West African Economic and Monetary Union (WAEMU) : Recent Economic Developments and Regional Policy Issues in 2000

There has been a marked deterioration in the economic and financial performance of the West African Economic and Monetary Union (WAEMU) as a whole. These developments reflected unfavorable terms of trade, political conflicts in certain countries, and a weakening of adjustment policies. Progress needs to be made in achieving fiscal consolidation and macroeconomic convergence among WAEMU member countries. It would be important to achieve a greater integration of the WAEMU region's money and financial markets.
Publication date: November 2001
ISBN: 9781451840605
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International - Economics , International - Economics , central bank , monetary union , monetary policy , terms of trade , tariff lines

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