ISBN: 9783842806757

With the current situation in the European Monetary Union in mind, a Monetary Union in other parts of the world seems highly inadvisable. Nevertheless, Africa has some of the oldest Monet… Meer...

With the current situation in the European Monetary Union in mind, a Monetary Union in other parts of the world seems highly inadvisable. Nevertheless, Africa has some of the oldest Monetary arrangements in the world, dating back to the beginning of the 19th century. Is Africa particularly qualified for a Monetary Union? And furthermore, what features are necessary to make Monetary Arrangements between countries endurable? This study evaluates the prospects and the feasibility of a monetary union in the Southern African Development Community (SADC) from an economic point of view. Both the theory of optimum currency areas and the recent example of the European Monetary Union are employed to analyze the pros and cons of monetary unification. The theoretical implications are operationalized, first, by a broad analysis of economic and socio graphic data, and second, by estimating the degree of structural shock synchronization between SADC countries. Results obtained by an Autoregressive and Vector Autoregressive model indicate that a monetary union which includes all SADC members is neither desirable nor feasible in the foreseeable future. However, the study concludes that a small subset of countries, including South Africa, Namibia, Swaziland, Lesotho, Mozambique, Botswana and Zambia, could gain from forming a smaller monetary union. Diplomica Verlag International Business European Monetary Union, Southern Africa, Southern African Development Community, Structural Vector Autoregressions 9783842856752 DE,GB,US,ES,IT,FR,MX English Business, Diplomica Verlag<

ISBN: 3842806752

Optimum Currency Areas: A Monetary Union for Southern Africa ab 34.99 € als pdf eBook: . Aus dem Bereich: eBooks, Belletristik, Erzählungen, Medien > Bücher, Optimum Currency Areas: A Mon… Meer...

Optimum Currency Areas: A Monetary Union for Southern Africa ab 34.99 € als pdf eBook: . Aus dem Bereich: eBooks, Belletristik, Erzählungen, Medien > Bücher, Optimum Currency Areas: A Monetary Union for Southern Africa - eBook als pdf von Christian Sorgenfrei - Diplomica Verlag - 9783842806757<

ISBN: 9783842806757

Lieferung innerhalb 1-4 Werktagen. Versandkostenfrei, wenn Buch oder Hörbuch enthalten ist, sonst 2,95 EUR. Ab 19,90 EUR versandkostenfrei. (Deutschland) eBooks > Belletristik > Erzäh… Meer...

Lieferung innerhalb 1-4 Werktagen. Versandkostenfrei, wenn Buch oder Hörbuch enthalten ist, sonst 2,95 EUR. Ab 19,90 EUR versandkostenfrei. (Deutschland) eBooks > Belletristik > Erzählungen, Diplomica Verlag<

ISBN: 3842806752

Optimum Currency Areas: A Monetary Union for Southern Africa: ab 34.99 € Medien > Bücher > E-books

ISBN: 9783842806757

ebook, Diplomica Verlag