Building Integrated Economies in West Africa (French Edition)

The book explores how the West African Economic and Monetary Union (WAEMU) can achieve its development and stability objectives, improve the livelihood of its people, and enhance the inclusiveness of its economic growth while preserving financial stability, enhancing competitiveness, and maintaining current fixed exchange rates.

Format: Paperback / softback
Length: 393 pages
Publication date: 30 January 2019
Publisher: International Monetary Fund (IMF)

The West African Economic and Monetary Union (WAEMU) boasts a rich and diverse history, and this comprehensive book delves into the strategies employed by the WAEMU to attain its developmental and stability goals, improve the well-being of its citizens, and promote inclusive economic growth. While ensuring financial stability, enhancing competitiveness, and maintaining current fixed exchange rates, the union strives to achieve these objectives.

The WAEMU's journey began in 1971 with the signing of the Treaty of Lagos, establishing a common market among its member states. Over the years, it has faced numerous challenges, including political instability, economic shocks, and regional conflicts. However, the union has demonstrated resilience and adaptability, implementing reforms and policies to address these challenges and promote sustainable growth.

One of the key objectives of the WAEMU is to foster economic integration among its member states. This includes promoting trade and investment, reducing trade barriers, and harmonizing economic policies. By creating a single market, the union aims to increase economic productivity, attract foreign direct investment, and create job opportunities.

To achieve this, the WAEMU has implemented various initiatives, such as the Common Market for Eastern and Southern Africa (COMESA) and the West African Monetary Zone (WAMZ). These organizations facilitate trade and investment among member states, promote regional cooperation, and address common economic challenges.

In addition to economic integration, the WAEMU also focuses on improving the livelihoods of its citizens. This includes implementing social safety nets, providing access to quality healthcare, and promoting education and skills development. By addressing social and economic inequalities, the union aims to create a more equitable and prosperous society.

Furthermore, the WAEMU recognizes the importance of gender equality and women's empowerment in achieving its development goals. The union has implemented policies and programs to promote gender equality, including the establishment of quotas for women in political and economic positions. By empowering women, the union aims to enhance productivity, reduce poverty, and promote sustainable development.

Despite its achievements, the WAEMU faces several challenges in the future. These include addressing regional disparities, improving infrastructure, and addressing the impact of climate change. The union will need to continue to prioritize reforms and policies to promote sustainable growth, enhance competitiveness, and maintain financial stability.

In conclusion, the WAEMU has a long and varied history, and this book examines how the union can achieve its development and stability objectives, improve the livelihood of its people, and enhance the inclusiveness of its economic growth. By fostering economic integration, promoting social welfare, and addressing gender equality, the WAEMU aims to create a more prosperous and sustainable future for its member states.

The West African Economic and Monetary Union (WAEMU) boasts a rich and diverse history, and this comprehensive book delves into the strategies employed by the WAEMU to attain its developmental and stability goals, improve the well-being of its citizens, and promote inclusive economic growth. While ensuring financial stability, enhancing competitiveness, and maintaining current fixed exchange rates, the union strives to achieve these objectives.

The WAEMU's journey began in 1971 with the signing of the Treaty of Lagos, establishing a common market among its member states. Over the years, it has faced numerous challenges, including political instability, economic shocks, and regional conflicts. However, the union has demonstrated resilience and adaptability, implementing reforms and policies to address these challenges and promote sustainable growth.

One of the key objectives of the WAEMU is to foster economic integration among its member states. This includes promoting trade and investment, reducing trade barriers, and harmonizing economic policies. By creating a single market, the union aims to increase economic productivity, attract foreign direct investment, and create job opportunities.

To achieve this, the WAEMU has implemented various initiatives, such as the Common Market for Eastern and Southern Africa (COMESA) and the West African Monetary Zone (WAMZ). These organizations facilitate trade and investment among member states, promote regional cooperation, and address common economic challenges.

In addition to economic integration, the WAEMU also focuses on improving the livelihoods of its citizens. This includes implementing social safety nets, providing access to quality healthcare, and promoting education and skills development. By addressing social and economic inequalities, the union aims to create a more equitable and prosperous society.

Furthermore, the WAEMU recognizes the importance of gender equality and women's empowerment in achieving its development goals. The union has implemented policies and programs to promote gender equality, including the establishment of quotas for women in political and economic positions. By empowering women, the union aims to enhance productivity, reduce poverty, and promote sustainable development.

Despite its achievements, the WAEMU faces several challenges in the future. These include addressing regional disparities, improving infrastructure, and addressing the impact of climate change. The union will need to continue to prioritize reforms and policies to promote sustainable growth, enhance competitiveness, and maintain financial stability.

In conclusion, the WAEMU has a long and varied history, and this book examines how the union can achieve its development and stability objectives, improve the livelihood of its people, and enhance the inclusiveness of its economic growth. By fostering economic integration, promoting social welfare, and addressing gender equality, the WAEMU aims to create a more prosperous and sustainable future for its member states.

Weight: 832g
Dimension: 178 x 254 x 28 (mm)
ISBN-13: 9781475532258