Is the Proposed East African Monetary Union an Optimal Currency Area? A Structural Vector Autoregression Analysis

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Steven K. Buigut; Neven Valev;
  • Subject: East African, Monetary Union, Optimal Currency Area, Structural Vector Autoregression Analysis

The treaty of 1999 to revive the defunct East African Community (EAC) ratified by Kenya, Uganda, and Tanzania came into force on July 2000 with the objective of fostering a closer co-operation in political, economic, social, and cultural fields. To achieve this, an East... View more
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