Monetary Integration Across West Africa: Is the Region Ripe for a Monetary Union?
This study investigates the possibility of forming a monetary union across West Africa. This was achieved by employing the structural VAR framework. Data on real GDP, inflation, and exchange rate were used to represent supply, monetary, and demand shocks
Olajide Oyadeyi
doaj +1 more source
Financial development and economic growth: evidence from West Africa [PDF]
In this paper, we employ the Geweke (1982) decomposition method to examine the Granger causality between finance and growth in West Africa. Our sample contains twelve ECOWAS member countries (Economic Community of West African States) and we distinguish ...
Mamadou Diang Barry, Zaka Ratsimalahelo
core
West African Monetary Integration and Interstates Risk-Sharing [PDF]
There are continuing efforts at the monetary integration and unionization in West Africa. Several academics argue that a monetary union among West African states would be costly because of the magnitude of asymmetric shocks.
Sampawende Jules TAPSOBA
core +3 more sources
The Economic Community of West African States : fiscal revenue implications of the prospective economic partnership agreement with the European Union [PDF]
This paper applies a partial equilibrium model to analyze the fiscal revenue implications of the prospective economic partnership agreement between the Economic Community of West African States (ECOWAS) and the European Union.
Nielsen, Lynge, Zouhon-Bi, Simplice G.
core
Does West Africa Form an Optimum Currency Area? A Generalized PPP Approach [PDF]
This paper investigates the optimality of setting up a common currency area in West Africa by using a generalized purchasing power parity (GPPP) model. The Johansen method of multivariate cointegration shows that not only the existing CFA franc zone but ...
Sugimoto, Kimiko
core +1 more source
Experience with Budgetary Convergence in the WAEMU
This paper reviews the experience of fiscal adjustment undertaken in the West African Economic and Monetary Union (WAEMU) countries since the entry into force of the 1994 treaty establishing the framework for a regional convergence of national fiscal policies.
Paul R Masson, Ousmane Dore
openaire +3 more sources
This paper analyzes the role of the nature of traded goods in the effect of the real exchange rate on the trade balance in West African Economy and Monetary Union countries.
Camille Detondji Guidime +2 more
doaj +1 more source
Economic and Institutional Reforms in French-speaking West Africa Impact on Efficiency and Growth [PDF]
Economic reforms, West Africa, Institutions ...
Danielson, Anders
core
Misalignments and Dynamics of Real Exchange Rates in the CFA Franc Zone [PDF]
In this paper, we analyse currencies' misalignments of the CFA zone countries and the adjustment process of their real effective exchange rates towards their equilibrium level over the period 1985-2007.
Cécile Couharde +2 more
core
Quality management: the challenges of regional governance in West Africa
With a total area of 3 509 600 km2 and a population of over 80 340 000 people, the eight WAEMU countries (the West Africa Economic and Monetary Union) have many products to offer the international market.
Osseni Loukoumanou +5 more
doaj +1 more source

