Series: IMF Working Papers
Author(s): Plamen Iossifov , Misa Takebe , Zaijin Zhan , Noriaki Kinoshita , and Robert York
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2009
Keywords: non-oil primary deficit, sustainability, economic cycles and shocks, foreign reserves, fiscal balance, fiscal stance, fiscal impulse, fiscal policies,
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 i...