União econômica e monetária do oeste africano: Uma avaliação do crescimento, instituições e desenvolvimento

Abstract

The object of this paper is to the growth and the economic development of the West African Economic and Monetary Union (WAEMU) countries, as the quality of its institutions as well and to verify the context and historical process in which the economic bloc was built and modified over the years too. The analysis is performed from the evaluation of selected indicators over time. Among the results found I noticed the decline in the performance of the countries in relation to the growth of world per capita income, an effort of constitutional improvements in relation to the business environment as well. The main results, however, are the lack of pattern in the direction and intensity of the development indicators. This paper suggests for the WAEMU countries to pursuit reforms that succeeded in developing others nations of WAEMU.