Monetary union in West Africa (ECOWAS) : is it desirable and how could it be achieved?
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Bibliographic Information
Monetary union in West Africa (ECOWAS) : is it desirable and how could it be achieved?
（Occasional paper / International Monetary Fund, no. 204）
International Monetary Fund, 2001
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Note
Includes bibliographical references (p. 42-44)
Description and Table of Contents
Description
In April 2000 six West African countries declared their intention to proceed to monetary union among the non-CFA franc countries of the region by January 2003, as a first step toward a wider monetary union including all the ECOWAS countries in 2004. The purpose of this paper is to evaluate whether a monetary union makes economic sense, to discuss the institutional requirements for successful monetary union and to consider how best the political momentum for a union can be channeled toward a fundamental improvement in underlying policies.
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