How Long to Read Strengthening the West African Economic and Monetary Union

By Olivier Basdevant

How Long Does it Take to Read Strengthening the West African Economic and Monetary Union?

It takes the average reader and 27 minutes to read Strengthening the West African Economic and Monetary Union by Olivier Basdevant

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

Description

West African Economic and Monetary Union (WAEMU) countries face a well-known dilemma between the need to provide shock-smoothing mechanisms and the lack of adequate mechanisms to do so. WAEMU countries are subject to frequent and, to a large extent, asymmetric shocks. They have remained poorly diversified and vulnerable to external shocks, such as changing weather conditions. In addition to limited shock-smoothing mechanisms at the regional level, WAEMU members’ ability to respond to shocks through national policies is also constrained by limited fiscal space and the need to preserve external stability—not only at the national level but also at the union level. In this context, developing a well-defined fiscal rule framework at the national level would help to build the necessary fiscal space for shock-smoothing. In addition, the development of specific shock-smoothing mechanisms—including a more developed and integrated financial sector—would also be critical. In addition, promoting financial development is also a challenge, which needs to be addressed in tandem with an adequate surveillance system. Some of these challenges have been faced by other monetary unions, such as the euro area.

How long is Strengthening the West African Economic and Monetary Union?

Strengthening the West African Economic and Monetary Union by Olivier Basdevant is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Strengthening the West African Economic and Monetary Union Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Strengthening the West African Economic and Monetary Union aloud.

What Reading Level is Strengthening the West African Economic and Monetary Union?

Strengthening the West African Economic and Monetary Union is suitable for students ages 8 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 Strengthening the West African Economic and Monetary Union?

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