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Central African Economic and Monetary Community

Central African Economic and Monetary Community »

Article

Source: Central African Economic and Monetary Community : A New Medium-Term Approach for International Reserve Management

Volume/Issue: 2018/15

Series: Departmental Papers / Policy Papers

Author(s): Mario de Zamaroczy , Vincent Fleuriet , and Jose Gijon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2018

ISBN: 9781484350676

Keywords: Reserve management guidelines, Central African Economic and Monetary Community (CEMAC)

This paper discusses possible reserve management approaches in the Central African Economic and Monetary Community (CEMAC). The paper looks beyond the region's current oil crisis and proposes a new approach to inte...

Trade Restrictiveness in the CEMAC Region

Trade Restrictiveness in the CEMAC Region »

Article

Source: Trade Restrictiveness in the CEMAC Region : The Case of Congo

Volume/Issue: 2008/15

Series: IMF Working Papers

Author(s): Maria-Angels Oliva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

ISBN: 9781451868777

Keywords: Tariff barriers, exemptions, customs revenue, CEMAC, customs, customs value, trade regime, Congo, custom revenue,

Congo's vital dependence on trade for development stands in contradiction with its trade policy. As a member of the CEMAC, Congo's tariff scheme at least formally is guided by CEMAC's 1994 trade regime agreement. T...

The International Financial Crisis and Global Recession

The International Financial Crisis and Global Recession »

Article

Source: The International Financial Crisis and Global Recession : Impact on the CEMAC Region and Policy Considerations

Volume/Issue: 2009/20

Series: IMF Staff Position Notes

Author(s): Dimitre Milkov , Rafael Portillo , Plamen Iossifov , and John Wakeman-Linn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2009

ISBN: 9781455255252

Keywords: Emerging markets, Global financial crisis, policy response, cost containment, CEMAC, fiscal policy, fiscal sustainability, monetary policy, foreign exchange, exchange rate

The financial sector of the Central African Economic and Monetary Community (CEMAC) has been seriously affected by the global financial crisis and resulting global recession. This note assesses the response of CEMA...

Harmonization of Domestic Consumption Taxes in Central and Western African Countries

Harmonization of Domestic Consumption Taxes in Central and Western African Countries »

Article

Source: Harmonization of Domestic Consumption Taxes in Central and Western African Countries

Volume/Issue: 2006/8

Series: IMF Working Papers

Author(s): Lubin Kobla Doe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862683

Keywords: Harmonization, CEMAC, WAEMU, WAMZ, vat, excise tax, petroleum taxes, tax administration, Other Economic Systems: Performance and Prospects,

This paper examines the reform of the main domestic consumption taxes initiated by the CEMAC and the WAEMU aimed at reinforcing their economic integration. On the whole, compliance with the VAT is relatively weaker...

Reforming External Tariffs in Central and Western African Countries

Reforming External Tariffs in Central and Western African Countries »

Article

Source: Reforming External Tariffs in Central and Western African Countries

Volume/Issue: 2006/12

Series: IMF Working Papers

Author(s): Lubin Kobla Doe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862720

Keywords: Harmonization, CEMAC, WAEMU, WAMZ, customs, external tariff, customs duty, import tax, common external tariff, Other Economic Systems: Performance and Prospects,

This paper examines the reform of the external tariff initiated by the CEMAC and the WAEMU that is aimed at reinforcing their economic integration. Overall, there is broad compliance with the streamlined and modera...

Competitiveness in the CFA Franc Zone

Competitiveness in the CFA Franc Zone »

Article

Source: Competitiveness in the CFA Franc Zone

Volume/Issue: 2007/212

Series: IMF Working Papers

Author(s): Charalambos Tsangarides , and Gustavo Ramirez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

ISBN: 9781451867763

Keywords: Competitiveness, CFA franc, WAEMU, CEMAC, exchange rate, reer, exchange rates, real effective exchange rate, effective exchange rate,

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 analyz...

Banking Sector Integration and Competition in CEMAC

Banking Sector Integration and Competition in CEMAC »

Article

Source: Banking Sector Integration and Competition in CEMAC

Volume/Issue: 2007/3

Series: IMF Working Papers

Author(s): Jérôme Vacher , and Samer Saab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865677

Keywords: CEMAC, monetary union, banking sector integration, bank competition, banking, excess liquidity, banking sector, Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models, General Equilibrium and Disequilibrium: Other, Financial Markets and the Macroeconomy

This paper considers the extent of retail banking integration in the Communauté Economique et Monétaire d'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitativ...

FEER for the CFA Franc

FEER for the CFA Franc »

Article

Source: FEER for the CFA Franc

Volume/Issue: 2006/236

Series: IMF Working Papers

Author(s): Charalambos Tsangarides , and Yasser Abdih

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2006

ISBN: 9781451864960

Keywords: Equilibrium real exchange rate, FEER, cointegration, WAEMU, CEMAC, exchange rate, effective exchange rate, real exchange rate, Multiple or Simultaneous Equation Models: Time-Series Models, Forecasting and Other Model Applications

We apply the fundamentals equilibrium exchange rate (FEER) approach and the Johansen cointegration methodology to investigate the behavior of the real effective exchange rates of the two monetary unions of the CFA...

Inflation Dynamics in the CEMAC Region1

Inflation Dynamics in the CEMAC Region1 »

Article

Source: Inflation Dynamics in the CEMAC Region

Volume/Issue: 2011/232

Series: IMF Working Papers

Author(s): Marcos Poplawski-Ribeiro , Darlena Tartari Schwegler , and Carlos Caceres

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463921965

Keywords: pass-through, CEMAC region, monetary fund, monetary policy, inflation dynamics, Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data), Macroeconomic Policy, Macroeconomic Aspects of Public Finance

This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a constructed dataset for country-specific commodity price indices and panel cointegrated vector autoregre...

Central African Economic and Monetary Community : A New Medium-Term Approach for International Reserve Management

Central African Economic and Monetary Community : A New Medium-Term Approach for International Reserve Management »

Journal Issue

Volume/Issue: 2018/15

Series: Departmental Papers / Policy Papers

Author(s): Mario de Zamaroczy , Vincent Fleuriet , and Jose Gijon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2018

DOI: http://dx.doi.org/10.5089/9781484350676.087

ISBN: 9781484350676

Keywords: Reserve management guidelines, Central African Economic and Monetary Community (CEMAC)

This paper discusses possible reserve management approaches in the Central African Economic and Monetary Community (CEMAC). The paper looks beyond the region's current oil crisis and proposes a new approach to inte...