Should African Monetary Unions Be Expanded? : An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa /
This paper develops a full-fledged cost-benefit analysis of monetary integration, and applies it to the currency unions actively pursued in Africa. The benefits of monetary union come from a more credible monetary policy, while the costs derive from real shock asymmetries and fiscal disparities. The...
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| Awduron Eraill: | , |
| Fformat: | Cylchgrawn |
| Iaith: | English |
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Washington, D.C. :
International Monetary Fund,
2010.
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| Cyfres: | IMF Working Papers; Working Paper ;
No. 2010/157 |
| Mynediad Ar-lein: | Full text available on IMF |