Toward a Monetary Union in the East African Community : Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms /

This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report d...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Drummond, Paulo
مؤلفون آخرون: Aisen, Ari, Alper, Emre, Fuli, Ejona
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2015.
سلاسل:Departmental Papers; Departmental Paper ; No. 2015/008
الوصول للمادة أونلاين:Full text available on IMF