Regional Integration in West Africa: Is There a Role for a Single Currency?

The ECOWAS Currency Union: A Pathway to Economic Growth and Development in West Africa.

This book provides a comprehensive analysis of the potential benefits and risks of a currency union for the Economic Community of West African States (ECOWAS).

Leading experts on economics and Africa, Prasad and Songwe, offer valuable insights into how ECOWAS could achieve and manage its currency union, and the ramifications for the African continent.

With a focus on the operational challenges and transitional risks associated with folding multiple currencies into a common union, this book provides a balanced perspective on the potential negatives of a currency union.

The authors convincingly argue that careful consideration of these factors is crucial for ECOWAS leaders seeking to meet their self-imposed deadline.

This book will be of great interest to policymakers, economists, and anyone interested in understanding the complex issues surrounding currency unions in West Africa.