9 The Role of Regional Institutions in Achieving NEPAD’s Goals
Author:
Charles Konan Banny
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Language:
English
Print Publication Date:
14 Sep 2004
Keywords:
SEM; New Partnership for Africa's Development; country; NEPAD initiative; WAEMU economy; BCEAO experience; inflation rate; country ownership; establishment of the West African Economic and Monetary Union; Regional integration; West Africa; Africa

Abstract

Let me start by touching upon a number of salient features of NEPAD, which the African authorities have identified as crucial for jointly addressing the growing underdevelopment of Africa. Next, I want to share what I view as the main reasons for having the regional integration institutions serve as the cornerstone of NEPAD. Finally, in light of the experience gained by the Central Bank of West African States (BCEAO), I shall suggest ways in which these regional institutions may best contribute to fulfilling the goals of this new strategic approach toward achieving sustainable development in Africa.

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Cover New Partnership for Africa's Development
New Partnership for Africa's Development
Macroeconomics, Institutions, and Poverty
ISBN:
9781589062627
Publication Date:
14 Sep 2004
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589062627.072
Pages:
178