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The CFA Franc Zone
			: Common Currency, Uncommon Challenges

The CFA Franc Zone : Common Currency, Uncommon Challenges »

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

DOI: http://dx.doi.org/10.5089/9781589066755.071

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

About one-third of countries covered by the IMF's African Department are members of the CFA franc zone. With most other countries moving away from fixed exchange rates, the issue of an adequate policy framework to...

West African Economic and Monetary Union: Common Policies of Member Countries—Press Release; Staff Report; and Statement by the Executive Director for the West African Economic and Monetary Union

West African Economic and Monetary Union: Common Policies of Member Countries—Press Release; Staff Report; and Statement by the Executive Director for the West African Economic and Monetary Union »

Source: West African Economic and Monetary Union : Common Policies of Member Countries-Press Release; Staff Report; and Statement by the Executive Director for West African Economic and Monetary Union

Volume/Issue: 2016/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2016

ISBN: 9781513535944

Keywords: monetary fund, deficit, inflation, monetary policy, investment

This paper discusses recent economic developments, outlook, and risks of West African Economic and Monetary Union (WAEMU). Despite the fragile security situation in some member countries and a less favorable extern...

IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union

IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union »

Source: West African Economic and Monetary Union : Common Policies of Member Countries-Press Release; Staff Report; and Statement by the Executive Director for West African Economic and Monetary Union

Volume/Issue: 2016/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2016

ISBN: 9781513535944

Keywords: monetary fund, deficit, inflation, monetary policy, investment

This paper discusses recent economic developments, outlook, and risks of West African Economic and Monetary Union (WAEMU). Despite the fragile security situation in some member countries and a less favorable extern...

Statement by Mr. Yambaye, Executive Director on WAEMU, March 21, 2016

Statement by Mr. Yambaye, Executive Director on WAEMU, March 21, 2016 »

Source: West African Economic and Monetary Union : Common Policies of Member Countries-Press Release; Staff Report; and Statement by the Executive Director for West African Economic and Monetary Union

Volume/Issue: 2016/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2016

ISBN: 9781513535944

Keywords: monetary fund, deficit, inflation, monetary policy, investment

This paper discusses recent economic developments, outlook, and risks of West African Economic and Monetary Union (WAEMU). Despite the fragile security situation in some member countries and a less favorable extern...

West African Economic and Monetary Union (WAEMU)

West African Economic and Monetary Union (WAEMU) »

Source: West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2003/70

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2003

ISBN: 9781451840612

Keywords: waemu, member countries, monetary union, monetary policy, exchange rates

This report examines recent economic developments and regional policy issues in the West African Economic and Monetary Union (WAEMU). Although progress has been achieved on the integration front since 1994, includi...

IMF Concludes Discussion on Recent Economic Developments and Regional Policy Issues with the West African Economic and Monetary Union

IMF Concludes Discussion on Recent Economic Developments and Regional Policy Issues with the West African Economic and Monetary Union »

Source: West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2003/70

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2003

ISBN: 9781451840612

Keywords: waemu, member countries, monetary union, monetary policy, exchange rates

This report examines recent economic developments and regional policy issues in the West African Economic and Monetary Union (WAEMU). Although progress has been achieved on the integration front since 1994, includi...

West African Economic and Monetary Union (WAEMU)

West African Economic and Monetary Union (WAEMU) »

Source: West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues in 2000

Volume/Issue: 2001/193

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 2001

ISBN: 9781451840605

Keywords: central bank, monetary union, monetary policy, terms of trade, tariff lines

There has been a marked deterioration in the economic and financial performance of the West African Economic and Monetary Union (WAEMU) as a whole. These developments reflected unfavorable terms of trade, political...

Monetary Union in West Africa

Monetary Union in West Africa »

Source: Monetary Union in West Africa : An Agency of Restraint for Fiscal Policies?

Volume/Issue: 2001/34

Series: IMF Working Papers

Author(s): Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451845266

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...

Inflation Uncertainty and Relative Price Variability in WAEMU Countries

Inflation Uncertainty and Relative Price Variability in WAEMU Countries »

Source: Inflation Uncertainty and Relative Price Variability in WAEMU Countries

Volume/Issue: 2011/59

Series: IMF Working Papers

Author(s): Kerstin Gerling , and Carlos Fernandez Valdovinos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

ISBN: 9781455221035

Keywords: inflation uncertainty, relative price volatility, monetary policy, relative price, relative price variability, inflation rates, Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data),

Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major channels for real e...

1 Overview

1 Overview »

Source: The CFA Franc Zone : Common Currency, Uncommon Challenges

Series: Books

Author(s): Anne Gulde , and Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2008

ISBN: 9781589066755

Keywords: exchange rate, inflation, terms of trade, exchange rates, monetary policy

Most independent states have their own national currencies. Worldwide, only four groups of countries issue a common currency and conduct joint monetary policy. 1 With so few count...