WAMA BULLETIN DECEMBER 2009
With the challenges of the global financial crisis, countries are grappling with the choice of a suitable monetary policy framework to enable them deal with various shocks. The piece on “Exchange Regimes and Inflation Targeting” by Prof. Mohamed Ben Omar Ndiaye sheds considerable light on the process. This edition also carries a report on the maiden WAMA Staff Retreat and contains two of the presentations at the Retreat. The first “Meeting the Challenges of a Common Currency in West Africa: The Role of Research” by Festus Odoko, the Director of Research and Operations noted that timely and accurate economic research was vital for sound economic policies. It discussed the current challenges and outlined the way forward. The second “Organizational Excellence: The Essence of Team Building” by S. C. Mbbah-Offor, Head of Finance and Administration opined that team building enhances organization effectiveness.
The regular topics of macroeconomic convergence in ECOWAS and Exchange Rate developments are also covered.
We hope you find the December 2009 edition pleasant reading. Let’s hear from you, soon.