Why has West-African Central Bank? independency to be increased ? The answer may be based on the institutional and monetary history of the West-African Monetary Union. Enhancing the confidence in money value and assessing that monetary and economic integration will persist in the future would be the main benefit. The feasibility of such a reform supposes that the collegiality of monetary decisions and the transparency of the Central Bank management will be enforced. It will be also necessary to improve the coordination of monetary and fiscal policies, in order to promote a more rapid and stable economic growth in the Union.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.