Occasional Papers

The West African Monetary Union An Analytical Review

ByRattan J. Bhatia

May 15, 1985

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Format: Chicago

Rattan J. Bhatia The West African Monetary Union An Analytical Review, (USA: International Monetary Fund, 1985) accessed 12/25/2025, https://doi.org/10.5089/9781616351083.084

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Summary

Until 1984, the West African Monetary Union (WAMU) consisted of six West African countries- Benin, Burkina Faso, Ivory Coast, Niger, Senegal, and Togo. (Mali withdrew from the Union in 1961 and rejoined in 1984; it is therefore excluded from this analysis, which deals with a period when it was not a member.)

Subject: Bank credit, Banking, Commercial banks, Credit, Economic integration, Financial institutions, Monetary base, Monetary unions, Money

Keywords: Africa, Asia and Pacific, Bank credit, bank financing, BCEAO, Commercial banks, Credit, deficit, discountable credit, Europe, inflation-unemployment trade-off, member government, Monetary base, Monetary unions, OP, rediscount facilities, savings ratio, West Africa