Political geography of monetary unions

In today's present world we can find five currency unions worldwide with many of the currency unions ending in the past, we can talk about few of them as about de facto currency unions, but primarily there are plans for the future with projects for establishment of new currency unions. These tendencies have recently displayed especially in Africa, where states strive to improve the situation of both the whole country and its inhabitants. It concerns not only political and economical questions, but also the social and geographical ones. And precisely these criteria can tell us more about the facts, whether there are real chances for the new currency unions to be functional in the future. The problem of viability of the currency unions is not just a problem of the future ones, but it equally concerns the present currency unions. Political, economical, social and also geographical criteria can provide a rough concept about the actual situation of individual member states in the thing of how big are the differences in the whole union and also about the possible situation in the future. Especially in Africa where we can see many social problems, a high percentage of the population live below the poverty line, their life conditions are dismal and for the situation is deteriorating that the threat of new..