Toward a monetary union in the East African community : asymmetric shocks, exchange rates, and risk-sharing mechanisms / Paulo Drummond [and others].

Contributor(s):

Material type: Text

TextSeries: International Monetary Fund. African Department (Series)Publication details: [Washington, D.C.] : International Monetary Fund, ©2015.Description: 1 online resource (vii, 59 pages) : illustrations (some color)Content type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781513536668
1513536664
9781513573816
1513573810
151358832X
9781513588322

Subject(s): Genre/Form:

Electronic books.

Additional physical formats: Print version:: Toward a monetary union in the East African community.DDC classification:

332.4/9676 23

LOC classification:

HG3983.4 .T69 2015eb

Online resources:

Click here to access online

Abstract: This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.

Item type:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Home library	Collection	Call number	Materials specified	Status	Date due	Barcode
Electronic-Books	OPJGU Sonepat- Campus	E-Books EBSCO			Available

"Paulo Drummond, Ari Aisen, Emre Alper, Ejona Fuli, and Sébastien Walker."

"The African Department."

Includes bibliographical references (pages 55-56).

This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.