Toward a monetary union in the East African community: asymmetric shocks, exchange rates, and risk-sharing mechanism - African departmental paper - International Monetary Fund - Books - International Monetary Fund (IMF) - 9781513562179 - September 30, 2015
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Toward a monetary union in the East African community: asymmetric shocks, exchange rates, and risk-sharing mechanism - African departmental paper


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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.


58 pages

Media Books     Paperback Book   (Book with soft cover and glued back)
Released September 30, 2015
ISBN13 9781513562179
Publishers International Monetary Fund (IMF)
Pages 58
Dimensions 275 × 215 × 6 mm   ·   210 g
Editor International Monetary Fund

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