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Title: Economic Integration in West Africa: Does the CFA Make a Difference?
Authors: Fielding, David
Shields, Kalvinder K.
First Published: Apr-2003
Publisher: Dept. of Economics, University of Leicester.
Abstract: In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union – represented in this case by the CFA Franc Zone – augments the extent of macroeconomic integration in developing countries. The paper covers a number of dimensions of integration including the volume of bilateral trade, real exchange rate volatility and the magnitude of cross-country business cycle correlation.
Series/Report no.: Discussion Papers in Economics
Type: Report
Appears in Collections:Reports, Dept. of Economics

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