Toward a Monetary Union in the East African Community

Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms

Nonfiction, Reference & Language, Law, Corporate, Business & Finance, Economics, Money & Monetary Policy
Cover of the book Toward a Monetary Union in the East African Community by Paulo Mr. Drummond, Ari Mr. Aisen, C. Emre Mr. Alper, Ejona Ms. Fuli, Sébastien Mr. Walker, INTERNATIONAL MONETARY FUND
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Author: Paulo Mr. Drummond, Ari Mr. Aisen, C. Emre Mr. Alper, Ejona Ms. Fuli, Sébastien Mr. Walker ISBN: 9781513536668
Publisher: INTERNATIONAL MONETARY FUND Publication: July 20, 2015
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Paulo Mr. Drummond, Ari Mr. Aisen, C. Emre Mr. Alper, Ejona Ms. Fuli, Sébastien Mr. Walker
ISBN: 9781513536668
Publisher: INTERNATIONAL MONETARY FUND
Publication: July 20, 2015
Imprint: INTERNATIONAL MONETARY FUND
Language: English
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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