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2005-07-18
英文文献:A summary of a survey on proposed African monetary unions-关于拟议的非洲货币联盟的调查摘要
英文文献作者:Simplice Asongu,Jacinta C. Nwachukwu,Vanessa S. Tchamyou
英文文献摘要:
This review summarises a survey of about 70 empirical studies on proposed African monetary unions published during the past fifteen years. Four main strands are outlined in four tables. They include the: (i) West African Monetary Zone (WAMZ), (ii) East African Monetary Union (EAMU), (iii) Southern African Monetary Union (SAMU) and (iv) African Monetary Union (AMU). A number of concerns are apparent from the feasibility and/or desirability of potential monetary unions. They are variations in: empirical strategies, selection of variables, considered periodicities and sampled countries. The Hegelian dialectics are used to establish selective expansion as the predominant mode of monetary integration. Some studies make the case for strong institutions and pegs as alternatives to currency unions. The employment of cluster analysis, distinguishing shocks from responses in the examination of business cycle synchronisation and the disaggregation of panels into sub-samples provide more subtle policy implications.

这篇综述总结了过去15年中发表的关于提议中的非洲货币联盟的70份实证研究。四张表列出了四股主要股。它们包括:(i)西非货币区(WAMZ)、(ii)东非货币联盟(EAMU)、(iii)南部非洲货币联盟(SAMU)和(iv)非洲货币联盟(AMU)。从潜在货币联盟的可行性和/或可取性来看,许多担忧是显而易见的。它们是在以下方面的变化:经验策略、变量的选择、考虑的周期和抽样的国家。黑格尔的辩证法确立了选择性扩张作为货币一体化的主导模式。一些研究表明,强有力的制度和挂钩制度是货币联盟的替代品。在对商业周期同步化的研究中,使用聚类分析、将冲击与反应区分开来,以及将面板分解为子样本,提供了更为微妙的政策暗示。
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