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Daniel Ndoye

Why and when to introduce a single currency in ECOWAS

The creation of a single currency in West Africa remains a timely and relevant project. This is despite post Euro zone crisis uncertainties, and the postponement, for the fourth consecutive time, of the introduction of a single currency in member countries of the West African Monetary Zone. In fact, in today’s international monetary context, ECOWAS member countries have serious monetary problems that no one country can single-handedly resolve.