About the Book: ECO--The Common Currency of ECOWAS
The book explains the necessity of common currency for the bloc-ECOWAS (Economic
Community of West African States) by studying the huge economic literature which
endeavoured to clarify the pros and cons of introduction of ECO. It examined the
Optimum Currency Area criteria for ECOWAS during the period from 1980 to 2021
which showed both favourable and unfavourable Beta and Sigma convergences. The
process of trade integration and financial integration have favoured the
progress of economic integration of the bloc, yet there are many barriers of
social, political and economic indicators which were included in the book. The
terms of trade