Macroeconomic Convergence in Southern Africa The Rand Zone Experience
In this paper we aim to answer the following two questions: 1) has the Common Monetary Area in Southern Africa (henceforth CMA) ever been an optimal currency area (OCA)? 2) What are the costs and benefits of the CMA for its participating countries? In order to answer these questions, we carry out a...
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Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
2003.
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Series: | OECD Development Centre Working Papers,
no.231. |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706803306719 |