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West African Economic and Monetary Union (UEMOA)

Barry Turner

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Abstract

Founded in 1994, the UEMOA (Union Economique et Monétaire Ouest Africaine) aims to reinforce the competitiveness of the economic and financial activities of member states in the context of an open and rival market and a rationalized and harmonized juridical environment; to ensure the convergence of the macroeconomic performances and policies of member states; to create a common market among member states; to co-ordinate the national sector-based policies; and to harmonize the legislation, especially the fiscal system, of the member states.

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Founded in 1994, the UEMOA (Union Economique et Monétaire Ouest Africaine) aims to reinforce the competitiveness of the economic and financial activities of member states in the context of an open and rival market and a rationalized and harmonized juridical environment; to ensure the convergence of the macroeconomic performances and policies of member states; to create a common market among member states; to co-ordinate the national sector-based policies; and to harmonize the legislation, especially the fiscal system, of the member states.

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Available abstract

Founded in 1994, the UEMOA (Union Economique et Monétaire Ouest Africaine) aims to reinforce the competitiveness of the economic and financial activities of member states in the context of an open and rival market and a rationalized and harmonized juridical environment; to ensure the convergence of the macroeconomic performances and policies of member states; to create a common market among member states; to co-ordinate the national sector-based policies; and to harmonize the legislation, especially the fiscal system, of the member states.

Key concepts: Member states, Convergence (economics), Single market, Economic and monetary union, Legislation, Context (archaeology), Economic union, European union

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