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SOUTH AFRICA AND SOUTHERN AFRICAN MONETARY UNION : A CRITICAL REVIEW OF SOURCES OF COSTS AND BENEFITS

✍ Scribed by YOHANE KHAMFULA; MENGSTEAB TESFAYOHANNES


Book ID
118085743
Publisher
John Wiley and Sons
Year
2005
Tongue
English
Weight
246 KB
Volume
72
Category
Article
ISSN
0038-2280

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On the feasibility of a monetary union i
✍ Terence D. Agbeyegbe πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons 🌐 English βš– 130 KB

## Abstract This paper investigates the feasibility of a monetary union in Southern Africa Development Community (SADC) by looking at evidence of nominal exchange rate and inflation convergence. Using a methodology based on estimating time‐varying parameters, the evidence suggests non‐convergence.