The West African Monetary Union An Analytical Review

Rattan Bhatia

No 1985/003, IMF Occasional Papers from International Monetary Fund

Abstract: Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it is therefore excluded from this analysis, which deals with a period when it was not a member.)

Keywords: OP; BCEAO; deficit; rediscount facilities; member government; inflation-unemployment trade-off; bank financing; discountable credit; savings ratio; Credit; Monetary base; Commercial banks; Monetary unions; Bank credit; West Africa; Africa; Europe; Asia and Pacific (search for similar items in EconPapers)
Pages: 70
Date: 1985-05-15
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Citations: View citations in EconPapers (6)

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