Publication

2004-11-01 - Brookings Institution Press

Language

English

Word Count

54,250 words, Guess

Page Count

217 pages

Physical Format

Hardcover

Identifiers

and 1 more
  • Goodreads4339588

Classifications

  • LCCHG1325 .M375 2005

Description

"Should Africa work toward a single currency? Can the European Union be a model for African nations? The goal of a common African currency has long been a pillar of African unity, a symbol of the strength that its backers hope will emerge from efforts to integrate the continent. A common currency could increase economic stability, provide greater insulation for central banks from pressures to provide monetary financing, and lower transactions costs. But there are many pitfalls along the road to achieving those goals. In The Monetary Geography of Africa, Paul Masson and Catherine Pattillo analyze the current situation and prospects for further integration."--BOOK JACKET.

First Sentence

Africa finds itself at an important juncture in its history as the twenty-first century gets under way.

Subjects

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