Expanded monetary union in West Africa

ARTICLE - In an article published in the IMF's quarterly magazine, economists R.D. Asante and Paul Robert Masson talk with Jacqueline Irving of the IMF's external relations department about the pros and cons of expanded monetary union in West Africa.

Introduction

Six of the 15 members of the Economic Community of West African States (ECOWAS)-The Gambia, Ghana, Guinea, Liberia, Nigeria, and Sierra Leone-have launched an ambitious initiative to set up a second monetary union and common currency

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