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Regional Economic Integration in West AfricaPolicy Coordination Framework for the Proposed Monetary Union in ECOWAS

Regional Economic Integration in West Africa: Policy Coordination Framework for the Proposed... [There is no doubt that regional economic integration and eventual monetary union would be generally beneficial to the economies of West Africa. Each country in the sub-region conceptualizes and implements its own monetary, fiscal and exchange rate policies, among others. There have been attempts in recent years by some countries to design such policies in line with efforts to meet both primary and secondary criteria for convergence. However, these policies seem not to be properly coordinated. They remain country specific and focused thus defeating the essence of moving towards a monetary union.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Regional Economic Integration in West AfricaPolicy Coordination Framework for the Proposed Monetary Union in ECOWAS

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Publisher
Springer International Publishing
Copyright
© Springer International Publishing Switzerland 2014
ISBN
978-3-319-01281-0
Pages
59 –77
DOI
10.1007/978-3-319-01282-7_3
Publisher site
See Chapter on Publisher Site

Abstract

[There is no doubt that regional economic integration and eventual monetary union would be generally beneficial to the economies of West Africa. Each country in the sub-region conceptualizes and implements its own monetary, fiscal and exchange rate policies, among others. There have been attempts in recent years by some countries to design such policies in line with efforts to meet both primary and secondary criteria for convergence. However, these policies seem not to be properly coordinated. They remain country specific and focused thus defeating the essence of moving towards a monetary union.]

Published: Oct 18, 2013

Keywords: Monetary union; ECOWAS; Policy coordination

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