Monetary and Financial Systems in Africa: Integration and Economic Performance [Hardcover]

This book provides an overview of the monetary and financial systems seen in Africa. The issues related to these systems are examined to help evaluate their effectiveness in fostering the development of African economies. Economic integration is extensively discussed to highlight variations between different parts of Africa and the specific challenges seen within certain regions. The impact of monetary unions, in particular the CFA franc zone, on economic activities is also explored.

This book aims to outline how sustainable development can be achieved in Africa through well-developed financial and monetary institutions and policies. It will be relevant to students, academics and policy makers interested in African and development economics.

Part 1. Introduction.- Chapter 1. Introduction and Background: A historical perspective of the role of financial institutions in Africas development.- Part 2. Country Monetary Policy Issues.- Chapter 2. Monetary Policy and Price Stability in Ghana's Fourth Republic: Have the Dues Been Paid?.- Chapter 3. Monetary Policy Impact on Macroeconomic Performance in Tanzania: Empirical Approach.- Chapter 4. Effects of Monetary Policy Transmission on Economic Growth in Sierra Leone.- Part 3. Regional Financial Sector Issues.- Chapter 5. The monetary union and Economic Integration: Challenges of the Creation of the West African Single Currency, ECO.- Chapter 6. The Political Economy of a Monetary Union in ECOWAS: The Case of the ECO Currency.- Chapter 7. The Effects of Minimum Bank Capital and Governance on the Financing of the EmCCA Economies.- Chapter 8. Facts and Prospects of Monetary Union in East Africa.- Chapter 9. The Development Cost of Maintaining Price and Economic Stability in Central and West African CFA Franc Zone.- Chapter 10. Banking Development in West Africa.- Chapter 11. Capital Markets development and economic growth in North Africa.- Part 4. Continental Monetary Poll#!