Central African Economic and Monetary Community: Selected Issues
Electronic Access:
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Summary:
The creation, in 1994, of the Central African Economic and Monetary Community (CEMAC) customs union was a major step in the regional integration process in central Africa. The implementation of the agreed regime by the member countries, however, has remained unsatisfactory. A 2002–03 initiative to improve policy implementation has largely stalled. Several recent initiatives concerning external trade provide new challenges and opportunities for welfare-enhancing reforms. Although the 1994 reforms that created the CEMAC customs union were a major step forward, the trade regime remains plagued by poor implementation.
Series:
Country Report No. 2006/309
Subject:
Exports Imports International trade Revenue administration Tariffs Taxes Trade facilitation Trade liberalization
English
Publication Date:
August 22, 2006
ISBN/ISSN:
9781451806533/1934-7685
Stock No:
1CAEEA2006001
Pages:
20
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