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Appendix Exchange and Trade Arrangements in the Community »
Source: Currency Convertibility in the Economic Community of West African States
Series: Occasional Papers
Author(s): Saleh Nsouli , John McLenaghan , and Klaus-Walter Riechel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 1982
ISBN: 9781557750594
Keywords: monetary union, clearing house, foreign exchange, exchange restrictions, exchange rate
Exchange Rate Arrangements The exchange arrangements maintained by member countries of the Economic Community of West African States (ECOWAS) as of December 31, 1980 are shown in Tab...

Currency Convertibility in the Economic Community of West African States »
Series: Occasional Papers
Author(s): Saleh Nsouli , John McLenaghan , and Klaus-Walter Riechel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 1982
DOI: http://dx.doi.org/10.5089/9781557750594.084
ISBN: 9781557750594
Keywords: monetary union, clearing house, foreign exchange, exchange restrictions, exchange rate
One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be ac...

Back Matter »
Source: Currency Convertibility in the Economic Community of West African States
Series: Occasional Papers
Author(s): Saleh Nsouli , John McLenaghan , and Klaus-Walter Riechel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 1982
ISBN: 9781557750594
Keywords: monetary union, clearing house, foreign exchange, exchange restrictions, exchange rate
One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be ac...

Front Matter »
Source: Currency Convertibility in the Economic Community of West African States
Series: Occasional Papers
Author(s): Saleh Nsouli , John McLenaghan , and Klaus-Walter Riechel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 1982
ISBN: 9781557750594
Keywords: monetary union, clearing house, foreign exchange, exchange restrictions, exchange rate
One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be ac...

The Gambia : Economic Adjustment in a Small Open Economy »
Series: Occasional Papers
Author(s): Eric Verreydt , Michael Hadjimichael , and Thomas Rumbaugh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1992
DOI: http://dx.doi.org/10.5089/9781557752307.084
ISBN: 9781557752307
Keywords: foreign exchange, exchange rate, expenditure, banking, banking system
The Gambia, one of the least developed countries in Africa, has been pursuing corrective economic policies since 1985, aimed at restroing financial stability and laying the basis for strong and sustainable economic...

I Introduction »
Source: The Gambia : Economic Adjustment in a Small Open Economy
Series: Occasional Papers
Author(s): Eric Verreydt , Michael Hadjimichael , and Thomas Rumbaugh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1992
ISBN: 9781557752307
Keywords: foreign exchange, exchange rate, expenditure, banking, banking system
The Gambia is a very small country located on the west coast of Africa, surrounded on three sides by Senegal, extending inland at widths varying from 24 to 48 kilometers along the banks of the River Gambia,...

I Introduction »
Source: Currency Convertibility in the Economic Community of West African States
Series: Occasional Papers
Author(s): Saleh Nsouli , John McLenaghan , and Klaus-Walter Riechel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 1982
ISBN: 9781557750594
Keywords: monetary union, clearing house, foreign exchange, exchange restrictions, exchange rate
One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) 1 is to expand intra-Commun...

II Concepts of Convertibility and Stages of Monetary Integration »
Source: Currency Convertibility in the Economic Community of West African States
Series: Occasional Papers
Author(s): Saleh Nsouli , John McLenaghan , and Klaus-Walter Riechel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 August 1982
ISBN: 9781557750594
Keywords: monetary union, clearing house, foreign exchange, exchange restrictions, exchange rate
This chapter considers concepts of convertibility and the meaning of convertibility under different exchange arrangements. It also reviews the benefits and costs of various stages of monetary integration....

II Overview of Recent Economic Performance »
Source: The Gambia : Economic Adjustment in a Small Open Economy
Series: Occasional Papers
Author(s): Eric Verreydt , Michael Hadjimichael , and Thomas Rumbaugh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1992
ISBN: 9781557752307
Keywords: foreign exchange, exchange rate, expenditure, banking, banking system
The economic strategy since 1985/86 has been aimed primarily at substantially reducing the involvement of the public sector in the economy, encouraging the development of the private sector, lowering domesti...

III Growth, Saving, and Investment »
Source: The Gambia : Economic Adjustment in a Small Open Economy
Series: Occasional Papers
Author(s): Eric Verreydt , Michael Hadjimichael , and Thomas Rumbaugh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1992
ISBN: 9781557752307
Keywords: foreign exchange, exchange rate, expenditure, banking, banking system
The growth potential of the Gambian economy has improved markedly since 1985/86 with the removal of distortions in the structure of relative prices, the strengthening in economic incentives, including the in...