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The West African Economic and Monetary Union: Recent Developments and Policy Issues

International Monetary Fund (IMF), Sep 1998, Pages: 39


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Following a serious deterioration of the competitive position of the WAEMU region in the 1980s and the eary 1990s, the countries took steps that have led to a significant turnaround in economic activity, a drop in inflation, and increases in output, exports and investment. This study describes policy issues that the region continues to face and suggests how the WAEMU countries can address them.



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