Toward a Monetary Union in the East African Community

Toward a Monetary Union in the East African Community
Author :
Publisher : International Monetary Fund
Total Pages : 58
Release :
ISBN-10 : 9781513536668
ISBN-13 : 1513536664
Rating : 4/5 (664 Downloads)

Book Synopsis Toward a Monetary Union in the East African Community by : Mr.Paulo Drummond

Download or read book Toward a Monetary Union in the East African Community written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2015-07-20 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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