The Implication Of Common Currency For West African Countries
Offer
This design exploration is primarily aimed at dealing with the counteraccusations of a common currency for West African countries. As the world is geared towards globalization, West African countries supposed it veritably imperative to borrow the use of common currency in thesub-region just like their European or Francophone counterparts.
The central focus of this exploration is to know the extent to which the ECOWAS member countries have gone in establishing a common currency for West African, to find out if the preface of West African common currency will enhance profitable growth and development in thesub-region; to examine some policy measures introduced to boost the relinquishment of a west African common currency. To achieve these, the experimenter made use of both primary and secondary data questionnaire were considerably distributed to the officers of CBN( Enugu zonal office), First Bank Plc( zonal office Enugu) and NACIMA also in Enugu.
Grounded on the objects of the study, the findings reveal that the extent to which the ECOWAs member countries have gone in establishing a common currency for west Africa isn’t emotional nor encouraging. The establishment of a common currency for west Africa will only enhance profitable growth and development in the sub” region if member stats are sincere and devoted to the common ideal, the policy measures introduced to boost the relinquishment of a west Africa, common currency is less encouraging and other berecuatracice associated with the preface of common currency for west Africa in relation to trade within thesub-region couldn’t help matters. Grounded on this findings, recommendations were member countries that should be devoted and committed to the design as it will, unequivocally, enhance their profitable well” being an boost their political and profitable image worldwide.
TABLE OF CONTENTS
Title runner II
blessing runner III
fidelity IV
Acknowledgement V
Table of contents VII
List of tables
Offer VI
CHAPTER ONE
preface 1
Background of the study 1
Statement of the problem 4
Purpose of the study 5
exploration questions 6
Significance of the study 6
compass and limitation of the study 7
reference 9
CHAPTER TWO
Literature review 10
preface 10
West African Countires” ECOWAs 12
Problem of ECOWAs 17
West African Currency Board( WACB) 18
West African Currency Board operation 20
The conception” common currency 21
Global common currency 23
The Euro” Dollar 23
The need for global common currency 24
operation, headquarters and mode of operation of West African Common Currency 31
The prospect o common currency for West African 33
The problems facing the establishment of common currency for Africa. 35
References 39
CHAPTER THREE
exploration methodology
system of disquisition 42
Instrument of data collection 42
Primary sources of data 43
Secondary sources of data 43
Population and determination of sample size 44
Validity and trustability of exploration instrument 46
CHAPTER FOUR
Data donation and analysis 47
Data analysis ways 47
Analysis of questionnaires 48
CHAPTER FIVE
Summary of findings, recommendations and conclusion
Summary of findings 65
Recommendations 66
Conclusion 68
Bibliography 69
excursus 73
Leave a Comment