Currency Convertibility In The Economic Community Of West African States PDF Download
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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 | : 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 | : Marcelin Waly Diagne |
Publisher | : |
Total Pages | : 140 |
Release | : 2004 |
Genre | : Africa, West |
ISBN | : |
Download The Economic Community of West African States Book in PDF, ePub and Kindle
Author | : 貝詩瑪 |
Publisher | : |
Total Pages | : |
Release | : 2017 |
Genre | : |
ISBN | : |
Download Prospect of a Common Currency for the Economic Community of West African States : Lessons from the Eurozone Experience Book in PDF, ePub and Kindle
Author | : Paul R. Masson |
Publisher | : Rowman & Littlefield |
Total Pages | : 248 |
Release | : 2004-11-30 |
Genre | : Business & Economics |
ISBN | : 9780815797531 |
Download The Monetary Geography of Africa Book in PDF, ePub and Kindle
Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a s