Monetary Union in West Africa : An Agency of Restraint for Fiscal Policies?

An Agency of Restraint for Fiscal Policies?

Monetary Union in West Africa : An Agency of Restraint for Fiscal Policies?
Could a West African monetary union (either of the non-CFA countries, or all ECOWAS members) be an effective "agency of restraint" on fiscal policies? We discuss how monetary union could affect fiscal discipline and the arguments for explicit fiscal restraints considered in the European Monetary Union literature, and their applicability to West... READ MORE...

Publication date: March 2001
ISBN 9781451845266
$15.00

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