TY - BOOK AU - Masson,Paul R. AU - Pattillo,Catherine A. ED - International Monetary Fund. TI - Monetary union in West Africa (ECOWAS): is it desirable and how could it be achieved? SN - 1589060148 AV - HG3986.5 .M32 2001 U1 - 337.1 PY - 2001/// CY - Washington, D.C. PB - International Monetary Fund KW - Monetary unions KW - Africa, West N2 - In April 2000 six West African countries declared their intention to proceed to monetary union among the non-CFA franc countries of the region by January 2003, as a first step toward a wider monetary union including all the ECOWAS countries in 2004. The purpose of this paper is to evaluate whether a monetary union makes economic sense, to discuss the institutional requirements for successful monetary union and to consider how best the political momentum for a union can be channeled toward a fundamental improvement in underlying policies ER -