Central African Economic and Monetary Community : Recent Developments and Regional Policy Issues.
This paper examines recent developments and regional policy issues for the Central African Economic and Monetary Community (CEMAC). The CEMAC region benefited in 2000-01 from favorable world oil prices. This helped to improve the public finances and to strengthen the reserve position of the Central...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2002.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2002/203 |
| Online Access: | Full text available on IMF |
| Summary: | This paper examines recent developments and regional policy issues for the Central African Economic and Monetary Community (CEMAC). The CEMAC region benefited in 2000-01 from favorable world oil prices. This helped to improve the public finances and to strengthen the reserve position of the Central Bank of Central African States. But inflation increased to 4 percent in 2001, owing to pressures from high domestic demand growth, which rose by 12 percent in real terms, and was fed by growth in credit to governments. Prospects for 2002 are for continued strong growth in domestic demand. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (64 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |