L’optimalité monétaire de la zone CEDEAO peut-elle aboutir à la création d’une nouvelle monnaie commune? Can the monetary optimality of the ECOWAS zone lead to the creation of a new common currency ?
Year: 2025
Type: article
Abstract: The purpose of this article is to study the possibility of creating a common currency within theEconomic Community of West African States (ECOWAS), which is still forcing difficulties in theachievement of monetary integration, despite the adoption of the Monetary CooperationProgramme. For this, we applied the various criteria constituting an OZ to the economies of theECOWAS countries. The aim is to analyze the progress made in the project, the obstaclesencountered, as well as the challenges and the improvements to be made.The results show that despite the accumulative delays, some progress has been made, such as: thefree trade area, the customs union, and the integration of stock markets.
Institutions: University of Béjaïa, University of Bamako
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7215533362