The CFA franc zone : common currency, uncommon challenges
著者
書誌事項
The CFA franc zone : common currency, uncommon challenges
International Monetary Fund, c2008
大学図書館所蔵 全15件
  青森
  岩手
  宮城
  秋田
  山形
  福島
  茨城
  栃木
  群馬
  埼玉
  千葉
  東京
  神奈川
  新潟
  富山
  石川
  福井
  山梨
  長野
  岐阜
  静岡
  愛知
  三重
  滋賀
  京都
  大阪
  兵庫
  奈良
  和歌山
  鳥取
  島根
  岡山
  広島
  山口
  徳島
  香川
  愛媛
  高知
  福岡
  佐賀
  長崎
  熊本
  大分
  宮崎
  鹿児島
  沖縄
  韓国
  中国
  タイ
  イギリス
  ドイツ
  スイス
  フランス
  ベルギー
  オランダ
  スウェーデン
  ノルウェー
  アメリカ
注記
Includes bibliographical references
内容説明・目次
内容説明
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 on the subject 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 be carried forward. The book is based on empirical research by a broad group of IMF economists, with contributions from several outside experts. Fourteen African countries are members of the CFA franc zone. The long-standing link between the West and Central African CFA francs and the euro (and before that the French franc) has contributed to monetary stability in the region. Yet the CFA franc zone, like other fixed exchange rate regimes, must be mindful of sustainability and competitiveness. Diversity and relatively loose economic integration among member countries add to the challenges. In reviewing policy options for the zone, the authors of this volume suggest policies that would safeguard the benefits to member countries from the common currency, and at the same time promote more flexible economic systems to absorb shocks and increase the rewards stemming from regional integration.
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