Central Bank of Nigeria, Research Department.
Economic Community of West African States (ECOWAS), West Africa Monetary Zone (WAMZ), Exchange rate, European Monetary System
This paper discusses issues relating to the adoption and implementation of an Exchange Rate Mechanism (ERM) under the West Africa Monetary Zone (WAMZ) and the conceptual issues relating to ERM and exchange rate regimes. The experiences of the European Union which operated an ERM for quite sometime before the adoption of a single currency - the EURO - are brought to bear on the discussions.
Obadan, M. I. (2002). Exchange rate mechanism under the West African Monetary Zone (WAMZ). Economic and Financial Review, 40(4), 149-165.