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