	212	52	,	,	PUNCT
arjefm-71	212	53	princeton	princeton	PROPN
arjefm-71	212	54	university	university	PROPN
arjefm-71	212	55	,	,	PUNCT
arjefm-71	212	56	new	new	PROPN
arjefm-71	212	57	jersey	jersey	PROPN
arjefm-71	212	58	ravallion	ravallion	PROPN
arjefm-71	212	59	,	,	PUNCT
arjefm-71	212	60	m.	m.	NOUN
arjefm-71	212	61	(	(	PUNCT
arjefm-71	212	62	1998	1998	NUM
arjefm-71	212	63	)	)	PUNCT
arjefm-71	212	64	,	,	PUNCT
arjefm-71	212	65	poverty	poverty	NOUN
arjefm-71	212	66	lines	line	NOUN
arjefm-71	212	67	in	in	ADP
arjefm-71	212	68	theory	theory	NOUN
arjefm-71	212	69	and	and	CCONJ
arjefm-71	212	70	practice	practice	NOUN
arjefm-71	212	71	,	,	PUNCT
arjefm-71	212	72	world	world	PROPN
arjefm-71	212	73	bank	bank	PROPN
arjefm-71	212	74	,	,	PUNCT
arjefm-71	212	75	washington	washington	PROPN
arjefm-71	212	76	dc	dc	PROPN
arjefm-71	212	77	.	.	PUNCT
arjefm-71	212	78	shortland	shortland	PROPN
arjefm-71	212	79	,	,	PUNCT
arjefm-71	212	80	a.	a.	NOUN
arjefm-71	212	81	,	,	PUNCT
arjefm-71	212	82	stasavage	stasavage	NOUN
arjefm-71	212	83	,	,	PUNCT
arjefm-71	212	84	d.	d.	PROPN
arjefm-71	212	85	(	(	PUNCT
arjefm-71	212	86	2004	2004	NUM
arjefm-71	212	87	)	)	PUNCT
arjefm-71	212	88	what	what	PRON
arjefm-71	212	89	determines	determine	VERB
arjefm-71	212	90	monetary	monetary	ADJ
arjefm-71	212	91	policy	policy	NOUN
arjefm-71	212	92	in	in	ADP
arjefm-71	212	93	the	the	DET
arjefm-71	212	94	franc	franc	NOUN
arjefm-71	212	95	zone	zone	NOUN
arjefm-71	212	96	?	?	PUNCT
arjefm-71	213	1	estimating	estimate	VERB
arjefm-71	213	2	a	a	DET
arjefm-71	213	3	reaction	reaction	NOUN
arjefm-71	213	4	function	function	NOUN
arjefm-71	213	5	for	for	ADP
arjefm-71	213	6	the	the	DET
arjefm-71	213	7	bceao	bceao	NOUN
arjefm-71	213	8	,	,	PUNCT
arjefm-71	213	9	journal	journal	NOUN
arjefm-71	213	10	of	of	ADP
arjefm-71	213	11	african	african	ADJ
arjefm-71	213	12	economies	economy	NOUN
arjefm-71	213	13	,	,	PUNCT
arjefm-71	213	14	13	13	NUM
arjefm-71	213	15	(	(	PUNCT
arjefm-71	213	16	4	4	NUM
arjefm-71	213	17	)	)	PUNCT
arjefm-71	213	18	,	,	PUNCT
arjefm-71	213	19	518	518	NUM
arjefm-71	213	20	-	-	SYM
arjefm-71	213	21	535	535	NUM
arjefm-71	213	22	white	white	ADJ
arjefm-71	213	23	,	,	PUNCT
arjefm-71	213	24	h.	h.	PROPN
arjefm-71	213	25	,	,	PUNCT
arjefm-71	213	26	anderson	anderson	PROPN
arjefm-71	213	27	,	,	PUNCT
arjefm-71	213	28	e.	e.	PROPN
arjefm-71	213	29	(	(	PUNCT
arjefm-71	213	30	2000	2000	NUM
arjefm-71	213	31	)	)	PUNCT
arjefm-71	213	32	growth	growth	NOUN
arjefm-71	213	33	versus	versus	ADP
arjefm-71	213	34	distribution	distribution	NOUN
arjefm-71	213	35	:	:	PUNCT
arjefm-71	213	36	does	do	VERB
arjefm-71	213	37	the	the	DET
arjefm-71	213	38	pattern	pattern	NOUN
arjefm-71	213	39	of	of	ADP
arjefm-71	213	40	growth	growth	NOUN
arjefm-71	213	41	matter	matter	NOUN
arjefm-71	213	42	?	?	PUNCT
arjefm-71	213	43	,	,	PUNCT
arjefm-71	213	44	ids	ids	PROPN
arjefm-71	213	45	,	,	PUNCT
arjefm-71	213	46	london	london	PROPN
arjefm-71	213	47	world	world	PROPN
arjefm-71	213	48	bank	bank	PROPN
arjefm-71	213	49	(	(	PUNCT
arjefm-71	213	50	2001	2001	NUM
arjefm-71	213	51	)	)	PUNCT
arjefm-71	213	52	,	,	PUNCT
arjefm-71	213	53	2001	2001	NUM
arjefm-71	213	54	world	world	NOUN
arjefm-71	213	55	development	development	NOUN
arjefm-71	213	56	indicators	indicator	NOUN
arjefm-71	213	57	,	,	PUNCT
arjefm-71	213	58	the	the	DET
arjefm-71	213	59	world	world	PROPN
arjefm-71	213	60	bank	bank	PROPN
arjefm-71	213	61	group	group	PROPN
arjefm-71	213	62	,	,	PUNCT
arjefm-71	213	63	washinton	washinton	PROPN
arjefm-71	213	64	,	,	PUNCT
arjefm-71	213	65	d.c	d.c	PROPN
arjefm-71	214	1	.	.	PUNCT
arjefm-71	214	2	mailto:contact@americaserial.com	mailto:contact@americaserial.com	PROPN
arjefm-71	214	3	mailto:contact@americaserial.com	mailto:contact@americaserial.com	X
arjefm-71	215	1	http://www.euforic.org/courier/165e_ken.htm	http://www.euforic.org/courier/165e_ken.htm	PROPN
arjefm-71	215	2	http://www.odi.org.uk/speeches/killick.html	http://www.odi.org.uk/speeches/killick.html	PROPN
