Abstract
Abstract: This paper reviews various foreign exchange management and allocation systems in developing countries, with particular reference to recent experiences in Africa. In view of these experiences, it proposes an administrative system of exchange rate determination and foreign exchange distribution, through a competitive bidding process.Résumé: Cet aritcle qui passe en revue les différents systémes de gestion et d'allocation de devises ayant cours dans les pays en développement, a pour point focal l'expérience récente des pays africains dans ce domaine. En s'inspirant de cette expérience, l'auteur propose un systéme adiministratif permetant de déterminer le taus de change et de répartir les ressorces en devises parun processus d'appel à la concurrence.
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