Part 1: Introducing Regional Integration.-The Economic Value of Regional Integration in Africa -- Current Account Im(balances) and Adjustments to Targets for Regional Integration in West Africa: One Step Forward, Two Steps Backwards -- Obstacles to Strengthening Economic Integration in the West...

The book provides a detailed analysis of the causes of West Africa’s current economic high-growth episode and proposes ways to extend it sustainably. It examines the potential role of regional integration through the establishment of a common currency union and of other policy options that can...

Intro -- Preface -- Introduction -- Contents -- List of Contributors -- Part I: Macroeconomic Policy and Private Sector -- Proposed Architecture for an ECOWAS Common Currency Union -- 1 Introduction -- 2 West Africa´s Initial Conditions -- 2.1 Current Monetary Arrangements of ECOWAS Countries...

This book presents key studies regarding the challenges of economic regional integration in West Africa. It provides fresh answers to persistent development questions and opens new perspectives on the search for sustainable avenues for Africa's development.

The book provides a detailed analysis of the causes of West Africa's current economic high-growth episode and proposes ways to extend it sustainably. It examines the potential role of regional integration through the establishment of a common currency union and of other policy options that can...