Author : Mr.Paulo Drummond
Publisher : International Monetary Fund
ISBN 13 : 1513562177
Total Pages : 58 pages
Book Rating : 4.79/5 ( download)
Book Synopsis Toward a Monetary Union in the East African Community by : Mr.Paulo Drummond
Download or read book Toward a Monetary Union in the East African Community written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2015-07-20 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.