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Part 1. Introduction -- Chapter 1. Introduction and Background: A historical perspective of the role of financial institutions in Africa’s development -- Part 2. Country Monetary Policy Issues -- Chapter 2. Monetary Policy and Price Stability in Ghana's Fourth Republic: Have the Dues Been...
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Recent developments in the monetary situation in West Africa, in particular the transformation for the CFA franc area and the project to build a single currency for the CEDEAO/ECOWAS, require a systematic review of the assumptions underlying the formation of monetary unions. The article provides...
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In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union - represented in this case by the CFA Franc Zone - augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of...
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