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 West Africa Single Currency: The Lesson To Learn From European Single Currency By Dr. Mehenou Amouzou- West Africa Single Currency: The Lesson To Learn From European Single Currency By Dr. Mehenou Amouzou
- April 23, 2014
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Before talking about a single currency or economic association between the states members, we need to examine the current political structure that allows a single faction to confiscate power for twenty years or more.
Western Africa states which are represented by Economic Community of West African States (ECOWAS), a commission comprised of countries of 15 States with an equivalent of 300 million people. These numbers account for 4.5% of the world's population and just 0.5% of the world Gross Domestic Product (GDP). With an anticipated annual economic growth averaging approximately 5%, ECOWAS is now exploring the opportunity to create a single currency for ECOWAS member's states mirroring the Euro for Europea...
- View more at: http://www.1888pressrelease.com/west-africa-single-currency-the-lesson-to-learn-from-europe-pr-522448.html
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