Macroeconomic policy in the CFA Franc Zone

The CFA Franc Zone in West and Central Africa represents the largest monetary union in the southern hemisphere, predating the European Monetary Union by decades.

This book analyzes the recent economic experiences of the Franc Zone's member states and of its economic institutions.

It pays particular attention to the way this disparate group of countries exploit the advantages and manage the costs of adhering to a single currency.

It also analyzes the impact Franc Zone institutions have on poverty.