Toward a monetary union in the East African community: asymmetric shocks, exchange rates, and risk-sharing mechanism

Author:   International Monetary Fund ,  Paulo Drummond ,  Ari Aisen ,  C. Emre Alper
Publisher:   International Monetary Fund (IMF)
Volume:   15/6
ISBN:  

9781513562179


Pages:   58
Publication Date:   30 September 2015
Format:   Paperback
Availability:   Out of stock   Availability explained
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Toward a monetary union in the East African community: asymmetric shocks, exchange rates, and risk-sharing mechanism


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Overview

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.

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Author:   International Monetary Fund ,  Paulo Drummond ,  Ari Aisen ,  C. Emre Alper
Publisher:   International Monetary Fund (IMF)
Imprint:   International Monetary Fund (IMF)
Volume:   15/6
Dimensions:   Width: 15.20cm , Height: 0.30cm , Length: 28.00cm
Weight:   0.213kg
ISBN:  

9781513562179


ISBN 10:   1513562177
Pages:   58
Publication Date:   30 September 2015
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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