A currency reform index for Western and Central Africa

Article Abstract:

The existence of the Franc Zone, a monetary union consisting of fourteen African countries and France, proves to be disadvantageous to its African member countries. The fourteen African members of the union have suffered unsustainable economic losses as evidenced by large budget deficits and lack of fiscal coordination. The fixed exchange rate of the French franc and the degree of their monetary integration also serve as stumbling blocks for investors and industrialists. Research has shown that African countries can only experience continued growth through union withdrawal, issuance of national currencies, and organization of their own monetary integration.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Currency boards and debt traps: evidence from Argentina and relevance for Estonia

Article Abstract:

Argentina's Currency Board Arrangement was adopted to slow inflation and improve confidence in the peso. Estonia's currency board was installed after the fall of the Soviet Union, to procure a favorable exchange rate with other European countries.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Why did Argentina's currency board collapse?

Article Abstract:

A study is conducted to analyze the economical conditions that led to the collapse of Argentina's currency board. The rigid labour markets and overvalued peso are stated as the main reasons for this downfall.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: