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    Toward a Monetary Union in the East African Community:Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms
    Unavailable
    Toward a Monetary Union in the East African Community:Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms
    Unavailable
    Toward a Monetary Union in the East African Community:Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms
    Ebook96 pages38 minutes

    Toward a Monetary Union in the East African Community:Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms

    By Paulo Drummond, Ari Aisen and C. Emre Alper

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency.

    LanguageEnglish
    PublisherINTERNATIONAL MONETARY FUND
    Release dateJul 20, 2015
    ISBN9781513536668
    Unavailable
    Toward a Monetary Union in the East African Community:Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms

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