Economics, Econometrics and Finance
6 years ago

African Economic Growth Hinges on Common Currency for Success

Journal of Applied Business and Economics
The Significance of Common Currency to the Success of Economic Integration
Oladele Omosegbon

Paper Summary

Having a common currency is crucial for economic communities to succeed. African regions like ECOWAS have been struggling to establish one. Without economic unity, Africa's development could be hindered. A common currency is key for Africa to grow its economy and compete globally.

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