Eco

E76527

Eco is the proposed common currency intended to be adopted by member states of the Economic Community of West African States (ECOWAS) to facilitate regional economic integration.

All labels observed (2)

Label Occurrences
Eco canonical 4
Eco (currency) 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf common currency
proposed currency
regional currency project
abbreviation Eco
backedBy ECOWAS Authority of Heads of State and Government
linked to: ECOWAS
continent Africa
currencyOf ECOWAS (planned)
linked to: ECOWAS
economicBlock ECOWAS
expectedBenefit elimination of exchange rate risk within ECOWAS
greater price transparency in the region
reduction of transaction costs in intra-regional trade
strengthening of regional economic integration
geographicalScope Benin
Burkina Faso
Cape Verde
linked to: Cape Verde Islands

Côte d’Ivoire
linked to: Côte d'Ivoire

Gambia
linked to: The Gambia

Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Niger
Nigeria
Senegal
Sierra Leone
Togo
integrationDimension economic integration
monetary integration
intendedEffectOnCurrencies provide a single legal tender for participating ECOWAS states
replace some existing national currencies in ECOWAS
intendedForUseIn Economic Community of West African States
linked to: ECOWAS
monetaryUnionGoal creation of a single currency area in West Africa
organization ECOWAS
policyArea monetary policy
regional integration policy
proposedBy Economic Community of West African States
linked to: ECOWAS
purpose enhance monetary integration in West Africa
facilitate regional economic integration
promote trade among ECOWAS member states
region West Africa
relatedConcept West African Monetary Zone
monetary union
relatedOrganization West African Monetary Institute
status not yet in circulation
proposed
subregion ECOWAS region of West Africa
linked to: ECOWAS
targetUsers ECOWAS member states
linked to: ECOWAS

citizens of ECOWAS member states

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.