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Author: Eswar Prasad Publisher: Brookings Institution Press ISBN: 0815738544 Category : Business & Economics Languages : en Pages : 203
Book Description
" Assessing the potential benefits and risks of a currency union 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 these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "
Author: Eswar Prasad Publisher: Brookings Institution Press ISBN: 0815738544 Category : Business & Economics Languages : en Pages : 203
Book Description
" Assessing the potential benefits and risks of a currency union 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 these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "
Author: Kofi Oteng Kufuor Publisher: Routledge ISBN: 1351887629 Category : Law Languages : en Pages : 305
Book Description
This book examines regional economic integration in West Africa within the context of the institutional evolution of the Economic Community of West African States (ECOWAS). It uses the tools of the New Institutional Economics School (NIE) to explore the origins and development of the most recent ECOWAS Treaty. Particular attention is given to the interface between domestic legal arrangements and the success of open markets at the regional and international levels.
Author: West African Economic Association. Conference Publisher: Vikas Publishing House Private ISBN: Category : Business & Economics Languages : en Pages : 606
Author: Peter Robson Publisher: Routledge ISBN: 113687724X Category : Business & Economics Languages : en Pages : 180
Book Description
This reissue, first published in 1983, is an authoritative study of economic integration among the states of West Africa, focusing upon the issues and experience of the four main initiatives for regional integration in West Africa, namely the Economic Community of West African States, the Mano River Union, the Communauté Economique de l’Afrique de l’Ouest, and the recent initiative for the establishment of an economic and monetary union between Senegal and the Gambia.
Author: Eswar Prasad
Author: Eswar Prasad
Author: Modupeola Irele
Author: Kofi Oteng Kufuor
Author: West African Economic Association. Conference
Author: Economic Community of West African States
Author: Ralph I. Onwuka
Author: Yakubu Gowon
Author: 
Author: Peter Robson
Author: Treaty of the Economic Community of West African States (ECOWAS)