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Reassessing the future of the CFA franc: Implications of financial integration and institutional challenges

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  • Gloglo Beringer

    (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - Institut Agro Rennes Angers - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement)

Abstract

This article undertakes a critical review of the fixed peg of the CFA franc to the euro, focusing on the implications of financial development in the West African Economic and Monetary Union (WAEMU) and the pressing financial circumstances of the French Treasury. We point out that the current monetary system could prove unsustainable requiring, a review of the exchange rate regime.

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  • Gloglo Beringer, 2025. "Reassessing the future of the CFA franc: Implications of financial integration and institutional challenges," Working Papers hal-05244756, HAL.
    • Handle: RePEc:hal:wpaper:hal-05244756
    Note: View the original document on HAL open archive server: https://hal.science/hal-05244756v1
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