This paper uses VAR techniques to investigate the potential for forming monetary unions in Eastern and Southern Africa. All countries in the sample are members of various regional economic organizations. Some of the organizations have a monetary union as an immediate objective whereas others...

This paper investigates the East African Community (EAC) partner states' readiness for a common currency. It uses recent data to assess the impact of policy coordination in the region during the last seven years of East African Monetary Union's protocol implementation. Despite some similarities...

Introduction -- Part A: Economic Integration and Its Trade Effects -- Part B: Financial Sector Development and Common Currency -- Part C: Public Finances, FDI, Research, Innovation and Knowledge -- Part D: Inclusive and Sustainable Growth -- Part E: Conflict-Growth Relationship and Reconstruction.

This paper investigates the relationship between monetary and capital markets integration and it establishes that there is a two way relationship between the two. Monetary integration enhances capital markets integration through the facilitation of cross-border activity as it eliminates the...