Download or read book The Portuguese Escudo Monetary Zone written by Maria Eugénia Mata and published by Springer Nature. This book was released on 2020-06-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph examines the failure of the Portuguese Escudo Monetary Zone and the birth of new monetary and financial systems in Portuguese-speaking African countries. Examining colonial and post-colonial times, Mata analyses the decision to build a Portuguese monetary area in the early 1960s and mid-1970s when the decolonisation process was peaking. This book offers some important lessons regarding the functioning and dismantling of monetary areas, and on the importance of central-banks’ co-operation.
Download or read book The Monetary Geography of Africa written by Paul R. Masson and published by Rowman & Littlefield. This book was released on 2004-11-30 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a s
Download or read book Overseas Economic Relations and Statehood in Europe 1860s 1970s written by Gerold Krozewski and published by Taylor & Francis. This book was released on 2023-04-06 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on official, archival, and published sources, this book explores how the formative history of the European nation-state was embedded within economic globalization and associated with conceptions of the world overseas. With a particular focus on France, Germany, Italy, and Britain, this research investigates how overseas relationships shaped state governance. The argument departs from conventional histories by linking together the analysis of economic relationships and political cultures, examining the ways in which state agency formed in different areas such as national economy building, the organization of overseas raw material and food supplies, labour, migration, and national identity. Spanning over a century, the book discusses the changing role of overseas colonies in European national development. Once a means to complete economic liberalization, colonies were then envisaged as tools of crisis management before, in the mid-twentieth century, complementarities in imperial-colonial economies shifted away from empire. This volume covers neglected aspects of the transnational history of European nation-states and is an ideal resource for students and researchers interested in the ties between Europe, Africa, and Asia, as well as connections between political, economic, and social relations and their conceptualizations.
Download or read book Area Handbook for Mozambique written by Irving Kaplan and published by . This book was released on 1977 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Area Handbook for Angola written by Allison Butler Herrick and published by . This book was released on 1967 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: General survey of history, economics, politics and culture of Angola, formerly Portuguese West Africa.
Download or read book The Periphery of the Euro written by Philippe De Lombaerde and published by Routledge. This book was released on 2017-11-30 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the monetary and exchange rate policies in Eastern European countries not covered by the current EU enlargement process. Specifically the book examines the major CIS countries: Belarus, Kazakhstan, Russia and the Ukraine. (The new Eastern European EU members are also frequently referenced for comparison purposes.) Current and prospective monetary policy options are considered and the applicability of the EU monetary integration experience for the CIS countries and the prospects of a monetary re-unification around the Russian Federation are assessed. This is the first book to formally deal with many of these questions.
Download or read book The Choice of Monetary and Exchange Rate Arrangements for a Small Open Low income Economy written by and published by . This book was released on 2008 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses São Tomé and Príncipe's monetary and exchange rate arrangements in light of the country's monetary history and the relevant experience of comparable countries in Africa. The study highlights several structural characteristics of São Tomé and Príncipe including its very small size, high degree of openness, extensive use of foreign currencies, and inflexible product and factor markets in the consideration of an appropriate monetary and exchange regime. Firmly anchored currency arrangements, defined in this paper to include memberships in monetary unions or hard pegs, are found to be preferable to the status quo of a managed float. The paper applies statistical methods and takes into account other factors to identify the appropriate anchor currency. It stresses that fiscal discipline and prudent debt management are the main prerequisites for a firmly anchored currency arrangement.
Download or read book Translations on Sub Saharan Africa written by United States. Joint Publications Research Service and published by . This book was released on 1968 with total page 968 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Anales de Econom a Aplicada 2009 written by and published by Delta Publicaciones. This book was released on 2009 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Trade Information Service written by United States. Dept. of Commerce. Bureau of International Programs and published by . This book was released on 1962 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Trade Information Service written by and published by . This book was released on 1962 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Trade Information Service written by International Programs Bureau and published by . This book was released on 1961 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings January 28 29 30 31 February 1 4 5 and 6 1963 written by United States. Congress. Joint Economic Committee and published by . This book was released on 1963 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings written by United States. Congress. Joint Economic Committee and published by . This book was released on 1963 with total page 1308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book January 1963 Economic Report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1963 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1963 with total page 844 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings Reports and Prints of the Joint Economic Committee written by United States. Congress. Joint Economic Committee and published by . This book was released on 1963 with total page 964 pages. Available in PDF, EPUB and Kindle. Book excerpt:
