Strengthening the West African Economic and Monetary Union : The Role of Fiscal and Market Institutions in Economic Stabilization

The Role of Fiscal and Market Institutions in Economic Stabilization

Strengthening the West African Economic and Monetary Union : The Role of Fiscal and Market Institutions in Economic Stabilization
West African Economic and Monetary Union (WAEMU) countries face a well-known dilemma between the need to provide shock-smoothing mechanisms and the lack of adequate mechanisms to do so. WAEMU countries are subject to frequent and, to a large extent, asymmetric shocks. They have remained poorly diversified and vulnerable to external shocks, such... READ MORE...

Publication date: October 2015
ISBN 9781513567334
$25.00

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