IMF Staff Country Reports

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

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

November 12, 2015

Electronic Access:

Free Full Text. 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. 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:

Also Available in French