Macroeconomic Shocks and Trade Flows within Sub-Saharan Africa : Implications for Optimum Currency Arrangements /

Africa has more countries than any other continent, and hence the largest number of potential monetary and exchange rate arrangements. This paper looks at whether the existing highly fractured monetary arrangements in Sub-Saharan Africa correspond to what might be expected from the theory of optimum...

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Detalhes bibliográficos
Autor principal: Bayoumi, Tamim
Outros Autores: Ostry, Jonathan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1995.
coleção:IMF Working Papers; Working Paper ; No. 1995/142
Acesso em linha:Full text available on IMF