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The Ivory Coast has been the scene of a remarkable economic upsurge since it gained independence in 1960. Agriculture and forestry have been the mainstay of growth. The evolvement of socio-economic structures in the rural areas is outlined in the following article which also discusses aspects of...
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Recently, the calls for closer monetary co-operation between the Asian NICs and Japan have been becoming louder. The following article discusses the pros and cons of pegging to the yen and compares them with those of a basket peg.
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Leaving foreign exchange markets to themselves may not lead to realistic and stable exchange rates. Thus appropriate criteria for interference must be defined. The OPTICA (Optimal Currency Area) Group which was appointed by the European Commission tried to work out appropriate rules for the EC....
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