This paper explores income and consumption smoothing patterns among ECOWAS countries during the period 1980-2016.It is relevant given the willingness of heads of state in the region to create a single currency. Indeed, in a monetary union, asymmetric shocks are not problematic if risk-sharing...

This report analyzes the specific factors that affect the competitiveness of developing countries in global value chains (GVCs), and how these factors differ across four major economic sectors: agriculture, extractive industries, manufacturing and offshore services. Although integration into...