Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

East African Community (EAC) States should not rush the signing of a monetary union if the eurozone experience is anything to go by, economic and monetary experts have warned. A recent visit by the ...

(Reuters) -Europe's economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...

Sources: IMF, African Department database; World Economic Outlook; World Bank World Development Indicators; IMF staff estimates and projections. All projections presented were prepared in February ...

It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity The digital euro project has a simple motivation: to ensure that people in a ...

Most economists would argue that monetary integration leads to financial integration; in other words, when a set of countries has a common currency, as in the European Monetary Union (EMU), for ...

As Europe speeds towards greater fiscal and monetary union, a process accelerated by the debt crisis, it’s worth remembering that it took close to 150 years for the world’s other great and enduring ...

ABU DHABI, Dec 17 (Reuters) - Gulf Arab states are reviewing plans for monetary union in the world's top oil exporting region after Oman opted not to join their single currency by the 2010 deadline, ...

DUBAI, Sept 11 (Reuters) - Gulf Arab oil producers hope to restore momentum to a monetary union plan at meetings next week in Saudi Arabia as the single currency project with a 2010 deadline falls ...