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  • 标题:A Single Currency for Africa?
  • 本地全文:下载
  • 作者:Paul Masson ; Catherine Pattillo
  • 期刊名称:Finance and Development
  • 印刷版ISSN:0015-1947
  • 电子版ISSN:0145-1707
  • 出版年度:2004
  • 卷号:41
  • 期号:04
  • 出版社:International Monetary Fund
  • 摘要:The goal of a common currency has long been a pillar of African unity but is it in Africa's best interests? Drawing on their recently published book, The Monetary Geography of Africa , Masson and Pattillo conclude that a full African monetary union spanning the continent is neither feasible nor desirable, but selective expansions of Africa's two existing monetary unions-the CFA franc zone in West and Central Africa and the CMA in Southern Africa-could be feasible.Combined with stringent entrance criteria, and linked to the New Partnership for Africa's Development, this strategy could provide a strong incentive for improved policies.
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