Research Catalog

Assessing regional integration in Africa 2008 : towards monetary and financial integration in Africa.

Title
Assessing regional integration in Africa 2008 : towards monetary and financial integration in Africa.
Publication
Addis Ababa, Ethiopia : United Nations Economic Commission for Africa, [2008], ©2008.

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Details

Additional Authors
  • United Nations. Economic Commission for Africa.
  • African Union.
Description
xvi, 293 pages : illustrations (some color); 24 cm
Summary
This report finds that although there are some successes, African countries are still experiencing enormous difficulties in achieving the macroeconomic convergence criteria set by their RECs, such as targets on inflation, debt-to-GDP ratio, and deficit-to-GDP ratio. The assessment also indicates that despite some financial developments, African financial market activities remain shallow, with capital markets characterized by low capitalization and liquidity. The report also provides policymakers with recommendations on how to deepen monetary and financial integration on the continent and create an enabling macroeconomic environment for the continent.--Publisher's description.
Alternative Title
  • Towards monetary and financial integration in Africa
  • Assessing regional integration in Africa III
  • Assessing regional integration in Africa (ARIA III)
Subjects
Note
  • Errata slip inserted.
  • "Sales no. E.08.II.K.4"--T.p. verso.
  • At head of title: Economic Commission for Africa, African Union.
Bibliography (note)
  • Includes bibliographical references.
Additional Formats (note)
  • Available both in print and online.
Contents
Introduction -- Developments in Africa's regional integration -- Theoretical perspectives of monetary integration --Theoretical perspectives of financial development and financial integration -- Empirical evidence on macroeconomic convergence in African RECs -- Monetary integration in Africa -- Financial integration in Africa -- The way forward.
ISBN
  • 9789211251098
  • 9211251095
LCCN
2009423040
OCLC
  • ocn301547501
  • 301547501
  • SCSB-5800640
Owning Institutions
Columbia University Libraries