Toward a Monetary Union in the East African Community
7%
off

Toward a Monetary Union in the East African Community : Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanism

By (author)  , By (author)  , By (author)  , By (author)  , By (author)  , By (author) 

Free delivery worldwide

Available. Dispatched from the UK in 1 business day
When will my order arrive?

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.show more

Product details

  • Paperback | 58 pages
  • 212 x 280 x 3mm | 213g
  • International Monetary Fund (IMF)
  • Washington, DC, United States
  • English
  • col. figs, tables
  • 1513562177
  • 9781513562179