Just like any other marriage, monetary union needs tolerance

Article Abstract:

Economists still seem to have little clear idea about what will hold European monetary union (Emu) together and make it a success in the long term. The UK, which is a monetary union on a small scale, offers a good example of how Emu will work. The UK's experience indicates that regional divergences are a key element of a monetary union. It is uncertain whether Emu will bring economic benefits, but it will only be successful in the long term if there is a high level of political integration.

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New partnership needed between Africa and the developed world

Article Abstract:

Trade can play a significant role in economic development in Africa. There must also be foreign direct investment, foreign aid, external debt minimization and private capital inflows.

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Concerted action for a global problem

Article Abstract:

Alleviating poverty must be a key element of any economic development scheme. Integrating with the world economy can bring more rapid economic expansion and a drop in poverty.

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