Competitiveness in the CFA Franc Zone /

This paper reviews the evolution of competitiveness in the CFA franc zone using a proposed comprehensive competitiveness framework. In particular, we examine competitiveness in the WAEMU and CEMAC regions by analyzing the "environment" and "policy" components of competitiveness a...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Tsangarides, Charalambos
अन्य लेखक: Ramirez, Gustavo
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2007.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2007/212
ऑनलाइन पहुंच:Full text available on IMF
विवरण
सारांश:This paper reviews the evolution of competitiveness in the CFA franc zone using a proposed comprehensive competitiveness framework. In particular, we examine competitiveness in the WAEMU and CEMAC regions by analyzing the "environment" and "policy" components of competitiveness and their quantifiable determinants, including indicators to measure productivity and labor market conditions, prices and costs, macroeconomic performance, business environment, governance, and technology and infrastructure. Our findings suggest that despite some recent improvements-particularly for the CEMAC-both regions face serious competitiveness challenges when compared to pier groups of countries. In order to become more competitive, raise growth, and improve the quality of life, there is a need for structural reform to improve productivity, reduce factor costs, and create the right business, legal, and political environment to attract economic activity.
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भौतिक वर्णन:1 online resource (40 pages)
स्वरूप:Mode of access: Internet
आईएसएसएन:1018-5941
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