Building Integrated Economies in West Africa: Lessons in Managing Growth, Inclusiveness, and Volatility

Books, April 13, 2016

Source details

Canonical URL: Building Integrated Economies in West Africa: Lessons in Managing Growth, Inclusiveness, and Volatility

Author: Alexei P Kireyev
Publication date: April 13, 2016
Core focus: How the West African Economic and Monetary Union (WAEMU) can achieve development and stability objectives while improving livelihoods and enhancing inclusive growth, preserving financial stability, enhancing competitiveness, and maintaining current fixed exchange rates.
Summary statement from source: "The West African Economic and Monetary Union (WAEMU) has a long and varied history, and this book examines how the WAEMU can achieve its development and stability objectives, improve the livelihood of its people, and enhance the inclusiveness of its economic growth, all while preserving its financial stability, enhancing its competitiveness, and maintaining its current fixed exchange rates."

Development and stability objectives:
- Emphasis on balancing growth with financial stability within the WAEMU framework.
Inclusiveness and livelihoods:
- Focus on improving the livelihood of WAEMU populations through more inclusive economic growth.
Competitiveness and exchange rate regime:
- Analysis centers on enhancing competitiveness while maintaining the current fixed exchange rates.
Policy trade-offs:
- Managing growth, inclusiveness, and volatility simultaneously is presented as a core policy challenge for WAEMU members.

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