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...

詳細記述

書誌詳細
第一著者: Drummond, Paulo
その他の著者: Aisen, Ari, Alper, Emre, Fuli, Ejona
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2015.
シリーズ:Departmental Papers; Departmental Paper ; No. 2015/008
オンライン・アクセス:Full text available on IMF