Abstract
This study sought to find out the expectations of Ghanaian firms and some experts' opinion on the possible implications of a West African monetary union for Ghanaian firms. The study revealed that most of the firms sampled for this study were aware of the intention to create a monetary union in the West African sub-region. With regards to the views of experts, they were very optimistic about the creation of the monetary union and were of the opinion that, synchronizing the economies would lead to a wider market, increased trade, and create opportunities for economies of scale. They however cautioned about the adverse socio-economic effects associated with the creation of such monetary unions.
Original language | English |
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Pages (from-to) | 144-152 |
Number of pages | 9 |
Journal | Problems and Perspectives in Management |
Volume | 5 |
Issue number | 3 |
Publication status | Published - 2007 |
Externally published | Yes |
Keywords
- Ghanaian firms
- Integration
- West African monetary union