This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...

This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...

L’article cherche à montrer que le régime monétaire particulier à Djibouti, le Currency Board, est un instrument permettant la gestion et la reproduction d’une rente géostratégique par un réseau d'acteurs nationaux (notamment les élites locales) et multinationaux (notamment les...

The article explores the relationships between capital flight, the monetary regime instability and the general institutional stability of a country, with an empirical application to Djibouti. Are constructed variables for the capital flight, indicator for the instability of Currency Board and...

The article explores the relationships between capital flight, the monetary regime instability and the general institutional stability of a country, with an empirical application to Djibouti. Are constructed variables for the capital flight, indicator for the instability of Currency Board and...

The last few decades have been marked by a proliferation of currency union projects in Africa. In a context of exchange rate instability and poorly convertible currencies, the authorities in most of the countries of the Horn of Africa are looking for an exchange rate regime that can stabilise...

Les régimes de caisse d'émission et d'étalon-or sont souvent assimilés, étant considérés comme des règles monétaires contraignantes, dont les deux caractéristiques essentielles sont la crédibilité des autorités monétaires et l'existence d'un mécanisme d'ajustement automatique (non...