Toward a Monetary Union in the East African Community

Released on by Mr.Paulo Drummond
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  • Toward a Monetary Union in the East African Community Book Detail

  • Author : Mr.Paulo Drummond
  • Release Date : 2015-07-20
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 58
  • ISBN 13 : 1513562177
  • File Size : 6,6 MB
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Toward a Monetary Union in the East African Community by Mr.Paulo Drummond PDF Summary

Book Description: This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.

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The East African Monetary Union

The East African Monetary Union

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The East African Community (Burundi, Kenya, Rwanda, Tanzania and Uganda) has a goal of a currency union, as part of a movement toward eventual political union.

The East African Community

The East African Community

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The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path