Series: IMF Working Papers
Author(s): Catherine Pattillo , and Paul Masson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2001
Keywords: monetary union, fiscal discipline, ECOWAS, CFA franc zone, central bank, inflation, fiscal policies,
Could a West African monetary union (either of the non-CFA countries, or all ECOWAS members) be an effective "agency of restraint" on fiscal policies? We discuss how monetary union could affect fiscal discipline an...