摘要：The goal of a common currency has long been a pillar of African unity but is it
in Africa's best interests? Drawing on their recently published book, The
Monetary Geography of Africa , Masson and Pattillo conclude that a full
African monetary union spanning the continent is neither feasible nor desirable,
but selective expansions of Africa's two existing monetary unions-the CFA franc
zone in West and Central Africa and the CMA in Southern Africa-could be
feasible.Combined with stringent entrance criteria, and linked to the New
Partnership for Africa's Development, this strategy could provide a strong
incentive for improved policies.
