Central African Economic and Monetary Community (CEMAC) : Selected Issues
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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. 15/308
Subject:
Central African Economic and Monetary Community Economic growth Economic indicators Economic models Monetary transmission mechanism Oil prices Public investment Selected Issues Papers
Notes:
English
Publication Date:
November 12, 2015
ISBN/ISSN:
9781513510583/1934-7685
Stock No:
1CAEEA2015002
Format:
Paper
Pages:
70
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