Reserve Pooling in the Eastern Caribbean Currency Union and the CFA Franc Zone : A Comparative Analysis »
Series: IMF Working Papers
Author(s): Hazel Selvon , Tracy Polius , and Oral Williams
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2001
Keywords: ECCU, CFA franc zone, reserve pooling, monetary authority, terms of trade, monetary union, monetary unions, central bank, Econometric and Statistical Methods: General, Financial Aspects of Economic Integration,
The paper presents a comparison of the gains from the pooling of reserves, and hence reserve variability, in the Eastern Caribbean Currency Union (ECCU) and the CFA franc zone. The results indicate that countries w...