Toward a monetary union in the East African community :: asymmetric shocks, exchange rates, and risk-sharing mechanisms /

This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report d...

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Bibliographische Detailangaben
Körperschaft: International Monetary Fund. African Department
Weitere Verfasser: Drummond, Paulo Flavio Nacif, 1966-
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: [Washington, D.C.] : International Monetary Fund, ©2015.
Schriftenreihe:International Monetary Fund. African Department (Series)
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.
Beschreibung:"Paulo Drummond, Ari Aisen, Emre Alper, Ejona Fuli, and Sébastien Walker."
"The African Department."
Beschreibung:1 online resource (vii, 59 pages) : illustrations (some color).
Bibliographie:Includes bibliographical references (pages 55-56).
ISBN:9781513536668
1513536664
9781513573816
1513573810
151358832X
9781513588322

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