This study estimates the rate and distance to convergence of WAMZ Member States and provides a comparative analysis of … nominal and real convergence to evaluate WAMZ's preparedness for monetary integration. We employ monthly data on the consumer … price index and nominal exchange rate from January 2003 to December 2022 to assess nominal convergence, while annual real …

Achieving fiscal convergence between countries of a monetary union helps in the design and implementation of policies … to strengthen macroeconomic convergence, which mitigates the contagion effects of macroeconomic instability and ensures … the long-term viability of the proposed union. This paper assesses the extent of fiscal convergence among the West African …

stance of the WAMZ convergence criterion to contain public debt at less than or equal to 70 percent, which is also reflected …