Munich Personal RePEc Archive

Pré-évaluation de la participation du Maroc à l’union monétaire de la CEDEAO

Rabhi, Ayoub and Haoudi, Amina (2020): Pré-évaluation de la participation du Maroc à l’union monétaire de la CEDEAO. Published in: Journal of the Geopolitics and Geostrategic Intelligence , Vol. 4, No. 2 (5 March 2020): pp. 109-122.

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Abstract

According to the theory of the optimal currency area (OCA), the choice of a country to join a monetary union is a relevant decision if the different members fulfill a set of criteria. In this context, the possible decision of Morocco to join the planned monetary union of ECOWAS requires a subtle analysis in order to assess the economic pre positioning of Morocco in relation to the other major members of ECOWAS. Our article brings some reflections on the advantages and limits of this possible participation in the monetary union of ECOWAS based on different relations that exist between Morocco and four major ECOWAS economies, namely: Nigeria, Senegal, Ghana and Ivory Coast.

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