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Overview / Anne-Marie Gulde
pt. 1. Sustainability of macroeconomic policies
Monetary policy in a currency union? : the case of CEMAC / Corinne Deléchat, Gustavo Ramirez, and Romain Veyrune
Long-run determinants of inflation in WAEMU / Abdoulaye Diop, Gilles Dufrénot, and Gilles Sanon
Fiscal reaction functions in the CFA franc Zone / Oumuyiwa S. Adedeji and Oral Williams
Reserve adequacy in the CFA franc zone / Corinne Deléchat and Jan Kees Martijn
pt. 2. Capacity to adjust to changes in external conditions
Economic fundamentals and the CFA franc zone real exchange rates / Yasser Abdih and Charalambos Tsangarides
Competitiveness in the CFA franc zone / Gustavo Ramirez and Charalambos Tsangarides
What is fuzzy about clustering in West Africa? / Mahvash Saeed Qureshi and Charalambos Tsangarides
pt. 3. Integration and growth
Financial sector integration in WAEMU / Amadou Sy
Banking sector integration and competition in CEMAC / Samer Saab and Jérôme Vacher
Growth and convergence in the CFA franc zone / Catherine Pattillo, Charalambos Tsangarides, and Pierre van den Boogaerde
Trade in CEMAC : developments and reform opportunities / Jan Kees Martijn and Charalambos Tsangarides
Trade in WAEMU : developments and reform opportunities / Manuela Goretti and Hans Weisfeld.

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