Preprint
Article

A Study of Monetary Integration in West Africa and Its Implications on Trade in Africa

Altmetrics

Downloads

359

Views

249

Comments

0

This version is not peer-reviewed

Submitted:

28 February 2020

Posted:

01 March 2020

You are already at the latest version

Alerts
Abstract
It shows the monetary investigation in west countries the big flow in economy by the gross value change effects, also the value of debt policy with debt management strategies to control the budgetary risk of long-term economy from sustainability. The intellectual policies of inflation, GDP, trade, and services and merchandise trade has effected on the West African country’s monetary policies. The implication of trade by a lag of exchange rate indicators has a positive and significant effect. The estimated results reflect the dynamic implication of trade with liquidity and proper monitoring policies. The GDP, gross value (GVA), debt policies, equity of public administration, trade in service and merchandise trade is positive and significant, all are significant. We suggest the optimum control of liquidity with trade service policy recommendations in different countries. The research method was based on 5 countries from the 16 countries of western African and elaborated by their individual indicators with the least square method. The gross value of debts and public administration controlled the development aim of an entire state with strategic and planned environment for state and reduce the level of inflation in small and enterprise section and the results analyzed the policy makers implement planned in implication of trade with domestic currency and long run endogeneity. The results analyzed the monetary policies affecting the level of growth of an individual country.
Keywords: 
Subject: Business, Economics and Management  -   Econometrics and Statistics
Copyright: This open access article is published under a Creative Commons CC BY 4.0 license, which permit the free download, distribution, and reuse, provided that the author and preprint are cited in any reuse.
Prerpints.org logo

Preprints.org is a free preprint server supported by MDPI in Basel, Switzerland.

Subscribe

© 2024 MDPI (Basel, Switzerland) unless otherwise stated