| | | | Webinar 1: 28th February 2023 (11:00 - 12:30 GMT) | | Webinar ID: 859 2184 7773 | | Zoom Passcode: 616447 |
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| | | | | Burkina Faso, Cote D'Ivoire, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Mauritania, Morocco, Senegal, Sao Tome and Principe, Sierra Leone, The Gambia, Togo |
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| | Algeria, Angola, Benin, Cameroon, Central African Republic, Chad, Congo Rep., Congo Dem. Rep, Equatorial Guinea, Gabon, Niger, Nigeria, Tunisia |
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| | Botswana, Burundi, Egypt, Eswatini, Lesotho, Libya, Malawi, Mozambique, Namibia, Rwanda, South Africa, South Sudan, Sudan, Zambia, Zimbabwe |
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| | Comoros, Djbouti, Eritrea, Ethiopia, Kenya, Madagascar, Somalia, Tanzania, Uganda |
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| | | | Presentation by Evaldo Baptista | | “A single currency for the Economic Community of West Africa?” | | | | Abstract | | This paper assesses the economic support for the creation of an Economic Community of West African States (ECOWAS) monetary union encompassing all its 15 members, an objective that was set more than 30 years ago. In line with previous empirical research, our conclusion is that the adoption of a common currency by the whole region is not recommended. This work takes a step forward and assesses alternative ways to reduce the current number of currencies in circulation in the Community. Based on our results, we suggest (i) the merging of the currencies of Guinea, Liberia and Sierra Leone into a single currency and (ii) the Gambia to join the West African Economic and Monetary Union (WAEMU). |
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