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
economic and monetary community of central africa
economicdisequilibrium
financial community of africa
monetary policy
national economy
policy coordination
