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services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …
Persistent link: https://www.econbiz.de/10013032600
services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …
Persistent link: https://www.econbiz.de/10011390792
services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …
Persistent link: https://www.econbiz.de/10010696005
services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …
Persistent link: https://www.econbiz.de/10011112651
Development Bank and the United Nations Economic Commission for Africa by providing a theoretical framework and addressing … of time. The findings show that: (i) inflation and finance (trade and mobility) present the highest (lowest) score while … wealth creation are not the top performers in regional monetary integration. (iii) The RECs in Africa are characterized by a …
Persistent link: https://www.econbiz.de/10012843544
Development Bank and the United Nations Economic Commission for Africa by providing a theoretical framework and addressing … of time. The findings show that: (i) inflation and finance (trade and mobility) present the highest (lowest) score while … wealth creation are not the top performers in regional monetary integration. (iii) The RECs in Africa are characterized by a …
Persistent link: https://www.econbiz.de/10012150492
Purpose - A major lesson of the EMU crisis is that serious disequilibria in a monetary union result from arrangements not designed to be robust to a variety of shocks. With the specter of this crisis looming substantially and scarring existing monetary zones, the present study has complemented...
Persistent link: https://www.econbiz.de/10011409990
We analyze the effects of monetary policy on economic activity in the proposed African monetary unions. Findings broadly show that: (1) but for financial efficiency in the EAMZ, monetary policy variables affect output neither in the short-run nor in the long-term and; (2) with the exception of...
Persistent link: https://www.econbiz.de/10011410006
Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … terms of GDP growth at macro and micro levels; while, fiscal policy targets debt-to-GDP and deficit-to-GDP ratios. A dynamic …
Persistent link: https://www.econbiz.de/10011410252
policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is … dynamics of depth, efficiency, activity and size while real sector policy targets economic performance in terms of GDP growth …
Persistent link: https://www.econbiz.de/10011410263