01767cas a2200241 a 4500 AALejournalIMF016770 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484338964 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Central African Economic and Monetary Community (CEMAC) : Financial System Stability Assessment. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (60 pages) IMF Staff Country Reports <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 This paper provides detailed assessment of the Central African Economic and Monetary Community's (CEMAC's) financial system. Over the past decade, primarily as a result of high oil prices, CEMAC achieved robust economic growth, although lower than the SSA average, but insufficient to significantly reduce poverty. A poor business climate and weak governance are hampering financial sector development and its contribution to financing investments. The weakness of regional integration also limits the growth potential. The drop in oil prices by about 60 percent between June 2014 and January 2015 has had a large impact on CEMAC countries' macroeconomic performance. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/106 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/106/002.2016.issue-106-en.xml IMF e-Library