1.

Record Nr.

UNINA9910463562003321

Titolo

The quest for regional integration in the East African community / / International Monetary Fund ; editors Paulo Drummond, S. Kal Wajid and Oral Williams

Pubbl/distr/stampa

Washington, [District of Columbia] : , : International Monetary Fund, , 2014

©2014

ISBN

1-4983-3487-3

1-4755-9360-0

Descrizione fisica

1 online resource (310 p.)

Disciplina

332.456609676

Soggetti

Monetary unions - Africa, Eastern

Electronic books.

Africa, Eastern Economic integration

Africa, Eastern Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Contents; Foreword; 1 Overview; 2 Sustaining Growth in the East African Community; 3 Economic Convergence to Support the East African Monetary Union; 4 The Fiscal Policy Challenges of Monetary Union in East Africa; 5 Implications of Monetary Union for National Fiscal Institutions in East Africa; 6 Building a Framework to Harmonize Monetary Policy; 7 How Strong Is the Monetary Transmission Mechanism in the East African Community?; 8 Exchange Rate Arrangements in the Transition to East African Monetary Union; 9 Financial Sector Stability: A Regional Approach

10 Cross-Country Financial Linkages and Implications for Financial Sector Supervision11 Financial Integration Ahead of East African Monetary Union; 12 Themes and Lessons from the Financial Sector Assessment Programs; Contributors; Index; A; B; C; D; E; F; G; H; I; K; L; M; N; O; P; R; S; T; U; V; W

Sommario/riassunto

The countries in the East African Community (EAC) are among the fastest growing economies in sub-Saharan Africa. The EAC countries



are making significant progress toward financial integration, including harmonization of supervisory arrangements and practices and the modernization of monetary policy frameworks. This book focuses on regional integration in the EAC and argues that the establishment of a time table for the eliminating the sensitive-products list and establishing a supranational legal framework for resolving trade disputes are important reforms that should foster regional integrati