Loureiro, João; Martins, Manuel M.F.; Ribeiro, Ana Paula - In: Journal of African Economies 21 (2012) 1, pp. 28-64
This paper assesses the adequacy of the exchange rate regime of 16 African countries that are pegged to the euro since 1999. The evaluation is based on three key criteria borrowed from the optimal currency area literature. A first conclusion is that the peg to the euro has granted the 16...
