African Financial Ecosystem
eBook - ePub

African Financial Ecosystem

Towards an African Common Currency

  1. 128 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

African Financial Ecosystem

Towards an African Common Currency

About this book

Historically and contextually, various integration models were experimented with by colonial powers, but these systems largely collapsed post-independence. For instance, the French attempted to maintain cohesion but prioritized their own interests, leading to fragmentation.

Efforts in East and West Africa similarly faltered, as each nation pursued its own agenda without a unified political will. South Africa made a notable attempt, but integration never materialized; it would have required a different approach, such as the adoption of a SADC currency.

The recent endeavors of AES countries and Zimbabwe's new currency inject fresh dynamics into this ecosystem. Concurrently, the rise of new technologies presents both challenges and opportunities for financial integration.

Public organizations and pan-African institutions play crucial roles in navigating this journey, where the political dimension holds significant sway. Additionally, international dynamics, exemplified by initiatives like those of the BRICs, further influence the landscape.

Taken together, these elements paint an intriguing picture, fostering discussions on the African ecosystem and brainstorming plausible solutions. The ultimate aim is to achieve, within a reasonable timeframe, a monetary union and a common African currency.

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Yes, you can access African Financial Ecosystem by Dr. Jean-Denis Gabikini in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Austin Macauley Publishers
Year
2024
eBook ISBN
9798891557949
Edition
0
Topic
Economics
Subtopic
Development Economics
Index
Economics

Table of contents

  1. African Financial Ecosystem
  2. About the Author
  3. Dedication
  4. Copyright Information ©
  5. Acknowledgment
  6. Tables
  7. Figures
  8. Abbreviations
  9. Keywords
  10. Foreword
  11. Introduction
  12. Chapter I The Evolving Development of Monetary Integration in Africa
  13. Chapter II Assessing Current Regional Monetary Integration Projects
  14. Chapter III Prerequisite for an Economic and Monetary Union
  15. Chapter IV Enabling Factors to the Creation of Political Conditions for African Financial Integration
  16. Chapter V Prospects for the African Monetary Zone (Amz)
  17. Chapter VI Meeting the Challenge of Illicit Financial Flows (Iff). A Matter of Survival for the African Financial Ecosystem
  18. Chapter VII Seizing Opportunities Offered by Recs
  19. Chapter VIII Financial Innovation: The Digital Evolution of Currencies to Promote a Common Currency in Africa
  20. Chapter IX The Pivotal Role of African Financial and Monetary Integration for the Development of Key Sectors
  21. Chapter X The Impact of the Brics Common Currency Project on the Future of African Financial Integration
  22. Chapter XI Opportunities and Challenges of the Interface Between the Prospective African Financial Ecosystem and the International Financial System
  23. Recommendations
  24. Conclusion
  25. Bibliography