Toward A Monetary Union In The East African Community: Asymmetric Shocks, Exchange Rates, And Risk-Sharing Mechanisms
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2015
·
Englisch
·
Taschenbuch
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.
Format
Taschenbuch
Seiten
1 Seite
Sprache
Englisch
Veröffentlicht
Jul 31, 2015
Verlag
INTERNATIONAL MONETARY FUND
ISBN-10
1513562177
ISBN-13
9781513562179