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

November 12, 2015

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Central African Economic and Monetary Community (CEMAC): Selected Issues, (USA: International Monetary Fund, 2015) accessed October 6, 2024

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.

Subject: Commodities, Expenditure, Financial inclusion, Financial markets, Oil, Oil prices, Prices, Public investment spending

Keywords: Cemac, CEMAC average, CEMAC country, CEMAC government, Central Africa, CR, Financial inclusion, Global, ISCR, Oil, Oil price slump, Oil prices, Participation cost, Public investment spending, Sub-Saharan Africa

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/308
Stock No:

1CAEEA2015002
ISBN:

9781513510583
ISSN:

1934-7685

Notes

Also Available in French

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