Assessing a Common Currency in Africa

The various common currency projects on the continent attest to the benefits of economic integration. Rooted in the ideology of Pan-Africanism, a common currency is perceived as a practical solution to overcoming Africa’s perennial problems of structural development. This research seeks to assess wh...

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Bibliographic Details
Main Author: Anton M. Pillay
Format: Article
Language:English
Published: University of Johannesburg 2020-03-01
Series:The Thinker
Subjects:
Online Access:https://journals.uj.ac.za/index.php/The_Thinker/article/view/228/183
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author Anton M. Pillay
author_facet Anton M. Pillay
author_sort Anton M. Pillay
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description The various common currency projects on the continent attest to the benefits of economic integration. Rooted in the ideology of Pan-Africanism, a common currency is perceived as a practical solution to overcoming Africa’s perennial problems of structural development. This research seeks to assess what can be made of Africa’s common currency projects by using two cases studies: the CFA Franc (West) and the SACU Common Monetary Area. How have these two projects experienced the quest for a common currency and how does this reflect upon Africa?
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spelling doaj.art-91e12625f2a94b9fa555005e565627b42022-12-21T21:26:15ZengUniversity of JohannesburgThe Thinker2075-24582616-907X2020-03-01834247Assessing a Common Currency in AfricaAnton M. Pillay0Vaal University of TechnologyThe various common currency projects on the continent attest to the benefits of economic integration. Rooted in the ideology of Pan-Africanism, a common currency is perceived as a practical solution to overcoming Africa’s perennial problems of structural development. This research seeks to assess what can be made of Africa’s common currency projects by using two cases studies: the CFA Franc (West) and the SACU Common Monetary Area. How have these two projects experienced the quest for a common currency and how does this reflect upon Africa?https://journals.uj.ac.za/index.php/The_Thinker/article/view/228/183africacommon currencypan-africanismcfasacu
spellingShingle Anton M. Pillay
Assessing a Common Currency in Africa
The Thinker
africa
common currency
pan-africanism
cfa
sacu
title Assessing a Common Currency in Africa
title_full Assessing a Common Currency in Africa
title_fullStr Assessing a Common Currency in Africa
title_full_unstemmed Assessing a Common Currency in Africa
title_short Assessing a Common Currency in Africa
title_sort assessing a common currency in africa
topic africa
common currency
pan-africanism
cfa
sacu
url https://journals.uj.ac.za/index.php/The_Thinker/article/view/228/183
work_keys_str_mv AT antonmpillay assessingacommoncurrencyinafrica