Central African Economic and Monetary Community : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

August 22, 2006

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. 06/309

Subject:

English

Publication Date:

August 22, 2006

ISBN/ISSN:

9781451806533/1934-7685

Stock No:

1CAEEA2006001

Format:

Paper

Pages:

20

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