IMF Staff Country Reports

Central African Economic and Monetary Community (CEMAC): Selected Issues

Publication Date:

November 12, 2015

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper compares the growth performance of Central African Economic and Monetary Community (CEMAC) countries with that of comparative countries. During the last two decades, the average growth of CEMAC countries has been slower than the sub-Saharan African average. The results of the analysis show that convergence of CEMAC countries toward emerging market levels has stalled, while some lower-income, faster-growing economies have been catching up. Decomposing growth by contributing factors reveals that the total factor productivity has had a negative impact on CEMAC’s growth.

Series:

Country Report No. 2015/308

Subject:

Commodities Expenditure Financial inclusion Financial markets Oil Oil prices Prices Public investment spending

Notes:

Also Available in French