The development of monetary co-operation in Africa : application of a theory of optimum currency areas
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Date
1973-02Author(s)/Corporate Author (s)
Fyle, Dixon;United Nations. Economic Commission for Africa. African Institute for Economic Development and Planning(IDEP);
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Afficher la notice complèteRésumé
Growing disintegration in the infrastructure of monetary areas and currency relation¬ ships is a major obstacle to rationalization and regional economic and monetary integration. This paper argues that new currency areas need to be created, more optimal in their character and functioning and more evidently geared to African needs, and new forms of monetary co-operation devised to cope with problems of regional inequalities, of accelerating growth and maintaining monetary stability.
Two basic problems are examined:
The redefinition of monetary areas, and the choice of a strategy and measures for developing monetary co-operation. Although a need to co-operate is often acknowledged, the question 'co-operation for what? is only frequently considered.
Citation
“Fyle, Dixon; United Nations. Economic Commission for Africa. African Institute for Economic Development and Planning(IDEP) (1973-02). The development of monetary co-operation in Africa : application of a theory of optimum currency areas. Dakar. © UN. IDEP. https://hdl.handle.net/10855/42791”Collections
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