Progress toward regional integration in the WAEMU

The IMF Working Paper "Ten years after the CFA franc devaluation: Progress toward regional integration in the WAEMU" takes stock of the achievements toward integration in the West African Economic and Monetary Union (WAEMU) 10 years after the 1994 devaluation of the CFA franc.

It investigates the lessons learned and evaluates progress toward economic convergence, examines the evolution of trade and competitiveness, and points to ways to remove impediments to greater integration. The paper

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