Monetary Integration in Africa: Specificities and Economic Rationality
Musungaie, André Nyembwe
Monetary Integration in Africa: Specificities and Economic Rationality - 2011.
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We present African monetary areas and monetary integration projects with a focus on optimal currency area criteria and endogenous theory of monetary integration. We argue that monetary arrangements provide some advantage in terms of monetary policy’s credibility as the effects of the latest international crisis on inflation suggest, especially in Sub-Saharan Africa.
Monetary Integration in Africa: Specificities and Economic Rationality - 2011.
30
We present African monetary areas and monetary integration projects with a focus on optimal currency area criteria and endogenous theory of monetary integration. We argue that monetary arrangements provide some advantage in terms of monetary policy’s credibility as the effects of the latest international crisis on inflation suggest, especially in Sub-Saharan Africa.
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