East African Community (EAC) States should not rush the signing of a monetary union if the eurozone experience is anything to go by, economic and monetary experts have warned. A recent visit by the ...
There is a common misconception that the euro area is a monetary union without a political union. This reflects a deep misunderstanding of what monetary union means. Monetary union is possible only ...
(Reuters) -Europe's economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...
Most economists would argue that monetary integration leads to financial integration; in other words, when a set of countries has a common currency, as in the European Monetary Union (EMU), for ...
This Selected Issues paper focuses on securing fiscal discipline and credibility in West African Economic and Monetary Union (WAEMU). Fiscal consolidation and the reintroduction of the WAEMU fiscal ...
Following years of negotiations involving over a dozen European nations, the Maastricht treaty was signed on February 7, 1992, and established the terms and basic timeline for European Economic and ...
ABU DHABI, Dec 17 (Reuters) - Gulf Arab states are reviewing plans for monetary union in the world's top oil exporting region after Oman opted not to join their single currency by the 2010 deadline, ...
This essay assesses the need for deeper integration in the European Union, while questioning where the current European leadership has the vision to implement such reforms in the wake of the euro ...
As Europe speeds towards greater fiscal and monetary union, a process accelerated by the debt crisis, it’s worth remembering that it took close to 150 years for the world’s other great and enduring ...
KAMPALA (Reuters) - The leaders of five East African countries signed a protocol on Saturday laying the groundwork for a monetary union within 10 years that they expect will expand regional trade.
A1.5. Qatar: Country Risk, June 26, 2000–May 28, 2003 A1.6. Saudi Arabia and GCC Countries: Selected Economic Indicators A1.7. United Arab Emirates and GCC Countries: Selected Economic Indicators The ...