Artikel
Regional integration in the West African economic and Monetary Union (WAEMU): Complementarity or competition?
This paper analyzes and characterizes the nature of the interactions between countries of the West African Economic and Monetary Union (WAEMU) over the period 1995–2015. The analysis uses sigma-convergence on the one hand and the Dendrinos-Sonis spatial competition model estimated by the SUR method on the other hand. The results show a lack of convergence of living standards and support the idea of income polarization in space; these results also support the idea of a very poorly integrated region with relatively competitive interrelationships. The paper suggests the acceleration of regional integration in the WAEMU region combined with the implementation of inclusive integration policies that promote each member's comparative advantage.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Economies ; ISSN: 2227-7099 ; Volume: 10 ; Year: 2022 ; Issue: 1 ; Pages: 1-11 ; Basel: MDPI
- Classification
-
Wirtschaft
- Subject
-
competition
complementarity
Dendrinos-Sonis model
sigma-convergence
- Event
-
Geistige Schöpfung
- (who)
-
Alinsato, Alastaire Sèna
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2022
- DOI
-
doi:10.3390/economies10010022
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Alinsato, Alastaire Sèna
- MDPI
Time of origin
- 2022
Other Objects (12)
Regional stock exchange development and economic growth in the countries of the West African economic and Monetary Union (WAEMU)
Intentions-based reciprocity to monetary and non-monetary gifts
The staged competition innovation theory
The changing effectiveness of monetary policy
Remarks on bank competition and convergence dynamics
Impact of competition on mutual fund marketing expenses
Germany versus the United States: Monetary Dominance in the Eurozone
Monetary transfers in the US: How efficient are tax rebates?
The time-varying relation between stock returns and monetary variables
Effects of fiscal and monetary policy in the Great Recession
Game of thrones: Accommodating monetary policies in a monetary union
FinTechs, BigTechs and banks: When cooperation and when competition?
Regional stock exchange development and economic growth in the countries of the West African economic and Monetary Union (WAEMU)
Intentions-based reciprocity to monetary and non-monetary gifts
The staged competition innovation theory
The changing effectiveness of monetary policy
Remarks on bank competition and convergence dynamics
Impact of competition on mutual fund marketing expenses
Germany versus the United States: Monetary Dominance in the Eurozone
Monetary transfers in the US: How efficient are tax rebates?
The time-varying relation between stock returns and monetary variables
Effects of fiscal and monetary policy in the Great Recession
Game of thrones: Accommodating monetary policies in a monetary union
FinTechs, BigTechs and banks: When cooperation and when competition?
Regional stock exchange development and economic growth in the countries of the West African economic and Monetary Union (WAEMU)
Intentions-based reciprocity to monetary and non-monetary gifts
The staged competition innovation theory
The changing effectiveness of monetary policy
Remarks on bank competition and convergence dynamics
Impact of competition on mutual fund marketing expenses
Germany versus the United States: Monetary Dominance in the Eurozone
Monetary transfers in the US: How efficient are tax rebates?
The time-varying relation between stock returns and monetary variables
Effects of fiscal and monetary policy in the Great Recession
Game of thrones: Accommodating monetary policies in a monetary union