The West African CFA Franc Zone as a Double Monetary Union:

2021 ◽  
pp. 131-157
Author(s):  
Carla Coburger
Keyword(s):  
Monetary Union ◽  
West African ◽  
The West ◽  
Franc Zone ◽  
Cfa Franc Zone ◽  
Cfa Franc

Reform of West African currency is some way off

2019 ◽  
Keyword(s):  
Monetary Union ◽  
West African ◽  
Equatorial Guinea ◽  
Economic And Monetary Union ◽  
Regional Government ◽  
The West ◽  
Content Type ◽  
Macroeconomic Instability ◽  
Cfa Zone ◽  
Cfa Franc

Subject West African franc. Significance Despite apparent growing domestic opposition to the CFA franc in recent years, regional government efforts to defend its integrity have increased, particularly among the Central African Economic and Monetary Community countries (CEMAC). On the West African Economic and Monetary Union (WAEMU) side, an uptick in the volume and issuers of Eurobonds has increased dependence on the key feature of the CFA franc -- its unlimited convertibility to euros guaranteed by the French Treasury. Impacts Complacency among WAEMU countries could replace macroeconomic instability in CEMAC as the main threat to the CFA franc. As the sole CEMAC country without an IMF package, Equatorial Guinea will come under growing pressure to finalise negotiations for one soon. Greater progress towards macroeconomic convergence in the CFA zone will shield its members from the proposed ECOWAS ‘Eco’ zone.

scholarly journals CO2 Emissions and Economic Growth in the West African Economic and Monetary Union (WAEMU) Countries

2017 ◽  
Vol 6 (2) ◽  
pp. 174 ◽  
Author(s):  
Youmanli Ouoba
Keyword(s):  
Co2 Emissions ◽  
Monetary Union ◽  
Trade Openness ◽  
Test Procedure ◽  
West African ◽  
Economic And Monetary Union ◽  
Kuznets Curve ◽  
The West ◽  
The Government ◽  
Bound Test

The objective of this work is to address the validity of a quadratic environmental Kuznets curve (EKC) hypothesis in the West African Economic and Monetary Union (WAEMU) countries over the period 1970-2010. The bound test procedure is used to analyze the relationship between CO2 emissions and GDP. The results indicate that there is no long term relationship between these variables for the panel of 8 countries of the WAEMU. Similarly, the co-integration exists only in Benin, Mali and Togo. For the purposes of robustness check, additional variables (energy consumption and trade openness) and the Sasabuchi–Lind–Mehlum U test are used. The results confirm the validity of a quadratic carbon Kuznets curve only in Mali. Moreover, the validity of the "pollution havens" hypothesis suggests that the government of Mali should strengthen its environmental regulation policy to limit the influx of polluting industries in the country.

The CFA Franc Zone

2015 ◽  
Author(s):  
Célestin Monga ◽  
Justin Yifu Lin ◽  
Jean-Claude Tchatchouang
Keyword(s):  
Franc Zone ◽  
Cfa Franc Zone ◽  
Cfa Franc

Election dispute belies Togo's deeper stability risks

2015 ◽  
Keyword(s):  
Public Health ◽  
Child Mortality ◽  
Mortality Rates ◽  
West African ◽  
The Political ◽  
The West ◽  
Content Type ◽  
Franc Zone ◽  
The Military ◽  
Democratic Norms

Subject The political outlook in Togo. Significance On April 28, the Independent National Electoral Commission (CENI) announced that President Faure Gnassingbe had won re-election in the presidential ballot held on April 25, with 58.75% of the vote. His controversial third term will extend his family's rule to nearly 50 years. Opposition candidate Jean-Pierre Fabre secured 34.95% of the vote. His Combat for Political Change (CAP) alliance rejects the result. Impacts Western donors' effectiveness at pushing for democratic norms will wane as Togo, like other African states, accesses new debt sources. Togo's membership of the West African CFA franc zone, which is backed by the French treasury, will ensure currency stability. A Burkina Faso-style ouster of Gnassingbe is unlikely, for now -- he enjoys the support of the military who first installed him. Despite being spared the Ebola crisis, standards of public health will remain poor, with child mortality rates far above global averages.

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