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Fixed Exchange Rate and Cfa Franc: Brake or Asset for Foreign Trade in West Africa?
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By Professor Amath Ndiaye, FASEG UCAD The aim is to analyse the trade balance balances of ECOWAS countries and to show that external imbalances are the result of the extraverted structure of economies, more than the fixed or flexible exchange rate. Contrasting trade balancesThe review of the average data for the period 2013-2023 reveals significant differences between the countries of the WAEMU and those of the ZMOA (source: WDI). Read more»
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