Regional Integration and Policy Challenges in Africa

1. Overview
Adam B. Elhiraika, Allan C. K. Mukungu, Wanjiku Nyoike

Part I. Convergence, Monetary Policy, and Economic Growth

2. Can Inflation in WAMZ Converge without Monetary Policy Coordination?
Emmanuel Dele Balogun

3. Economic Integration in WAEMU: Nominal Convergence and Growth Dynamics
William Gbohoui

4. Monetary Policy and Economic Growth in CEMAC: A Panel Data Approach
Simon Yannick Fouda Ekobena

Part II. Institutional Integration and Policy Coordination

5. The Challenges of Regional Integration in the East Africa Community
Patricia Mukiri Mwithiga

6. Regional Integration in Africa through the Harmonization of Laws
Regis Y. Simo

7. External Debt, Quality of Institutions, and Economic Growth in WAEMU
Jérôme Ouedraogo

Part III. Financial Integration and Regulation

8. Financial Integration and Economic Growth: Portfolio Equity Flows to Sub-Saharan Africa
Eric Osei-Assibey, Seth Obeng Adu

9. Financial Frictions and Exchange Rates in ECOWAS’s Prospective Monetary Union
Lacina Balma

10. Financial Deepening Dynamics and Implication for Financial Policy Coordination in WAEMU
Christian L. Nguena, Temilade M. Abimbola

11. Illicit Financial Flows, Trade Mispricing, and their impact on African economies
Simon Mevel, Siope Vakataki ‘Ofa, Stephen Karingi

Part IV. Fiscal Policy and Regional Integration

12. Harmonized Budget Programming Reforms in Africa: Senegal’s Experience with MTEF
Ligane Massamba Sene, El Hadji Fall

13. Monitoring Fiscal Sustainability in Africa
Moses Obinyeluaku

14. Fiscal Rules in WAEMU: Limiting Public Deficits
Mohamed Coulibaly

15. Conclusion
Adam B. Elhiraika, Allan C. K. Mukungu, Wanjiku Nyoike

Nyckelord: Economics, Economic Growth, Political Economy, Development Economics, Economic Theory/Quantitative Economics/Mathematical Methods