Toward a monetary union in the East African community : asymmetric shocks, exchange rates, and risk-sharing mechanisms /

This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report d...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor Corporativo: International Monetary Fund. African Department
Otros Autores: Drummond, Paulo Flavio Nacif, 1966-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2015.
Colección:International Monetary Fund. African Department (Series)
Temas:
East African Community.
Monetary unions > Africa, East.
Monetary unions.
Foreign exchange rates > Africa, East.
Risk management > Economic aspects > Africa, East.
International economic integration.
Unions monétaires.
Intégration économique internationale.
BUSINESS & ECONOMICS > Finance.
Risk management > Economic aspects.
Foreign exchange rates.
International Finance.
Finance.
Business & Economics.
Africa, East.
Acceso en línea:Texto completo
Descripción
Sumario:This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.
Notas:"Paulo Drummond, Ari Aisen, Emre Alper, Ejona Fuli, and Sébastien Walker."
"The African Department."
Descripción Física:1 online resource (vii, 59 pages) : illustrations (some color).
Bibliografía:Includes bibliographical references (pages 55-56).
ISBN:9781513536668
1513536664
9781513573816
1513573810
151358832X
9781513588322

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