Independence of the Central Bank of West African States:An Expected Reform?

Sylviane Guillaumont Jeanneney
Additional contact information
Sylviane Guillaumont Jeanneney: CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: Why increase the independence of the Central Bank of West African States? The answer can be sought in the monetary and institutional evolution of the West African Economic and Monetary Union. The advantage would be to increase confidence in the value of the currency and to guarantee the continuity of the economic and monetary integration of West Africa. The feasibility of the reform implies strengthening the collegiality of monetary decisions and the transparency of the management of the Central Bank. It is also necessary to improve the coordination of budgetary and monetary policies, with a view to a stronger and more regular growth of the economies of the Union.

Keywords: Central Bank of West African States; monetary union; franc zone (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in Revue d'Economie du Développement, 2007, 1, pp.43-73

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00187034

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().