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Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF APPLIED BUSINESS AND ECONOMICS


The Significance of Common Currency to the Success of Economic Integration


Author(s): Oladele Omosegbon

Citation: Oladele Omosegbon, (2018) "The Significance of Common Currency to the Success of Economic Integration"," Journal of Applied Business and Economics, Vol. 20, Iss.5,  pp. 109-119

Article Type: Research paper

Publisher: North American Business Press

Abstract:

All of the Regional Economic Communities, REC, in Africa, including the Economic Community of West African States, ECOWAS, have been struggling with the creation of a common currency since inception. But common currency is a necessary condition for an economic community to exist. Without economic union, Africans have been in currency unions before. The ascendancy of Africa in the world stage and the main path to avoid a stunted development as revealed in its logistic population growth, are going to depend on the size of its economy and in the use of a common currency.