Toward a Monetary Union in the East African Community : Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms /

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 d...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Drummond, Paulo
Tác giả khác: Aisen, Ari, Alper, Emre, Fuli, Ejona
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2015.
Loạt:Departmental Papers; Departmental Paper ; No. 2015/008
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt: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.
Mô tả sách:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Mô tả vật lý:1 online resource (58 pages)
Định dạng:Mode of access: Internet
số ISSN:2616-5333
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students