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In this article, I analyze why it has been difficult to achieve the proposed common currency, the “ECO” by the Economic Community of West African States (ECOWAS), using a constructivist approach that emphasizes the importance of institutions. I argue that a common currency has not been implemented due to the absence of an intense and institutionalized set of political and economic relationships among...
Do creative institutional design and social networks of poverty reduction programs in impoverished countries lower access and transaction costs for the poor and service providers? This question, while important for all impoverished countries, draws particular interest in the African context because there is too much emphasis on whether and why these programs work and not how programs should work in...
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