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This study improves the African Regional Integration Index (ARII) proposed by the African Union, the African Development Bank and the United Nations Economic Commission for Africa by providing a theoretical framework and addressing shortcomings related to weighting and aggregation of the...
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With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...
Persistent link: https://www.econbiz.de/10011410296
This study improves the African Regional Integration Index (ARII) proposed by the African Union, the African Development Bank and the United Nations Economic Commission for Africa by providing a theoretical framework and addressing shortcomings related to weighting and aggregation of the...
Persistent link: https://www.econbiz.de/10012843544
The article empirically analyses the motivations and long-run economic outcomes of remittance inflows into the West African Economic and Monetary Union. Using Westerlund's (2007) ECM for panel time series and data spanning 1975–2011, the results show that there is no evidence of a long-run...
Persistent link: https://www.econbiz.de/10012910246
With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...
Persistent link: https://www.econbiz.de/10013032600
We review the current state of the West African Economic and Monetary Union's tax coordination framework, against the main objectives of the WAEMU Treaty of 1994: reduce distortions to intra-community trade, and mobilize domestic tax revenue. The process of tax coordination in WAEMU is one of...
Persistent link: https://www.econbiz.de/10012950442
International monetary arrangements - the practices and rules governing the creation, distribution, and management of money and credit in the world economy - have received little attention from philosophers concerned with international distributive justice. A convincing account of the...
Persistent link: https://www.econbiz.de/10014054208