Proceedings of the SARB/IFC seminar on "Economic and financial convergence en route to regional economic integration: experience, prospects and statistical issues amidst global financial turmoil", Durban, South Africa,  14 August 2009

Proceedings of the SARB/IFC seminar on "Economic and financial convergence en route to regional economic integration: experience, prospects and statistical issues amidst global financial turmoil", Durban, South Africa, 14 August 2009

IFC Bulletin | No 32 |

05 January 2010

| 172 pages

	page
Foreword	iii

Session 1: Overview of initiatives to promote convergence in the context of regional integration
Overview of initiatives to promote convergence in the context of regional integration: an African perspective Kealeboga S Masalila	3
GCC monetary union Ahmed AlKholifey and Ali Alreshan	17
Regional integration: the ASEAN vision in 2020 Rosabel B Guerrero	52
Harmonization of MERCOSUR statistics Ivana Termansen	59

Session 2: Convergence in the SADC and African economic integration process: prospects and statistical issues
Regional economic integration in SADC: progress, prospects and statistical issues for monetary union Mshiyeni Belle	85
Convergence in the SADC and African economic integration process: prospects and statistical issues Ivan Zyuulu	96
Alternative reconsideration of output growth differential for West African Monetary Zone E D Balogun	106

Session 3: Key variables: issues of definition, measurement and statistical improvement
SADC economic integration and statistical framework: issues of definition, measurement and statistical improvement Stanislaus T Mrema	123
European statistical harmonisation and improvements to serve the needs of the European Economic and Monetary Union Steven Keuning and Alda Morais	134
Currency unions: key variables, definitions, measurement, and statistical improvement Charles Enoch and Russell Krueger	139
Statistical measurement, standards and definitional issues: towards data convergence? Rashad Cassim	159

Annex: Participants in the seminar	163

The views expressed in this publication are those of the authors and do not necessarily represent the official views of the Committee, its members or the BIS.