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Toward a monetary union in the East African community
International Monetary Fund • Paulo Drummond
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This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.
- Format: Pocket/Paperback
- ISBN: 9781513562179
- Språk: Engelska
- Antal sidor: 58
- Utgivningsdatum: 2015-09-30
- Förlag: International Monetary Fund (IMF)