Abstract
The paper reviews the European experience of monetary unification with the purpose of highlighting critical issues which are relaevant also for the project of West Africa monetary integration. The delicate issue of designing the institutional architecture of a monetary union, including monetary fiscal and financial supervision and regulation, is addressed, suggesting that an 'incomplete' design can be sustainable when a strong sense of commonality is present.
| Original language | Portuguese |
|---|---|
| Title of host publication | Comércio regional e integração monétaria na Africa Ocidentale e na Europa |
| Editors | Rike Sohn, Ama Konadu Oppong |
| Pages | 109-150 |
| Number of pages | 42 |
| Publication status | Published - 2013 |
Keywords
- institutional architecture
- monetary union
- policy coordination
- regional intergration