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    African Department

    Copyright © 2015

    International Monetary Fund

    Cataloging-in-Publication Data

    Toward a Monetary Union in the East African Community: Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms/prepared by Paulo Drummond … [et al.]. – Washington, D.C.: International Monetary Fund, 2015.

    pages ; cm – (African departmental paper)

    “Approved by the African Department.”

    Includes bibliographical references.

    ISBN: [….]

    1. East African Community. 2. East African Monetary Union 3. Currency unions 5. Exchange rates 6. Asymmetric shocks

    I. Drummond, Paulo II. International Monetary Fund. III. International Monetary Fund. African Department. IV. Title: Toward a Monetary Union in the East African Community: Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms. V. African departmental paper.

    ISBN: 978-1-51356-2-179 (paper)

    ISBN: 978-1-51353-6-668 (ePub)

    ISBN: 978-1-51353-6-668 (Mobipocket)

    ISBN: 978-1-51358-8-322 (Web PDF)

    The African Departmental Paper Series presents research by IMF staff on issues of broad regional or cross-country interest. The views expressed in this paper are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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