Economic development
§ Regionalisation a determining factor
§ ECOWAS
Economic treaty comprising 16 nations to promote
economic integration and acceleration of
economic development in the sub-region
§ WAMU
Union comprising anglophone West Africa
involves attaining set convergence criteria
pursuant to a common currency ie budget
deficit/GP not more than 5%, annual inflation of
less than 10% and exchange rate fluctuations less
than 5% a year.