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Will the Euro Trigger More Monetary Unions in Africa?

Patrick Honohan and Philip Lane

Research Paper from World Institute for Development Economics Research

Abstract: We analyse the prospects for greater monetary integration in Africa, in the wake of EMU. We argue that the structural characteristics of African economies are quite different to the EMU members but that much can be gained from monetary cooperation, as external agency of restraint and in promotion stability in the financial sector.

Keywords: MONETARY POLICY; ECONOMIC INTEGRATION (search for similar items in EconPapers)
JEL-codes: F30 F33 F36 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2000
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Citations: View citations in EconPapers (8)

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Working Paper: Will the Euro trigger more monetary unions in Africa? (2000) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wodeec:176

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