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Toward a Monetary Union in the East African Community

Toward a Monetary Union in the East African Community Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms - Departmental Papers / Policy Papers

Paperback (30 Sep 2015)

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    Publisher's Synopsis

    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.

    Book information

    ISBN: 9781513562179
    Publisher: International Monetary Fund
    Imprint: International Monetary Fund
    Pub date:
    DEWEY: 332.49676
    DEWEY edition: 23
    Language: English
    Number of pages: 58
    Weight: 210g
    Height: 215mm
    Width: 275mm
    Spine width: 6mm

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