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African Economic and Monetary Union (WAEMU)

"This paper measures the efficiency of WAEMU banks and its determining factors, after the banking system reforms from 1993 to 1996. Data envelopment analysis (DEA) was used for assessing technical efficiency and a stochastic frontier analysis (SFA...

Monetary Harmonization in Southern Africa

"As interest in the formation of a monetary union in the region grows, naturally questions are being asked about the conditions under which a monetary union would be desirable and viable, the desirable form and extent of such a monetary union, t...

The Impact of Subregional Integration on Bilateral Trade: The Case of UEMOA

"The aim of this study was to evaluate the impact of preferential trade agreements and the monetary union on bilateral trade between UEMOA member countries. With the use of a dynamic gravity model, it was possible to realize that membership in a...

Analyse de lʼinteraction des Politiques Budgétaire et Monétaire au sein de lʼUnion Economique et Monétaire Ouest Africaine /Analysis of the Budgetary and Monetary Policy Interaction within the West African Economic and Monetary Union

This article analyzed the coordination of fiscal and monetary policies within the UEMOA. The analysis of the evolution of budget deficits and public debt shows that there is some form of coordination reinforced by the implementation of the Stabili...

Union Monétaire et Impact du Commerce Bilatéral Intra Zone: Approche par les VAR Structurels dans la Zone CFA / Monetary Union and the Impact of Intra Zone Bilateral Trade: Structural VAR Approach in the CFA Zone

This article tries to answer empirically to the second assumption on the theory of the ZMO developed by Mc Kinnon (1963), starting from a study on a sample of country of the CFA zone. It is pressed on the assets of the gravity models to highlight...

Co-Mouvements économiques dans les Pays de la Zone CFA: une Analyse par le Modèle Factoriel Dynamique généralisé/ Economic Co-Movements in the CFA Zone Countries: an Analysis by the Generalized Dynamic Factorial Model

The purposeof this paper is to verify whether the economic and monetary integration policies developed under the CFA area create co-movements of business cycles of member countries. Indeed, the synchronization of business cycles is a result which ...

Africa's Cryptocurrency Boom: The Bitcoin Craze

Cryptocurrency as a digital asset is designed to work as a medium of exchange that uses cryptography to anonymously secure its transactions, control the creation of additional units and to verify the transfer of assets. Cryptography the process o...

Le Franc CFA: Impact sur les Taux d’Inflation et de Croissance des pays d’Afrique de l’Ouest et d’Afrique centrale sur la période 1999-2017/ The CFA Franc: Impact of the Inflation and Growth Rates of West and Central African Countries between 1999-2017

For more than 70 years, the CFA franc has been the common currency of fourteen countries on the African continent. Comparing the growth and inflation rates of member countries of the Economic Monetary Union of Africa of the West (WAEMU) and the ec...

East African Regional Integration: Challenges in Meeting the Convergence Criteria for Monetary Union

"The realization of a successful monetary union among EAC partner states depends upon a sufficient degree of convergence of partners economies to established criteria. Gathering but scattered research has begun assessing the various benchmarks for...

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