1st Edition
The Macroeconomics of Monetary Union An Analysis of the CFA Franc Zone
By David Fielding
Copyright 2002
216 Pages
by
Routledge
208 Pages
by
Routledge
216 Pages
by
Routledge
Also available as eBook on:
This book applies contemporary macroeconomic theory and econometric modelling techniques in order to address policy issues relating to the CFA Franc Zone, a group of francophone African Countries sharing a common currency that is linked to the French Franc / Euro. Within this methodological framework, the author analyses the way in which the monetary institutions of the CFA influence macroeconomic development and policy formation.
1. An Introduction to the Institutions and Members of the CFA Franc Zone 2. CFA Membership, Exchange Rate Pegs and Inflation 3. Short-Run Monetary Policy Formation: Comparing the CFA with Anglophone Africa 4. Public Debt and the Strategic Interaction of Monetary and Fiscal Policy 5. Asset Demand and the Monetary Transmission Mechanism: the Case of Côte d'Ivoire 6. Tests of Capital Market integration between the Franc Zone and France 7. Savings, Investment and Franc Zone Membership: Time-Series Evidence from a Comparison of Côte d'Ivoire with Kenya 8. CFA Membership and the Role of Relative Price Stability in Investment Performance 9. Conclusion and Suggestions for Further Study
Biography
Fielding, David
