Capital account liberalization: the ECOWAS experience

Authors

M.O. Ojo, West African Monetary Institute, Accra, Ghana.

Publisher

Central Bank of Nigeria

Keywords

Capital account, Capital account liberalization, Capital account liberalization - ECOWAS

Abstract

Capital account liberalization can enhance economic growth and development through access to foreign savings for domestic investment, improvement in the efficiency of resources allocation for greater competitiveness in the global economy. The paper focuses on the status of Capital account liberalization in the ECOWAS region and the policy measures that could be adopted.

Author Bio

Dr. M. O. Ojo is a former Director-General, West African Monetary Institute, Accra, Ghana.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

44

Recommended Citation

Ojo, M.O. (2006). Capital account liberalization: the ECOWAS experience. CBN Economic and Financial Review, 44(4), 47-62.