Intro -- Contents -- I. INTRODUCTION: COMPARATIVE ADVANTAGE -- II. GROWING INTEREST IN THE REGION -- III. COPING WITH THE OBSTACLES TO THE REGION'S DEVELOPMENT -- IV. A FEW IDEAS FOR THE DEVELOPMENT OF THE REGION -- V. CONCLUSIONS AND RECOMMENDATIONS -- References.

This paper evaluates the demand for broad money (M2) in The Gambia for January 1988-June 2007. There appears to be a long-run relationship for demand for real M2, but the relationship is not stable. Exogenous output shocks, financial innovation, changes in income velocity, and inadequate data...