THE CFA FRANC AND THE DEVELOPMENT OF THE FRANC ZONE Cover Image

LE FRANC CFA ET LE DÉVELOPPEMENT DE LA ZONE FRANC
THE CFA FRANC AND THE DEVELOPMENT OF THE FRANC ZONE

Author(s): Prao Seraphine
Subject(s): Economy
Published by: Editura Bibliotheca
Keywords: zone of monetary anchoring; Franc zone; growth and development; monetary sovereignty

Summary/Abstract: Our study aims at establishing the bond between the adoption of CFA franc as currency of 15 African countries and their economic development. Our study shows that CFA franc is, for a great part, responsible of the underdevelopment of the African Countries of the CFA Zone. The study lets thus foresee a weak consideration for monetary dimension in the development process sin Africa.

  • Issue Year: 2010
  • Issue No: 2 (07)
  • Page Range: 62-68
  • Page Count: 14
  • Language: French
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