Payments System Study in the West African Monetary Zone (WAMZ): Strategy and Policy Framework |
Contents
Introduction | 1 |
Monetary Integration Theoretical Background | 7 |
Empirical Analysis of Risks to WAMZ Economies | 25 |
28 other sections not shown
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Common terms and phrases
Abuja Accra adopted African Central Bank African Monetary Zone Authority of Heads average Banjul Bank of Ghana Broad money budget budgetary capital cent of GDP central bank financing Committee of Governors common currency Conakry contributions Convergence Council convergence criteria convergence process criterion decline domestic revenue Eco Currency economic ECOWAS ECOWAS Secretariat ensure expenditure exports external reserves external sector fiscal deficit fiscal policy foreign exchange market Forum framework Fund Gambia Ghana harmonisation implementation improved Inflation Rate interest rate macroeconomic convergence medium term meeting member countries million monetary policy monetary union months of imports n.a n.a n.a Nigeria operations Optimum Currency Areas overall performance primary criteria Proj Proj Proj projected ratio real exchange rate real GDP growth Republic of Guinea secondary criteria shocks Sierra Leone stability Summit sustained Table target tax revenue Technical Committee WAEMU WAFSA WAMI WAMZ countries WAMZ programme WAMZ Secretariat West African Monetary zonal