Monetary unions

Member countries of the Economic Community of West African States (ECOWAS) are determined to form a West African Monetary Zone (WAMZ) by 2004 whereby a single currency and a common monetary policy would be adopted as an attempt to promote regional trade. A West and Central Afric…

My dissertation addresses three issues regarding appropriate monetary policy regimes in the aftermath of the Asian currency crisis. First, it investigates whether the monetary policy stance adopted by the crisis-hit countries should have been tight or expansionary in response to…

The Community of West African States was founded in 1975 in Abuja Nigeria. The objective was to create a free trade zone in the sub-region, and facilitate economic integration among members. The ultimate goal is political integration in the continent by 2030. Following the examp…

Fueled by the successful introduction of the Euro in 1999, monetary integration has become an increasingly important phenomenon within the modern global economic era. The Gulf Cooperation Council (GCC) is no exception. While the six countries of the GCC, Bahrain, Kuwait, Oman, Q…