DINAMIKA GLOBAL : JURNAL ILMU HUBUNGAN INTERNASIONAL
Vol 9 No 2 (2024): Dinamika Global : Jurnal Ilmu Hubungan Internasional

DOES MONETARY UNION DIFFUSE? THE FAILURE OF THE ECOWAS MONETARY UNION PLAN

Majiid, Farhan Abdul (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

In 2000, the Economic Community of West African States (ECOWAS) proposed the idea of a single currency. To this day, however, this plan remains unsuccessful despite several attempts being made to proceed with this ambition. This article will examine this failure from the perspective of regional diffusion theory, which suggests that one regional institution’s success will push others to follow its path. In examining this problem, this research uses primary literature from official documents of ECOWAS and secondary literature from related academic journals. The result of this research is that the soft persuasion explanation of regional diffusion is insufficient to replicate regionalism in other regional institutions. Thus, this paper argues that external actors’ hard prevention also contributes to diffusion failure using the ECOWAS case. e using the ECOWAS case.

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Journal Info

Abbrev

jurnal-dinamika-global

Publisher

Subject

Social Sciences

Description

Jurnal Dinamika Global is a scholarly International Relations journal which is published two volumes a year in June and December by School of International Relations of Faculty of Social and Political Science of Jenderal Achmad Yani University (UNJANI), Cimahi. The journal covers broud subject areas ...