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英文文献：A Short-run Schumpeterian Trip to Embryonic African Monetary Zones-这是一次熊彼特式的短期非洲货币区之旅
英文文献作者：Asongu Simplice
英文文献摘要：
With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed with seven financial development and three growth indicators in the proposed West African Monetary Zone (WAMZ) and East African Monetary Zone (EAMZ). The journey is promising for the EAMZ and lamentable for the WAMZ. Results of the EAMZ are broadly consistent with the traditional discretionary monetary policy arrangements while those of the WAMZ are in line with the non-traditional strand of regimes in which, policy instruments in the short-run cannot be used to offset adverse shocks to output. Policy implications are discussed.
鉴于欧元危机的阴影笼罩着巨大的阴影，并威胁着潜在的货币联盟，本研究对正在形成的非洲货币区进行了短期访问，以评估熊彼特关于金融服务对增长的积极溢出效应的理论。对西非货币区(WAMZ)和东非货币区(EAMZ)的七个金融发展指标和三个增长指标进行因果关系分析。这一旅程对东亚防空区是充满希望的，对太平洋防空区是可悲的。EAMZ的结果与传统的自由支配货币政策安排基本一致，而WAMZ的结果与非传统的机制一致，在这些机制中，短期内政策工具无法用来抵消对产出的不利冲击。讨论了政策含义。
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