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Monetary and Financial Integration in West Africa (Paperback)
Loot Price: R1,598
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Monetary and Financial Integration in West Africa (Paperback)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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Monetary and Financial Integration in West Africa details the
progress, challenges faced, and potential of the project intended
to create a West African Monetary Zone (WAMZ) between Gambia,
Ghana, Guinea, Nigeria and Sierra Leone. Given the trend towards
regionalization of economic ties across the world, especially after
the successful launch of the euro, a detailed analysis of the WAMZ
is needed. As this is the first book on monetary and financial
integration in Gambia, Ghana, Guinea, Nigeria and Sierra Leone, it
is an essential read for anyone interested in economic development
in West Africa, and indeed in Africa as a whole. This book is
extremely well-researched, with detail on virtually all aspects of
economic integration in the region; with issues ranging from the
institutional details of integration, trade and financial market
integration, to progress on convergence of macroeconomic
fundamentals to the required payments system infrastructure. The
book deploys solid empirical facts and sophisticated analyses to
thoroughly defend its assertions. This collection is a valuable
contribution and an excellent companion book for monetary economics
or international economics classes as well as African development
literature. It will provide students and researchers with an
exciting chance to apply concepts of, for example, optimum currency
areas, central bank structure or monetary policy approaches, to a
real-world case of potential monetary union. Dr. Temitope W.
Oshikoya and his collaborators have written the authoritative book
on the subject of monetary union in the West African Monetary Zone.
As is evident in the level of detail of the book, Dr. Oshikoya
brings rich field experience from his role as Director General and
CEO of the West African Monetary Institute. This book will be of
interest to postgraduates and researchers in development economics;
as well as policymakers, monetary authorities and development
practitioners.
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