The CFA franc zone  common currency, uncommon challenges /  [electronic resource] : 
editors, Anne-Marie Gulde, Charalambos Tsangarides. 
 - [Washington, D.C.] :  International Monetary Fund,  c2008. 
 - xi, 397 p. :  ill., maps ;  23 cm. 
<br/><br/>Includes bibliographical references. 
<br/><br/> Overview /  Monetary policy in a currency union? : the case of CEMAC /  Long-run determinants of inflation in WAEMU /  Fiscal reaction functions in the CFA franc Zone /  Reserve adequacy in the CFA franc zone /  Economic fundamentals and the CFA franc zone real exchange rates /  Competitiveness in the CFA franc zone /  What is fuzzy about clustering in West Africa? /  Financial sector integration in WAEMU /  Banking sector integration and competition in CEMAC /  Growth and convergence in the CFA franc zone /  Trade in CEMAC : developments and reform opportunities /  Trade in WAEMU : developments and reform opportunities /  Anne-Marie Gulde --  Corinne Deléchat, Gustavo Ramirez, and Romain Veyrune --  Abdoulaye Diop, Gilles Dufrénot, and Gilles Sanon --  Oumuyiwa S. Adedeji and Oral Williams --  Corinne Deléchat and Jan Kees Martijn --  Yasser Abdih and Charalambos Tsangarides --  Gustavo Ramirez and Charalambos Tsangarides --  Mahvash Saeed Qureshi and Charalambos Tsangarides --  Amadou Sy --  Samer Saab and Jérôme Vacher --  Catherine Pattillo, Charalambos Tsangarides, and Pierre van den Boogaerde --  Jan Kees Martijn and Charalambos Tsangarides --  Manuela Goretti and Hans Weisfeld.  pt. 1. Sustainability of macroeconomic policies --  pt. 2. Capacity to adjust to changes in external conditions --  pt. 3. Integration and growth -- 
<br/><br/> About one-third of countries covered by the IMF's African Department are members of the CFA franc zone. With most other countries moving away from fixed exchange rates, the issue of an adequate policy framework to ensure the sustainability of the CFA franc zone is clearly of interest to policymakers and academics. However, little academic research exists in the public domain. This book aims to fill this void, by bringing together work undertaken in the context of intensified regional surveillance, and highlighting the current challenges and the main policy requirements if the arrangements are to be carried forward. The book is based on empirical research by a broad group of IMF economists, with contributions from several outside experts. 
<br/><br/><br/>Electronic reproduction. <br/>Palo Alto, Calif. : <br/>ebrary, <br/>2009. <br/>Available via World Wide Web. <br/>Access may be limited to ebrary affiliated libraries. 
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<br/><br/><label>Subjects--Topical Terms: </label><br/>French franc area.<br/>Monetary unions--Africa, French-speaking.
<br/><br/><label>Subjects--Geographic Terms: </label><br/>Africa, French-speaking--Economic policy.
<br/><br/><label>Index Terms--Genre/Form: </label><br/>Electronic books.
<br/><br/><label>LC Class. No.: </label>HG3897.4  / .C43 2008eb 
<br/><br/><label>Dewey Class. No.: </label>332.4/966