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there's also the Francs CFA, meaning that these countries non-shadow economy is - in effect - still managed by France...
by fock 6y ago
there's also the Francs CFA, meaning that these countries non-shadow economy is - in effect - still managed by France...
- lgeorget 6y agoWhat do you mean by "managed" exactly?
- Rexxar 6y agoI don't know what he means exactly but the main consequence is that the Franc CFA is pegged to the Euro. It has a big impact but I wouldn't call this "managing their economy".
- lgeorget 6y agoI would say it has its advantages and issues but in any case, it's not being imposed on any country. Many have chosen not to use it.