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

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

Volume/Issue: Volume 2015 Issue 308

Publication date: November 2015

ISBN: 9781513510583

$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English
French

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , Cemac , CEMAC country , participation cost , CEMAC government , oil price slump , CEMAC average , Oil prices , Public investment spending , Oil , Financial inclusion , Global , Sub-Saharan Africa , Central Africa

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

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.