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Union monétaire et compétitivité comparée : les cas de la zone euro et de la zone CFA

Author

Listed:
  • Alexandre Sokic

    (Pôle Leonard de Vinci, ParisÉcole supérieure du commerce extérieur)

  • Albert Lessoua

    (Pôle Leonard de Vinci, ParisÉcole supérieure du commerce extérieur)

Abstract

Cet article explore la question de la convergence réelle en termes de compétitivités internationales parmi les membres de la zone euro et de la zone CFA qui repose sur l’euro. L’objectif est d’apprécier l’importance de la perte de l’instrument du taux de change pour les différents pays membres. Un indice synthétique de mesure de la dispersion des soldes des balances courantes est élaboré en vue d’évaluer l’évolution des compétitivités internationales des pays membres des unions monétaires. Les résultats montrent un processus de divergence prononcé des compétitivités internationales dans le cas de la zone euro. Au sein de la zone CFA, les deux composantes, UEMOA et CEMAC, connaissent des évolutions opposées en termes de convergence réelle des compétitivités internationales de leurs membres. Dans un contexte de rigidité des salaires et des prix, la perte de l’instrument du taux de change devient alors une question aiguë.

Suggested Citation

  • Alexandre Sokic & Albert Lessoua, 2012. "Union monétaire et compétitivité comparée : les cas de la zone euro et de la zone CFA," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), vol. 26(1), pages 19-25, June.
  • Handle: RePEc:ulp:buopee:v:26:y:2012:m:06:i:4
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    File URL: https://opee.unistra.fr/Union-monetaire-et-competitivite,255
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    Cited by:

    1. SIGUE, Moussa & SIRPE, Gnanderman, 2019. "Non-linear effects of investment in road infrastructure on the structural competitiveness of the economy: the case of Burkina Faso," MPRA Paper 96142, University Library of Munich, Germany.

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