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Currency Cooperation Models in Africa and Their Influence

Zhu Xiao-bi

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Abstract

The paper makes a study of the history of currency cooperation in Africa and compares the roles of different organizations of currency cooperation in Africa.The author holds the idea that the model for currency cooperation in Africa is the only regional currency system that involves different countries with different development level and carries out supervision over regional currency.It is a model for financial cooperation in underdeveloped regions.

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What this paper is about

The paper makes a study of the history of currency cooperation in Africa and compares the roles of different organizations of currency cooperation in Africa.The author holds the idea that the model for currency cooperation in Africa is the only regional currency system that involves different countries with different development level and carries out supervision over regional currency.It is a model for financial cooperation in underdeveloped regions.

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Available abstract

The paper makes a study of the history of currency cooperation in Africa and compares the roles of different organizations of currency cooperation in Africa.The author holds the idea that the model for currency cooperation in Africa is the only regional currency system that involves different countries with different development level and carries out supervision over regional currency.It is a model for financial cooperation in underdeveloped regions.

Key concepts: Currency, Business, Economics, Monetary economics

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