Stylized Facts on Bilateral Trade and Currency Unions : Implications for Africa

Implications for Africa

Stylized Facts on Bilateral Trade and Currency Unions : Implications for Africa
This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as much as it does the rest of the world. In addition,... READ MORE...

Publication date: January 2006
ISBN 9781451862911
$15.00

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