How Long to Read Optimum Currency Areas: A Monetary Union for Southern Africa

How Long Does it Take to Read Optimum Currency Areas: A Monetary Union for Southern Africa?

It takes the average reader 1 hour and 30 minutes to read Optimum Currency Areas: A Monetary Union for Southern Africa by Christian Sorgenfrei

Assuming a reading speed of 250 words per minute. Learn more

Description

With the current situation in the European Monetary Union in mind, a Monetary Union in other parts of the world seems highly inadvisable. Nevertheless, Africa has some of the oldest Monetary arrangements in the world, dating back to the beginning of the 19th century. Is Africa particularly qualified for a Monetary Union? And furthermore, what features are necessary to make Monetary Arrangements between countries endurable? This study evaluates the prospects and the feasibility of a monetary union in the Southern African Development Community (SADC) from an economic point of view. Both the theory of optimum currency areas and the recent example of the European Monetary Union are employed to analyze the pros and cons of monetary unification. The theoretical implications are operationalized, first, by a broad analysis of economic and socio graphic data, and second, by estimating the degree of structural shock synchronization between SADC countries. Results obtained by an Autoregressive and Vector Autoregressive model indicate that a monetary union which includes all SADC members is neither desirable nor feasible in the foreseeable future. However, the study concludes that a small subset of countries, including South Africa, Namibia, Swaziland, Lesotho, Mozambique, Botswana and Zambia, could gain from forming a smaller monetary union.

How long is Optimum Currency Areas: A Monetary Union for Southern Africa?

Optimum Currency Areas: A Monetary Union for Southern Africa by Christian Sorgenfrei is 88 pages long, and a total of 22,704 words.

This makes it 30% the length of the average book. It also has 28% more words than the average book.

How Long Does it Take to Read Optimum Currency Areas: A Monetary Union for Southern Africa Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 4 minutes to read Optimum Currency Areas: A Monetary Union for Southern Africa aloud.

What Reading Level is Optimum Currency Areas: A Monetary Union for Southern Africa?

Optimum Currency Areas: A Monetary Union for Southern Africa is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Optimum Currency Areas: A Monetary Union for Southern Africa?

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