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" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goa

The financial system in the WAEMU remains largely bank-based. The banking sector comprises 106 banks and 13 financial institutions, which together hold more tha

West African Economic and Monetary Union (WAEMU) countries face a well-known dilemma between the need to provide shock-smoothing mechanisms and the lack of adeq

Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower

​This book presents a number of key studies pertaining to the most pressing challenges of economic regional integration in West Africa. The issues of monetary