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ANALYSE DE LA VULNERABILITE MACROECONOMIQUE DE LA ZONE FRANC

BESSO, CHRISTOPHE RAOUL and chameni, celestin (2016): ANALYSE DE LA VULNERABILITE MACROECONOMIQUE DE LA ZONE FRANC.

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Abstract

This study evaluates the macroeconomic vulnerability of the Franc zone on three main aspects: frequency, exposure and resilience to shocks, starting from 1980 to 2010. It is therefore clear that the franc zone is exposed to external trade shocks is undiversified and highly heterogeneous. These factors make the Franc Zone a very vulnerable currency area. It is therefore important that this group of countries reduce their dependency on export earnings and accelerate the diversification process. They increase intra-trade zones to reduce the heterogeneities and accelerate the process of regional integration.

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