| Titre : | Regional integration in West Africa : is there a role for a single currency ? |
| Auteurs : | Eswar Prasad ; Eswar Prasad, Auteur ; Vera Songwe, Auteur |
| Type de document : | Ouvrages |
| Editeur : | Washington : Brookings Institution, 2021 |
| ISBN/ISSN/EAN : | 978-0-8157-3853-4 |
| Format : | 1 vol. (191 p.) |
| Langues: | Anglais |
| Catégories : |
[Eurovoc] ÉCONOMIE > analyse économique > analyse économique > macroéconomie [Eurovoc] ÉCONOMIE > politique économique > politique économique > intégration économique [Eurovoc] FINANCES > économie monétaire > marché monétaire > monnaie [Eurovoc] FINANCES > économie monétaire > politique des changes > taux de change [Eurovoc] FINANCES > économie monétaire > politique monétaire [Eurovoc] FINANCES > relations monétaires > relation monétaire > union monétaire [Eurovoc] GÉOGRAPHIE > Afrique > Afrique subsaharienne > Afrique occidentale |
| Tags : | equilibrium analysis |
| Résumé : | Note de l'éditeur : "Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All of these potential negatives must be considered carefully by ECOWAS leaders seeking to meet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now underway about how ECOWAS could achieve and manage its currency union, and the ramifications for the African continent"-- |
| Note de contenu : |
Introduction and Overview --
Basic Analytical Considerations -- Integration through Trade -- Macroeconomic and Structural Convergence -- Exchange Rate and Monetary Policy Regimes -- Illustrative Monetary Policy Rules -- Institutional Framework, Policy Coordination -- The Path Forward. |
Exemplaires (1)
| Code-barres | Cote | Support | Localisation | Section | Disponibilité |
|---|---|---|---|---|---|
| 007534 | FB 497 | Livre | Centre de documentation du CERDI / Ecole d'Economie | Salle de lecture | Disponible |
