Description
A major lesson of the European Monetary Union (EMU) crisis is that serious disequilibria
result from regional monetary arrangements not designed to be robust to a variety of shocks. The
purpose of this paper is to assess these disequilibria within the Economic and Monetary Community...
africa
convergence
currency area
economicandmonetarycommunityofcentralafricaeconomic disequilibrium
financial communityofafricamonetary policy
national economy
policy coordination