| Description |
1 online resource (410 pages) |
| Contents |
Cover; Contents; Foreword; Acknowledgments; Abbreviations; 1. Overview; Part I. Sustainability of Macroeconomic Policies; 2. Monetary Policy in a Currency Union? The Case of CEMAC; 3. Long-Run Determinants of Inflation in WAEMU; 4. Fiscal Reaction Functions in the CFA Franc Zone; 5. Reserve Adequacy in the CFA Franc Zone; Part II. Capacity to Adjust to Changes in External Conditions; 6. Economic Fundamentals and the CFA Franc Zone Real Exchange Rates; 7. Competitiveness in the CFA Franc Zone; 8. What Is Fuzzy About Clustering in West Africa?; Part III. Integration and Growth |
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9. Financial Sector Integration in WAEMU10. Banking Sector Integration and Competition in CEMAC; 11. Growth and Convergence in the CFA Franc Zone; 12. Trade in CEMAC: Developments and Reform Opportunities; 13. Trade in WAEMU: Developments and Reform Opportunities; About the Authors |
| Summary |
About one-third of countries covered by the IMF's African Department are members of the CFA franc zone. With most other countries moving away from fixed exchange rates, the issue of an adequate policy framework to ensure the sustainability of the CFA franc zone is clearly of interest to policymakers and academics. However, little academic research exists in the public domain. This book aims to fill this void by bringing together work undertaken in the context of intensified regional surveillance and highlighting the current challenges and the main policy requirements if the arrangements are to |
| Notes |
Print version record |
| Subject |
French franc area.
|
|
Monetary unions -- Africa, French-speaking
|
|
Economic policy
|
|
French franc area
|
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Monetary unions
|
| SUBJECT |
Africa, French-speaking -- Economic policy
|
| Subject |
French-speaking Africa
|
| Form |
Electronic book
|
| Author |
Tsangarides, Charalambos G
|
| ISBN |
9781451998665 |
|
145199866X |
|
