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The Southern African Development Community: suitable for a monetary union?

✍ Scribed by Yohane Khamfula; Harry Huizinga


Book ID
116633479
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
132 KB
Volume
73
Category
Article
ISSN
0304-3878

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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.