Dupasquier, Chantal; Osakwe, Patrick N.; Thangavelu, … - East Asian Bureau of Economic Research (EABER) - 2005
There are plans by five West African countries to establish a second monetary zone in the sub-region by December 2009. In this paper we ask whether a monetary union is the appropriate exchange rate regime for the sub-region based on economic criteria. We address the issue using a rigorous...