Lampe, Florian; Löscher, Anne - 2021
union, and the remaining non-CFA countries of the Economic Community of West African States (ECOWAS) with Nigeria and Ghana … originating in Ghana and Nigeria than in the CFA-franc zone. One could interpret this as the CFA-franc conveying over a higher …. Secondly, the estimation of external financial fragility in the CFA-franc zone and Nigeria shows that the naira implies a …