LEADER 06507oam 22014774 450 001 9910824166103321 005 20240402051637.0 010 $a1-4552-6102-5 010 $a1-4519-9866-X 010 $a1-283-53603-X 010 $a9786613848482 010 $a1-4519-2674-X 035 $a(CKB)2470000000001379 035 $a(EBL)1608564 035 $a(SSID)ssj0000085779 035 $a(PQKBManifestationID)11123889 035 $a(PQKBTitleCode)TC0000085779 035 $a(PQKBWorkID)10025350 035 $a(PQKB)10634819 035 $a(Au-PeEL)EBL1608564 035 $a(CaPaEBR)ebr10300269 035 $a(CaONFJC)MIL384848 035 $a(OCoLC)870245436 035 $a(IMF)CFZCEE 035 $a(IMF)CFZCEA 035 $a(MiAaPQ)EBC1608564 035 $a(EXLCZ)992470000000001379 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe CFA Franc Zone : $eCommon Currency, Uncommon Challenges /$fAnne Gulde, Charalambos Tsangarides 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (410 p.) 300 $aDescription based upon print version of record. 311 $a1-58906-675-8 320 $aIncludes bibliographical references. 327 $tOverview /$rAnne-Marie Gulde --$gpt. 1. Sustainability of macroeconomic policies --$tMonetary policy in a currency union? : the case of CEMAC /$rCorinne Dele?chat, Gustavo Ramirez, and Romain Veyrune --$tLong-run determinants of inflation in WAEMU /$rAbdoulaye Diop, Gilles Dufre?not, and Gilles Sanon --$tFiscal reaction functions in the CFA franc Zone /$rOumuyiwa S. Adedeji and Oral Williams --$tReserve adequacy in the CFA franc zone /$rCorinne Dele?chat and Jan Kees Martijn --$gpt. 2. Capacity to adjust to changes in external conditions --$tEconomic fundamentals and the CFA franc zone real exchange rates /$rYasser Abdih and Charalambos Tsangarides --$tCompetitiveness in the CFA franc zone /$rGustavo Ramirez and Charalambos Tsangarides --$tWhat is fuzzy about clustering in West Africa? /$rMahvash Saeed Qureshi and Charalambos Tsangarides --$gpt. 3. Integration and growth --$tFinancial sector integration in WAEMU /$rAmadou Sy --$tBanking sector integration and competition in CEMAC /$rSamer Saab and Je?ro?me Vacher --$tGrowth and convergence in the CFA franc zone /$rCatherine Pattillo, Charalambos Tsangarides, and Pierre van den Boogaerde --$tTrade in CEMAC : developments and reform opportunities /$rJan Kees Martijn and Charalambos Tsangarides --$tTrade in WAEMU : developments and reform opportunities /$rManuela Goretti and Hans Weisfeld. 330 3 $aAbout one-third of countries covered by the IMF's African Department are members of the CFA franc zone. With most other countries moving away from fixed exchange rates, the issue of an adequate policy framework to ensure the sustainability of the CFA franc zone is clearly of interest to policymakers and academics. However, little academic research exists in the public domain. This book aims to fill this void by bringing together work undertaken in the context of intensified regional surveillance and highlighting the current challenges and the main policy requirements if the arrangements are to be carried forward. The book is based on empirical research by a broad group of IMF economists, with contributions from several outside experts. 410 0$aBooks 606 $aFrench franc area 606 $aMonetary unions$zAfrica, French-speaking 606 $aBanks and Banking$2imf 606 $aExports and Imports$2imf 606 $aFinance: General$2imf 606 $aForeign Exchange$2imf 606 $aMacroeconomics$2imf 606 $aTaxation$2imf 606 $aInflation$2imf 606 $aTrade: General$2imf 606 $aTrade Policy$2imf 606 $aInternational Trade Organizations$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aEmpirical Studies of Trade$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aInternational economics$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aPublic finance & taxation$2imf 606 $aBanking$2imf 606 $aFinance$2imf 606 $aReal effective exchange rates$2imf 606 $aTariffs$2imf 606 $aImports$2imf 606 $aReal exchange rates$2imf 606 $aInternational trade$2imf 606 $aTaxes$2imf 606 $aTerms of trade$2imf 606 $aTariff$2imf 606 $aBanks and banking$2imf 606 $aEconomic policy$2imf 606 $anternational cooperation$2imf 606 $aExports$2imf 607 $aAfrica, French-speaking$xEconomic policy 607 $aCôte d'Ivoire$2imf 615 0$aFrench franc area. 615 0$aMonetary unions 615 7$aBanks and Banking 615 7$aExports and Imports 615 7$aFinance: General 615 7$aForeign Exchange 615 7$aMacroeconomics 615 7$aTaxation 615 7$aInflation 615 7$aTrade: General 615 7$aTrade Policy 615 7$aInternational Trade Organizations 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aEmpirical Studies of Trade 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aInternational economics 615 7$aCurrency 615 7$aForeign exchange 615 7$aPublic finance & taxation 615 7$aBanking 615 7$aFinance 615 7$aReal effective exchange rates 615 7$aTariffs 615 7$aImports 615 7$aReal exchange rates 615 7$aInternational trade 615 7$aTaxes 615 7$aTerms of trade 615 7$aTariff 615 7$aBanks and banking 615 7$aEconomic policy 615 7$anternational cooperation 615 7$aExports 676 $a332.4/966 700 $aGulde$b Anne$01701343 701 $aTsangarides$b Charalambos$01462110 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910824166103321 996 $aThe CFA Franc Zone$94085006 997 $aUNINA