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The West African Economic and Monetary Union; Recent Developments and Policy Issues

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  • Ernesto Hernández-Catá
  • C. A. François

Abstract

Following a serious deterioration of the competitive position of the WAEMU region in the 1980s and the eary 1990s, the countries took steps that have led to a significant turnaround in economic activity, a drop in inflation, and increases in output, exports and investment. This study describes policy issues that the region continues to face and suggests how the WAEMU countries can address them.

Suggested Citation

  • Ernesto Hernández-Catá & C. A. François, 1998. "The West African Economic and Monetary Union; Recent Developments and Policy Issues," IMF Occasional Papers 170, International Monetary Fund.
  • Handle: RePEc:imf:imfocp:170
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    Cited by:

    1. Carsten Hefeker, 2010. "Fiscal reform and monetary union in West Africa," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(1), pages 86-102.
    2. Charalambos G Tsangarides & Gustavo Ramirez, 2007. "Competitiveness in the CFA Franc Zone," IMF Working Papers 07/212, International Monetary Fund.
    3. Hazel Selvon & Tracy Polius & Oral Williams, 2001. "Reserve Pooling in the Eastern Caribbean Currency Union and the CFA Franc Zone; A Comparative Analysis," IMF Working Papers 01/104, International Monetary Fund.

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