MARC Record from marc_columbia

LEADER: 02653cam a2200349Ia 4500
001 10518232
005 20131118214112.0
008 130812s2012 ug a b 000 0 eng d
035 $a(OCoLC)ocn855524699
035 $a(OCoLC)855524699
035 $a(NNC)10518232
040 $aOI@$cOI@$dSTF
043 $afe-----
050 4 $aHG3983.4$b.K88 2012
082 04 $a332.4609676$223
100 1 $aKuteesa, Annette,$d1976-
245 10 $aEast African regional integration :$bchallenges in meeting the convergence criteria for monetary union /$cAnnette Kuteesa.
260 $aKampala, Uganda :$bEconomic Policy Research Centre,$c2012.
300 $aii, 23 p :$bill. ;$c30 cm.
490 1 $aResearch series ;$vno. 92
500 $a"June 2012."
504 $aIncludes bibliographical references.
520 $a"The realisation of a successful monetary union amng EAC partner states depends upon a sufficient degree of convergence of partners economies to established criteria. Gathering but scattered research has begun assessing the various benchmarks for this characteristic. This work integrates and synthesizes the various findings of literature with the view of providing a general perspective on how far the partner states have reached in meeting the macroeconomic convergence criteria and whether they have met the precondition for ascending the union. The review is done with anticipation of uncovering the challenges countries are encountering in aligning the economies to set criteria and what possible strategies exist to overcome these problems. Findings reveal that there has been very limited convergence. Generally countries remain behind the staged indictors (sic). Progress to the monetary union is challenged by the highly demanding criteria, lack of exchange rate mechanism, obstacles to the common market, multiple memberships and many more. While countries might have the option of revising the benchmarks, efforts to strengthen national economic growth, build regional capacities, harmonize policies related to the monetary union, and correct constraints in the common market will enhance deeper integration and contribute greatly to macro-economic convergence." -- Abstract.
650 0 $aMonetary unions$zAfrica, Eastern.
651 0 $aAfrica, Eastern$xEconomic integration.
651 0 $aAfrica, Eastern$xEconomic policy.
650 0 $aMacroeconomics.
610 20 $aEast African Community.
710 2 $aEconomic Policy Research Centre.
830 0 $aResearch series (Economic Policy Research Centre) ;$vno. 92.
856 41 $ahttp://ageconsearch.umn.edu/bitstream/148956/2/Series92.pdf
852 00 $boff,bus$hHG3983.4$i.K88 2012g