The CFA franc zone : common currency, uncommon challenges /

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 policym...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Gulde, Anne-Marie (Editor ), Tsangarides, Charalambos G. (Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, [2008]
Temas:
French franc area.
Monetary unions > Africa, French-speaking.
Zone franc.
Unions monétaires > Afrique francophone.
BUSINESS & ECONOMICS > Money & Monetary Policy.
Economic policy
French franc area
Monetary unions
Africa, French-speaking > Economic policy.
Afrique francophone > Politique économique.
French-speaking Africa
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Overview / Anne-Marie Gulde
  • pt. 1. Sustainability of macroeconomic policies
  • Monetary policy in a currency union? : the case of CEMAC / Corinne Deléchat, Gustavo Ramirez, and Romain Veyrune
  • Long-run determinants of inflation in WAEMU / Abdoulaye Diop, Gilles Dufrénot, and Gilles Sanon
  • Fiscal reaction functions in the CFA franc Zone / Oumuyiwa S. Adedeji and Oral Williams
  • Reserve adequacy in the CFA franc zone / Corinne Deléchat and Jan Kees Martijn
  • pt. 2. Capacity to adjust to changes in external conditions
  • Economic fundamentals and the CFA franc zone real exchange rates / Yasser Abdih and Charalambos Tsangarides
  • Competitiveness in the CFA franc zone / Gustavo Ramirez and Charalambos Tsangarides
  • What is fuzzy about clustering in West Africa? / Mahvash Saeed Qureshi and Charalambos Tsangarides
  • pt. 3. Integration and growth
  • Financial sector integration in WAEMU / Amadou Sy
  • Banking sector integration and competition in CEMAC / Samer Saab and Jérôme Vacher
  • Growth and convergence in the CFA franc zone / Catherine Pattillo, Charalambos Tsangarides, and Pierre van den Boogaerde
  • Trade in CEMAC : developments and reform opportunities / Jan Kees Martijn and Charalambos Tsangarides
  • Trade in WAEMU : developments and reform opportunities / Manuela Goretti and Hans Weisfeld.

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