Éditeur(s) : Inter-Research
Résumé : The species richness pattern of groundfish species in the entire northern Mediterranean Sea was examined at 3 spatial scales: region, large biogeographical zone and basin. We analysed 1914 trawl hauls collected using a single sampling design in the trawlable areas of the continental shelves between the Strait of Gibraltar and the Strait of Dardanelles (from 36.3 to 45.7 degrees N and 5.3 degrees W to 28 E). Spatial pattern in species diversity was assessed using complementary methods (Chao2 estimates of total species richness, mean species richness and beta diversity). No matter which scale was used, the expected longitudinally decreasing trend in species richness, which has been widely described in previous studies, did not appear when comparing estimates of total species richness per unit of area. Only the mean species richness pattern showed a moderate eastwards decrease at the largest spatial scale, but the trend progressively disappeared as the scale of analysis was reduced. In contrast to what is usually expected, our results suggest that Atlantic inflow does not play a key role in the present spatial pattern of fish species richness within the northern Mediterranean Sea. Furthermore, we show that the Aegean Sea can no longer be considered the least species-diverse zone in the northern Mediterranean Sea. Our results provide the first description of a quantitative 'reference state', with which the temporal changes in species richness patterns throughout the entire northern Mediterranean Sea can be compared in the future.
Marine Ecology Progress Series (0171-8630) (Inter-Research), 2007-07 , Vol. 341 , P. 191-203

Droits : 2007 Inter-Research
http://archimer.ifremer.fr/doc/2007/publication-3569.pdf
DOI:10.3354/meps341191
http://archimer.ifremer.fr/doc/00000/3569/

Éditeur(s) : HAL CCSD Public Library of Science
Résumé : International audience
Challenging evaluation of tropical forest biodiversity requires the reporting of taxonomic diversity but also the systematic characterization of wood properties in order to discover new promising species for timber industry. Among wood properties, the dimensional stability is regarded as a major technological characteristic to validate whether a wood species is adapted to commercial uses. Cell structure and organization are known to influence the drying shrinkage making wood density and microfibrils angle markers of choice to predict wood dimensional stability. On the contrary the role of wood extractive content remains unclear. This work focuses on the fast-growing tropical species Bagassa guianensis and we report herein a correlation between heartwood drying shrinkage and extractive content. Chemical extractions and shrinkage experiments were performed on separate wood twin samples to better evaluate correctly how secondary metabolites influence the wood shrinkage behaviour. Extractive content were qualitatively and quantitatively analysed using HPLC and NMR spectroscopy. We found that B guianensis heartwood has a homogeneous low shrinkage along its radius that could not be explained only by its basic density. In fact the low drying shrinkage is correlated to the high extractive content and a corrected model to improve the prediction of wood dimensional stability is presented. Additionally NMR experiments conducted on sapwood and heartwood extracts demonstrate that secondary metabolites biosynthesis occurs in sapwood thus revealing B. guianensis as a Juglans-Type heartwood formation. This work demonstrates that B. guianensis, a fast-growing species associated with high durability and high dimensional stability, is a good candidate for lumber production and commercial purposes.
ISSN: 1932-6203

hal-01392725
https://hal.archives-ouvertes.fr/hal-01392725
https://hal.archives-ouvertes.fr/hal-01392725/document
https://hal.archives-ouvertes.fr/hal-01392725/file/2016_BossuBeaucheneEstevezDuplaisClair_PlosOne_WoodDimentionalStabilityAndSecondaryMetabolites.pdf
DOI : 10.1371/journal.pone.0150777.s005

Éditeur(s) : Elsevier
Résumé : The gametogenic cycle and the reproductive effort of the blacklip pearl oyster, Pinctada margaritifera, cultivated in Takapoto lagoon were studied for a 1-year period (March 1997-April 1998) by bimonthly observations of gonadal sections, dry tissue weights and gonadal index in a population of pearl oyster composed of three age-groups. pearl oysters attained sexual maturity in the end of their first year (height approximate to 40 mm), implying that P. margaritifera is a late-maturing species in comparison with other Pteriidae. This species was also confirmed to be a marked protandrous successive hermaphrodite in culture, with 100 % of males at first maturity and 75 % in older pearl oyster (height > 120 mm). The general pattern of gametogenic activity, fairly synchronous in both sexes, was comparable with that of other tropical bivalves: reproduction occurs continuously throughout the year with a maximal activity during the warm season (November-May). No resting period was observed. Quantitative growth data showed that P. margaritifera exhibits an annual synchronised polymodal spawning pattern, with two spawning peaks in age-group I (height approximate to 70 mm) and five in age-groups II (height approximate to 100 mm) and III (height approximate to 120 mm). Spawning was sometimes incomplete, nevertheless a clear relationship between gamete production (P-R, g) and size (height H, mm) was obtained: P-R = 5.26 x 10(-7) H-2.91 (R-2 = 0.99, p < 0.05). Estimation of P-R was used to calculate the annual reproductive effort in P. margaritifera. Reproductive effort (%) was similar to those calculated for temperate species and showed a progressive increase with the age of pearl oyster, from 7 % in age-group I to 38 % in age-group III. This study showed that, in a fairly stable tropical environment such as the Takapoto lagoon, P. margaritifera is a multiple spawner, which uses an opportunistic reproductive strategy, allowing investment all year around, of any surplus energy into gamete production. Surplus energy is ensured by the high pumping rates developed by this non-symbiotic bivalve to succeed in low seston conditions. (C) 2000 Ifremer/Cnrs/Inra/Ird/Cemagref/Editions scientifiques et medicales Elsevier SAS.
Le cycle et l'effort de reproduction de l'huître perlière à lèvres noires, Pinctada margaritifera, cultivée dans le lagon de Takapoto, ont été étudiés sur une période annuelle (de mars 1997 à avril 1998), par un suivi bimensuel des stades de maturation et des indices gonadiques, sur une population en élevage composée de trois groupes d'âge (1, 2 et 3 ans). Cette étude a confirmé que P. margaritifera est une espèce qui se reproduit tardivement par rapport aux autres Ptériidés (elle atteint sa maturité sexuelle à la fin de sa première année, pour une hauteur approximative de 40 mm). Par ailleurs, elle présente, en élevage, une protandrie marquée (100 % de mâles à première maturité, 75 % pour des huîtres âgées de trois ans). Le schéma général de sa gamétogenèse, relativement synchrone dans les deux sexes, est comparable à celui des autres bivalves tropicaux : la reproduction est quasiment continue (aucune période de repos sexuel) avec une activité accrue en saison chaude (de novembre à mai). L'analyse des variations du poids de la gonade suggère l'existence de deux pics d'émission de gamètes chez les huîtres de un an et cinq pics chez les huîtres de 2 et 3 ans (cycle de reproduction de type polymodal). Bien que ces émissions de gamètes soient parfois incomplètes, une relation entre la production de gamètes (PR, en g) et la taille de l'huître perlière (hauteur, H, en mm) a été établie : PR = 5,26 x 10-7 H2,91 (R2 = 0,99, p < 0,05). Ces résultats ont permis de calculer l'effort de reproduction de P. margaritifera à Takapoto et sur un bilan annuel : il augmente avec l'âge de l'huître perlière de 7 % pour le groupe d'âge I à 38% pour le groupe d'âge III. Ces valeurs annuelles sont similaires à celles calculées chez les bivalves de milieux tempérés. Cette étude a donc montré que, dans un environnement tropical assez stable tel que celui du lagon de Takapoto, P. margaritifera présente une reproduction continue, avec plusieurs pics d'émission de gamètes par an. Cette stratégie « opportuniste » permet l'investissement, de tout surplus d'énergie en production de gamètes, tout au long de l'année. Malgré la faible concentration du milieu en nourriture, ces surplus d'énergie sont assurés par les fortes capacités de filtration développées par cette espèce tropicale non-symbiotique.
Aquatic Living Resources (0990-7440) (Elsevier), 2000 , Vol. 13 , N. 1 , P. 37-48

Droits : 2000 Ifremer/Cnrs/Inra/Ird/Cemagref/Éditions scientifiques et médicales Elsevier SAS
http://archimer.ifremer.fr/doc/2000/publication-1391.pdf
DOI:10.1016/S0990-7440(00)00135-2
http://archimer.ifremer.fr/doc/00000/1391/

Éditeur(s) : HAL CCSD Oxford University Press (OUP)
Résumé : International audience
Are bisphenol A (BPA) and BPA analogs (BPA-A) safe for male human reproductive function? The endocrine function of human testes explants [assessed by measuring testosterone and insulin-like factor 3 (INSL3)] was impacted by exposure of the human adult testis explants to BPA/BPA-A. The few epidemiologic studies performed suggest that bisphenols have potential endocrine disruptive properties, but they did not identify clear and direct patterns of endocrine disruption. Adult human testis explants in culture were exposed to BPA and the analogs bisphenol F (BPF), bisphenol S (BPS), bisphenol E (BPE), bisphenol B (BPB) and bisphenol A diglycidyl ether (BADGE) at 10(-9)-10(-5) M for 24 or 48 h. Human adult testes were obtained from prostate cancer patients who had no hormone therapy, or from multiorgan donors. After ex vivo exposure to the investigated bisphenols, the measured outcomes were related to histopathology (gross morphology and germ cell viability determined by anti-caspase three immunohistochemistry), and the levels of testosterone, INSL3 and inhibin B were measured using immunoassays. The levels of mRNA encoding key enzymes of bisphenol biotransformation were investigated by quantitative PCR: UGT2B15 UDP (glucuronosyltransferase two family, polypeptide B15), GUSB (glucuronidase beta), SULT1A1 and 3 (sulfotransferase family 1 A member 1 and 3) and STS (steroid sulfatase). A significant dose-dependent inhibition was found between testosterone levels measured in the culture medium and concentrations of BPA (P = 0.00778 at 24 h and P = 0.0291 at 48 h), BPE (P = 0.039) and BPF (P = 0.00663). The observed BPA and BPA-A-induced inhibition of testosterone production varied according to duration of exposure and BPA/BPA-A concentrations. BPA (10(-9) M; P < 0.05), BPB (10(-9) M; P < 0.05), BPS (10(-9) and 10(-8) M; P < 0.05) and BADGE (10(-5) M; P < 0.05) increased Leydig cell INSL3 production. By contrast, BPE dose dependently inhibited INSL3 (P = 0.0372). Conversely, Sertoli cell function (inhibin B) and germ cell viability were not significantly affected by either bisphenols. N/A. Environmental compounds cannot be deliberately administered to men, justifying the use of an ex vivo approach. A relatively low number of testes samples were available for analysis (n = 3, except for testosterone secretion with n = 5). The active concentrations of BPA and BPA-A used in the study were higher than those found in human biological fluids. Under our experimental conditions, direct exposure to BPA or BPA-A can result in endocrine disturbance in the adult human testis.
ISSN: 0268-1161

hal-01578582
https://hal-univ-rennes1.archives-ouvertes.fr/hal-01578582
https://hal-univ-rennes1.archives-ouvertes.fr/hal-01578582/document
https://hal-univ-rennes1.archives-ouvertes.fr/hal-01578582/file/Parallel%20assessment%20of%20the%20effects%20of%20bisphenol%20A_accepted.pdf
DOI : 10.1093/humrep/dex093

Éditeur(s) : Amer Geophysical Union
Résumé : Seismic noise is an indirect source of information on ocean waves. Using a model of noise generation and propagation, seismic stations can be separated into those that are mostly sensitive to local sea states, and those that integrate sources from a large oceanic area. The model also provides a classification of noise-generating sea states into three classes. The analysis of Central California seismic noise data, well correlated with local waves, reveals that class I events dominate in summer, caused by a single wind-sea system, and for which ocean wave spectral levels are proportional to seismic spectral levels to an exponent b similar or equal to 0.9. In winter, noise is dominated by class II generation, for which coastal reflection is important, with a wave spectral density roughly proportional to the seismic spectral density to an exponent b similar or equal to 0.7. Sporadic events of class III probably produce some of the strongest noise events in Central California and need to be properly screened. These events are caused by opposed wave systems that are usually the wind-sea and a swell. This noise classification can be used to improve on the correlation between measured and estimated wave heights(up to r = 0.93 for daily averages). For other locations, where remote oceanic sources are recorded, a significant wave height estimated from the seismic noise compares well with area-averaged satellite data or wave model results(r > 0.85 for daily averages). These analyses pave the way for quantitative uses of seismic records, including the reconstruction of past wave climates, and the calibration of wave hindcasts.
Journal Of Geophysical Research-oceans (0148-0227) (Amer Geophysical Union), 2012-05 , Vol. 117 , N. C05002 , P. 19 pp.

Droits : 2012 AGU
http://archimer.ifremer.fr/doc/00083/19443/17051.pdf
DOI:10.1029/2011JC007449
http://archimer.ifremer.fr/doc/00083/19443/

Éditeur(s) : HAL CCSD Elsevier
Résumé : International audience
The modern high topography of the Tianshan resulted from the reactivation of a Paleozoic orogenic belt by the India/Asia collision. Today, the range exhibits tectonically active forelands and intermontane basins. Based on quantitative morphotectonic observations and age constraints derived from cosmogenic 10Be dating, single-grain post-infrared infrared stimulated luminescence (p-IR IRSL) dating and modeling of fault scarp degradation, we quantify the deformation in the Nalati and Bayanbulak intermontane basins in the central Eastern Tianshan. Our results indicate that at least 1.4 mm/yr of horizontal crustal shortening is accommodated within these two basins. This shortening represents over 15% of the 8.5 ± 0.5 mm/yr total shortening rate across the entire range at this longitude. This shortening rate implies that the Eastern Central Tianshan is thickening at a mean rate of ∼1.4 mm/yr, a rate that is significantly higher than the average denudation rate of 0.14 mm/yr derived from our cosmogenic analysis. This discrepancy suggests that the Tianshan range has not yet reached a steady-state topography and remains in a transient state of topographic growth, most likely due to limited denudation rates driven by the arid climate of Central Asia.
ISSN: 0012-821X

insu-01610154
https://hal-insu.archives-ouvertes.fr/insu-01610154
DOI : 10.1016/j.epsl.2017.09.025

Éditeur(s) : HAL CCSD Wiley-Blackwell
Résumé : International audience
Abstract Numerous freshwater species are consumed or exploited through artisanal fisheries in the rivers of the islands of Guadeloupe, French West Indies. Autochthonous production of organic matter is limited in these flowing rivers and is mainly represented by scarce filamentous green algae and an abundant epilithic biofilm growing on wet stones in the river bed. Stable isotope analysis was used to quantify the relative importance of biofilm and other riverine allochthonous and autochthonous food sources in the diet of tropical shrimps (Palaemonidae, Atyidae and Xiphocarididae) and fishes (Gobiidae and Eleotridae) consumed by the local people. The epilithic biofilm was exploited by most species, constituted an important source of autochthonous carbon and was an important source of organic matter production at the base of freshwater food webs in Caribbean rivers. Biofilm percentages in the diet reached 32% for molluscs, 85% for atyid shrimps, 29% for xiphocaridid shrimps, 14% for palaemonid shrimps and 13% for fish. Assessment of biofilm in nine rivers showed that blue and red cyanobacteria were quantitatively dominant with a moderately rich diatom flora. These results address the interactions between river biofilm and Caribbean freshwater fauna where trophic links between consumers and their potential resources have poorly been documented.
ISSN: 0969-997X

hal-00744809
https://hal.univ-antilles.fr/hal-00744809
DOI : 10.1111/j.1365-2400.2010.00767.x

Éditeur(s) : Agrocampus-ouest
Résumé : Quantitative evaluations of management measure impact on resource and fleet viability are required to provide diagnostics and feed decision process. Fisheries are complex systems where numerous dynamics interact at various spatial and temporal scales. This complexity and the difficulty to observe marine systems are responsible for the high uncertainty surrounding fishery functioning that makes it hard to identify adequate management measures. The increasing consideration of uncertainties in diagnostics argues in favor of robust management measures rather than optimal management measures. Identifying robust management measures requires the development of models that account for complexity and uncertainty in the description and prediction of management impact as well as the identification of synthetic descriptors (indicators) of the state and dynamic of the system. The aim of this work is to propose generic methodologies for developing such tools. The methodological developments are applied to the pelagic fishery of the bay of Biscay. This fishery mainly focused on anchovy and was highly impacted by fishing ban on this species since 2005. Causes for anchovy drop in biomass either environmental or due to fishing are poorly understood, making management decision much harder in a critical environmental and economic context. The adequacy of traditional management using TAC is questioned and additional spatial management measures are proposed.
Des évaluations quantitatives de l’impact de mesures de gestion sur les ressources et la viabilité des flottilles sont nécessaires pour établir des diagnostics et pour fournir des éléments d’orientation pour la gestion des pêcheries. Les pêcheries sont des systèmes complexes mettant en œuvre de nombreuses dynamiques à des échelles de temps et d’espace très variables et interagissant très fortement entre elles. Cette complexité et la difficulté d’observer les systèmes marins, conduit à une grande incertitude sur leur fonctionnement qui rend difficile la détermination des mesures de gestion adaptées. La reconnaissance de ces incertitudes, plaide de plus en plus en faveur d’une gestion robuste plutôt qu’optimale. Déterminer la robustesse des mesures de gestion nécessite le développement de modèles de description et de prédiction capable d’intégrer la complexité et l’incertitude du système, ainsi que d’outils de description synthétiques (indicateurs) de l’état et de la dynamique de la pêcherie à partir d’observations. L’objectif de ce travail est de proposer des méthodes génériques pour le développement de tels outils. Ces développements méthodologiques sont appliqués à la pêcherie pélagique du golfe de Gascogne. Cette pêcherie ciblant principalement l’anchois a été fortement perturbée par la fermeture de la pêche à cette espèce en 2005. Le déterminisme environnemental et le rôle de la pêche dans le déclin de la population d’anchois sont mal compris ce qui rend difficile la prise de décision dans un contexte économique et écologique critique. La gestion traditionnelle par TAC pourrait s’avérer insuffisante pour permettre l’exploitation durable et des mesures spatialisées sont envisagées en complément.

Droits : 2010 The Author, UEB
http://archimer.ifremer.fr/doc/00025/13630/10712.pdf
http://archimer.ifremer.fr/doc/00025/13630/

Éditeur(s) : HAL CCSD Elsevier
Résumé : International audience
Fault friction is a parameter that is difficult to assess along fault zones since its determination depends on the knowledge of any factor controlling the state of stress around faults. In brittle homogeneous rocks, a limited number of these factors, such as the shape of the fault surface, the vicinity of fault tips or the remote stress ratio, are crucial to constrain for this determination. In this paper, we propose to analyse a field example in which all these properties are met and where the nature of the slipped structure suggest differences in static friction. We compare the orientations of branching fractures at strike-slip relay zones between en echelon stylolites and en echelon joints both reactivated in shear. The field data are compared with both photoelastic and 3-D numerical models that consider the remote stress conditions and the role of the geometry of the strike-slip segments. Based on field observations, these analyses quantitatively demonstrate the significant role of fault friction on the local stress field orientation and subsequent fracture formation. This work points out that estimations of fault friction based on analyses of fracture patterns or in situ stresses must be accompanied with a thorough investigation of the 3-D fault shape, its segmentation and the remote stress state.
ISSN: 0191-8141

hal-00560999
https://hal.archives-ouvertes.fr/hal-00560999
DOI : 10.1016/j.jsg.2010.01.008

Éditeur(s) : HAL CCSD Elsevier
Résumé : International audience
ISSN: 0362-546X

hal-00816761
https://hal.univ-antilles.fr/hal-00816761
DOI : 10.1016/0362-546X(93)90065-Z

Éditeur(s) : HAL CCSD Elsevier Masson
Résumé : International audience
The maintenance in the long run of a positive carbon balance under very low irradiance is a prerequisite for survival of tree seedlings below the canopy or in small gaps in a tropical rainforest. To provide a quantitative basis for this assumption, experiments were carried out to determine whether construction cost (CC) and payback time for leaves and support structures, as well as leaf life span (i) differ among species and (ii) display an irradiance-elicited plasticity. Experiments were also conducted to determine whether leaf life span correlates to CC and payback time and is close to the optimal longevity derived from an optimization model. Saplings from 13 tropical tree species were grown under three levels of irradiance. Specific-CC was computed, as well as CC scaled to leaf area at the metamer level. Photosynthesis was recorded over the leaf life span. Payback time was derived from CC and a simple photosynthesis model. Specific-CC displayed only little interspecific variability and irradiance-elicited plasticity, in contrast to CC scaled to leaf area. Leaf life span ranged from 4 months to >26 months among species, and was longest in seedlings grown under lowest irradiance. It was always much longer than payback time, even under the lowest irradiance. Leaves were shed when their photosynthesis had reached very low values, in contrast to what was predicted by an optimality model. The species ranking for the different traits was stable across irradiance treatments. The two pioneer species always displayed the smallest CC, leaf life span, and payback time. All species displayed a similar large irradiance-elicited plasticity.
ISSN: 1631-0691

hal-01095975
https://hal-agroparistech.archives-ouvertes.fr/hal-01095975
DOI : 10.1016/j.crvi.2011.01.007

Éditeur(s) : HAL CCSD PeerJ
Résumé : International audience
The adaptative bleaching hypothesis (ABH) states that, depending on the symbiotic flexibility of coral hosts (i.e., the ability of corals to ''switch'' or ''shuffle'' their algal symbionts), coral bleaching can lead to a change in the composition of their associated Symbiodinium community and, thus, contribute to the coral's overall survival. In order to determine the flexibility of corals, molecular tools are required to provide accurate species delineations and to detect low levels of coral-associated Symbiodinium. Here, we used highly sensitive quantitative (real-time) PCR (qPCR) technology to analyse five common coral species from Moorea (French Polynesia), previously screened using only traditional molecular methods, to assess the presence of low-abundance (background) Symbiodinium spp. Similar to other studies, each coral species exhibited a strong specificity to a particular clade, irrespective of the environment. In addition, however, each of the five species harboured at least one additional Symbiodinium clade, among clades A–D, at background levels. Unexpectedly, and for the first time in French Polynesia, clade B was detected as a coral symbiont. These results increase the number of known coral-Symbiodinium associations from corals found in French Polynesia, and likely indicate an underestimation of the ability of the corals in this region to associate with and/or ''shuffle'' different Symbiodinium clades. Altogether our data suggest that corals from French Polynesia may favor a trade-off between optimizing symbioses with a specific Symbiodinium clade(s), maintaining associations with particular background clades that may play a role in the ability of corals to respond to environmental change. How to cite this article Rouzé et al. (2017), An updated assessment of Symbiodinium spp. that associate with common scleractinian corals from Moorea (French Polynesia) reveals high diversity among background symbionts and a novel finding of clade B.
ISSN: 2167-8359

Droits : info:eu-repo/semantics/OpenAccess
hal-01430294
https://hal-sde.archives-ouvertes.fr/hal-01430294
https://hal-sde.archives-ouvertes.fr/hal-01430294/document
https://hal-sde.archives-ouvertes.fr/hal-01430294/file/Rouze-2017-PeerJ-Updated.pdf
DOI : 10.7717/peerj.2856

Résumé : A partir de 1996 pour combattre une inflation galopante, Haïti a mis en place une politique de ciblage de la masse monétaire avec un objectif d’inflation. La forte inflation a pris naissance dans l’accumulation du déficit budgétaire et le financement monétaire de celui-ci par le seigneuriage. Cette pratique du financement par l’impôt inflationniste engendre donc un problème de crédibilité, en dépit de la double circulation monétaire caractérisée par un niveau élevé de dollarisation de l’économie qui a atteint 50% dès 2004. La politique monétaire mise en œuvre vise à éviter le biais inflationniste et différentes approches pour améliorer la crédibilité ont été considérées. La crise économique commencée en 2007 dans les pays développés, est née de l’instabilité des marchés financiers et a obligé la mise en place de politique monétaire non conventionnelle afin d’éviter la trappe de liquidité. Cette crise a donné lieu à une accumulation de réserves internationales et un faible taux d’intérêt dans les économies des pays émergents et les économies des pays sous-développés. Il devenait évident que le fondement théorique de la stratégie de politique monétaire demeure la recherche à la fois de la stabilité monétaire et la stabilité des marchés financiers afin de conserver la crédibilité et l’efficacité de la politique monétaire des banques centrales. L’utilisation abusive faite par la FED aux USA de l’assouplissement quantitatif, fait craindre une crise de la dette souveraine des Etats, la création de bulle spéculative, et un retour à la récession. Avec le cas d’Haïti, les anticipations ne sont pas rationnelles à cause des erreurs de prévisions. Une analyse jointe des taux des banques, en utilisant un modèle VECM, ne nous a pas permis de trouver un taux d’équilibre de long terme entre eux. Le test de Seo conclu que les chocs ont affecté la dynamique de ces taux. Les accords avec le FMI ont permis une très faible amélioration de l’efficacité de la politique monétaire avec l’accumulation de réserves dans la foulée de la crise qui a démarré en 2007.
Since 1996 in order to fight inflation, Haiti put in place a monetary policy targeting money supply with inflation target. Inflation high gets started from budget deficit accumulation and monetary financing by seigniorage. This practice of financing by inflationary taxes implies a problem of credibility of monetary policy even with a double monetary circulation and a dollarization of the economy reaching 50% since 2004. The monetary policy implementation aims to avoid inflation bias and different approaches for improving credibility has been considered. The economic crisis started in 2007 created by the instability of the financial markets, forced the establishment of non-conventional monetary policy to avoid the liquidity trap. This crisis has resulted in an accumulation of international reserves and low interest rate in emerging economies and the economies of underdeveloped countries. It became more and more evident that the theoretical basis of the monetary policy strategy remains looking for both, monetary stability and the stability of the financial markets, in order to maintain the credibility and efficiency of the monetary policy of central banks. The misuse made by the FED in the USA of quantitative easing, rise concerns about a crisis of sovereign debt of the Sates, the creation of speculative bubble, and a possible return to the recession. With the case of Haiti, the expectations are not rationales because of forecast errors. A joint analysis of banks interests’ rates using a VECM model has not enabled us to find a long run equilibrium rate between them. The Seo test concluded that chocks affect the dynamic of both rates. The agreements with the IMF allowed improving weakly the monetary policy efficiency with the accumulation of international reserves in the wake of the crisis which started in 2007.

http://www.theses.fr/2013AGUY0701/document