01903cas a2200277 a 4500 AALejournalIMF006157 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451942026 1018-5941 BD-DhAAL BD-DhAAL Iossifov, Plamen. Improving Surveillance Across the CEMAC Region / Plamen Iossifov, Misa Takebe, Zaijin Zhan, Noriaki Kinoshita. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (57 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In this paper, we consider the design of the surveillance, and, in particular, the fiscal criteria in the Central African Economic and Monetary Community (CEMAC) with the view to ensuring they are consistent with internal and external sustainability. This consistency is important within a monetary union because fiscal policy is the primary instrument through which national governments can influence macroeconomic performance. We comment on how surveillance might be improved by broadening the region's current criteria through alternative fiscal indicators, some focus on the scope and nature of external shocks, and attention to the consistency of policies in assuring the viability of the union and its fixed exchange rate regime. Mode of access: Internet Kinoshita, Noriaki. Takebe, Misa. Zhan, Zaijin. IMF Working Papers; Working Paper ; No. 2009/260 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/260/001.2009.issue-260-en.xml IMF e-Library