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Exchange Rate Arrangements in the Transition to East African Monetary Union

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  • Christopher S. Adam
  • Pantaleo Kessy
  • Camillus Kombe
  • Stephen O’Connell

Abstract

This paper is the outcome of research collaboration between staff of the Directorate of Economic Research and Policy at the Bank of Tanzania and the International Growth Centre. The views expressed in this paper are solely those of the authors and do not necessarily reflect the official views of the Bank of Tanzania or its management. We are grateful to the research departments of the five national central banks in the East African Community (EAC) for their cooperation, to Paul Masson and participants at the Extraordinary Meeting of the Monetary Affairs Committee (MAC) of the EAC in Bujumbura (November 2011) and the Extraordinary Meeting of the Economic Affairs Sub-Committee of the MAC in Nairobi (March 2012) for their comments, and to Ishaan Irani, Lucie Moore, and Richard Peck for research assistance. All errors are our own.

Suggested Citation

  • Christopher S. Adam & Pantaleo Kessy & Camillus Kombe & Stephen O’Connell, 2012. "Exchange Rate Arrangements in the Transition to East African Monetary Union," CSAE Working Paper Series 2012-07, Centre for the Study of African Economies, University of Oxford.
    • Handle: RePEc:csa:wpaper:2012-07
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    File URL: https://ora.ox.ac.uk/objects/uuid:5e370237-1f35-4ec2-98b7-c63a1ca280b1
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    Cited by:

    1. Masafumi Yabara, 2014. "Assessing exchange rate dynamics of East Africa: fragmented or integrated?," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 7(1), pages 154-174, March.
    2. Thomas Kigabo RUSUHUZWA & Paul Robert MASSON, 2012. "Design and Implementation of a Common Currency Area in the East African Community," Working Papers tecipa-451, University of Toronto, Department of Economics.

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