Currency Convertability In The Economic Community Of West Africa States PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Currency Convertability In The Economic Community Of West Africa States PDF full book. Access full book title Currency Convertability In The Economic Community Of West Africa States.
Author | : Mr.Saleh M. Nsouli |
Publisher | : International Monetary Fund |
Total Pages | : 56 |
Release | : 1982-08-16 |
Genre | : Business & Economics |
ISBN | : 9781557750594 |
Download Currency Convertibility in the Economic Community of West African States Book in PDF, ePub and Kindle
One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be achieved partly through the elimination of quantitive and other restrictions on trade.
Author | : John B. McLenaghan |
Publisher | : |
Total Pages | : 46 |
Release | : 1982 |
Genre | : |
ISBN | : |
Download Currency convertibility in the economic community of west African states Book in PDF, ePub and Kindle
Author | : Chibuike U. Uche |
Publisher | : |
Total Pages | : 50 |
Release | : 2001 |
Genre | : Africa, French-speaking, West |
ISBN | : |
Download The Politics of Monetary Sector Cooperation Among the Economic Community of West African States Members Book in PDF, ePub and Kindle
Meaningful regional integration among West African states is critical if the Economic Community of West African States (ECOWAS) is ever going to be be able to tackle civil wars, economic crises, and natural disasters in the region. France's support is essential for the development of a meaningful ECOWAS. Francophone West African countries face a choice betwwen closer ties with France, which has provided development aid, ensured currency convertibility, and guaranteed monetary stability in these francophone countries -- and closer ties with Nigeria [which has done none of the above for itself, much less for its neighbors, and has a different agenda from France].
Author | : J. B. McLenaghan |
Publisher | : |
Total Pages | : |
Release | : 1982 |
Genre | : |
ISBN | : |
Download Currency Convertability in the Economic Community of West Africa States Book in PDF, ePub and Kindle
Author | : Mr.Saleh M. Nsouli |
Publisher | : International Monetary Fund |
Total Pages | : 204 |
Release | : 1996-11-05 |
Genre | : Business & Economics |
ISBN | : 9781557755643 |
Download Currency Convertibility in the Middle East and North Africa Book in PDF, ePub and Kindle
Currency convertibility is a far-reaching instrument to facilitate integration into the global economy. With it a country can gain the benefits of increased freedom in capital movements and of fostering trade and financial linkages worldwide. A seminar sponsored by the Arab Monetary Fund and the IMF, held in Marrakesh, Morocco, discussed the theoretical and empirical aspects of currency convertibility in the Arab countries. The volume, edited by Manuel Guitián and Saleh M. Nsouli, reproduces the papers presented at the seminar.
Author | : Eric Ogho Imene |
Publisher | : GRIN Verlag |
Total Pages | : 4 |
Release | : 2020-02-03 |
Genre | : Business & Economics |
ISBN | : 3346107221 |
Download Unified West African currency versus the Euro Book in PDF, ePub and Kindle
Essay from the year 2020 in the subject Economics - Monetary theory and policy, , language: English, abstract: The need for a unified currency for West African countries is borne out of its many years of economic ties since the formation of the Economic Community of West African States ECOWAS on 28 May 1975 through a Treaty signed in Lagos Nigeria. Nigerian Head of State Yakubu Gowon was the first President of ECOWAS between 28 May 1975 and 29 July 1975 ECOWAS has 15 member states as at February 2017. There are 5 English-speaking, 8 French-speaking, and two Portuguese-speaking members. The countries within the bloc occupy an area of 5,114,162 km2 and an estimated population of over 350 million. The main goal of the bloc is to achieve “collective self-sufficiency” through the formation and preservation of a common trade block and the maintenance of a joint peacekeeping force for regional stability. Peacekeeping efforts were successfully carried out in Ivory Coast in 2003, Liberia in 2003, Guinea-Bissau in 2012, Mali in 2013 and there was an intervention in Gambia in 2017 that forestalled impending crises. The operations of ECOWAS are implemented in three cooperating languages— English, French and Portuguese
Author | : Oze Marie Pascale Djessou |
Publisher | : |
Total Pages | : 188 |
Release | : 2018 |
Genre | : Africa |
ISBN | : |
Download A Common Currency for Countries Within the Economic Community of West African States Book in PDF, ePub and Kindle
Author | : S. Tomori |
Publisher | : |
Total Pages | : 28 |
Release | : 1990 |
Genre | : Africa, West |
ISBN | : |
Download Towards Monetary Co-operation in West Africa Book in PDF, ePub and Kindle
Author | : Moritz Becker |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : |
ISBN | : |
Download The Case of Monetary Union in West Africa: Would One Currency Fit All? An Empirical Investigation of the Feasibility of the Proposed Common Currency for the ECOWAS Book in PDF, ePub and Kindle
In recent years, there has been a notable increase in the efforts to establish a monetary union within the Economic Community of West African States (ECOWAS). Initially scheduled for implementing a common currency in 2003, ECOWAS had agreed to introduce a common currency called the Eco by 2020. However, due to the COVID-19 pandemic, the implementation of the Eco currency was postponed until 2027. This study adds to the existing research on the feasibility of the Eco as a common currency for ECOWAS. It adopts the framework proposed by Bayoumi and Eichengreen (1997) to operationalize the Optimal Currency Area (OCA) theory. Using OLS estimation, the study models the relationship between OCA conditions and the bilateral nominal exchange rate volatility (BNER) among West African countries from 2000 to 2021. The study's findings indicate that the Eco could be considered feasible for the countries within the West African Economic and Monetary Union (WAEMU) and Cape Verde, The Gambia, Guinea, and Sierra Leone. However, Ghana and especially Nigeria do not meet the OCA conditions to the same extent as the other countries. Consequently, an immediate monetary union encompassing all ECOWAS member countries may not be feasible. Nevertheless, the study's policy implications strongly advocate for a gradual integration approach, similar to the Economic and Monetary Union of the European Union (EMU).
Author | : Gilles Dufrénot |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : |
ISBN | : |
Download West African Single Currency and Competitiveness Book in PDF, ePub and Kindle
This paper compares different nominal anchors to promote internal and external competitiveness in the case of a fixed exchange rate regime for the future single regional currency of the Economic Community of the West African States (ECOWAS). We use counterfactual analyses and estimate a model of dependent economy for small commodity exporting countries. We consider four foreign anchor currencies: the US dollar, the euro, the yen and the yuan. Our simulations show little support for a dominant peg in the ECOWAS area if they pursue several goals: maximizing the export revenues, minimizing their variability, stabilizing them and minimizing the real exchange rate misalignments from the fundamental value.