Hidden Bibliographic Details
| Other authors / contributors: | Hitaj, Ermal.
International Monetary Fund. African Department.
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| ISBN: | 9781484341186
148434118X
9781484341186
1484355644
9781484355640
1484371712
9781484371718
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| Notes: | Title from pdf title page (IMF Website, viewed Nov. 8, 2013).
Includes bibliographical references.
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| Summary: | The West African Economic and Monetary Union (WAEMU), like other monetary unions, faces a number of challenges in dealing with macroeconomic shocks. The region experiences a large number of exogenous shocks: climate-related (e.g., droughts, floods), with a heavy toll on populations and agriculture, but also economic (e.g., terms of trade), with a large impact on key sectors and the cost of living. More generally business cycle synchronization within the WAEMU seems low. Addressing these shocks, while preserving the stability of the union, is therefore a critical issue in the WAEMU. This paper discusses these issues and suggests possible reforms.
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| Other form: | Print Version: Kolerus, Christina Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union Washington, D.C. : International Monetary Fund,2013 9781484341186
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| Standard no.: | 10.5089/9781484341186.087
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