Research Catalog
East African regional integration : challenges in meeting the convergence criteria for monetary union
- Title
- East African regional integration : challenges in meeting the convergence criteria for monetary union / Annette Kuteesa.
- Author
- Kuteesa, Annette, 1976-
- Publication
- Kampala, Uganda : Economic Policy Research Centre, 2012.
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
| Book/Text | Request in advance | HG3983.4 .K88 2012g | Off-site | |
Not available - Please for assistance. | Book/Text | Use in library | Off-site |
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Details
- Additional Authors
- Economic Policy Research Centre.
- Description
- ii, 23 pages : illustrations; 30 cm.
- Summary
- "The realisation of a successful monetary union amng EAC partner states depends upon a sufficient degree of convergence of partners economies to established criteria. Gathering but scattered research has begun assessing the various benchmarks for this characteristic. This work integrates and synthesizes the various findings of literature with the view of providing a general perspective on how far the partner states have reached in meeting the macroeconomic convergence criteria and whether they have met the precondition for ascending the union. The review is done with anticipation of uncovering the challenges countries are encountering in aligning the economies to set criteria and what possible strategies exist to overcome these problems. Findings reveal that there has been very limited convergence. Generally countries remain behind the staged indictors (sic). Progress to the monetary union is challenged by the highly demanding criteria, lack of exchange rate mechanism, obstacles to the common market, multiple memberships and many more. While countries might have the option of revising the benchmarks, efforts to strengthen national economic growth, build regional capacities, harmonize policies related to the monetary union, and correct constraints in the common market will enhance deeper integration and contribute greatly to macro-economic convergence." -- Abstract.
- Series Statement
- Research series ; no. 92
- Uniform Title
- Research series (Economic Policy Research Centre) ; no. 92.
- Subjects
- Note
- "June 2012."
- Bibliography (note)
- Includes bibliographical references.
- OCLC
- ocn855524699
- 855524699
- SCSB-5713062
- Owning Institutions
- Columbia University Libraries