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West African Monetary Union and its Implications for Ghanaian Firms
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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 ...
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