登入選單
返回Google圖書搜尋
Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union
Ms.Christina KolerusMs.Aleksandra ZdzienickaMr.Ermal HitajMr.Douglas J Shapiro
出版International Monetary Fund, 2013-10-22
主題Business & Economics / Exports & ImportsBusiness & Economics / Public FinanceBusiness & Economics / Economics / Macroeconomics
ISBN148434118X9781484341186
URLhttp://books.google.com.hk/books?id=wq8ZEAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋The West African Economic and Monetary Union (WAEMU), like other monetary unions, faces a number of challenges in dealing with macroeconomic shocks. The region experiences a large number of exogenous shocks: climate-related (e.g., droughts, floods), with a heavy toll on populations and agriculture, but also economic (e.g., terms of trade), with a large impact on key sectors and the cost of living. More generally business cycle synchronization within the WAEMU seems low. Addressing these shocks, while preserving the stability of the union, is therefore a critical issue in the WAEMU.This paper discusses these issues and suggests possible reforms.