In the last decades the number of refugees from conflict regions in Africa increased dramatically. West Africa is the cradle of migration from Sub-Saharan Africa to Europe, were most African migrants with overseas destinations live. The European Union shares dual responsibility for the...

Die CFA-Zone galt vierzig Jahre lang als Selbstbedienungsladen der afrikanischen und französischen Elite im frankophonen Afrika. Mit der Abwertung des Franc CFA am 11.1.1994 brach der Mythos der Stabilität dieser von Frankreich garantierten Währung zusammen, und mit ihm auch das Weltbild der...

Monetary coordination is high on the agenda of different regional organizations in Africa. Economic benefits of a common currency, like lower transaction cost, increased macroeconomic stability, or the shielding of central banks against political pressure from nationalist elites and their...

The WAEMU and the Franc CFA-Zone: A new culture of co-operation in Francophone Africa? The CFA-zone is basically composed of two sub-zones, characterised by significant structural economic and political differences within and between its member countries: the West African Economic and Monetary...

The aim of the present contribution is two-fold. First, we are going to briefly overview the theoretical arguments suggesting that regional economic integration may enhance the process of real economic convergence or catching up by less-advanced members of integration arrangements towards the...