The CFA Franc Zone in West and Central Africa represents the
largest monetary union in the southern hemisphere, predating the
European Monetary Union by decades. This book analyzes the recent
economic experiences of the Franc Zone's member states and of its
economic institutions. It pays particular attention to the way this
disparate group of countries exploit the advantages and manage the
costs of adhering to a single currency. It also analyzes the impact
Franc Zone institutions have on poverty.
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