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

eBook - 2015
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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.
Publisher: [United States] : International Monetary Fund : Made available through hoopla, 2015
ISBN: 9781513536668
1513536664
Branch Call Number: eBook hoopla
Characteristics: 1 online resource

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