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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Drummond, Paulo
Beste egile batzuk: Aisen, Ari, Alper, Emre, Fuli, Ejona
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:Departmental Papers; Departmental Paper ; No. 2015/008
Sarrera elektronikoa:Full text available on IMF