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Monetary Union Membership in West Africa: A Cluster Analysis

โœ Scribed by Charalambos G. Tsangarides; Mahvash Saeed Qureshi


Book ID
113953767
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
616 KB
Volume
36
Category
Article
ISSN
0305-750X

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Fiscal reform and monetary union in West
โœ Carsten Hefeker ๐Ÿ“‚ Article ๐Ÿ“… 2008 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 133 KB

## Abstract This paper explores the interaction between the proposed monetary union for ECOWAS and structural reforms of fiscal policy. In a monetary union among symmetric countries members run a more distortionary fiscal policy and structural reform efforts fall. This can also follow in countries