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Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and needs strengthening, notably through the adoption of a fiscal rule and the...
Persistent link: https://www.econbiz.de/10014406510
This paper examines recent developments and regional policy issues for the Central African Economic and Monetary Community (CEMAC). The CEMAC region benefited in 2000–01 from favorable world oil prices. This helped to improve the public finances and to strengthen the reserve position of the...
Persistent link: https://www.econbiz.de/10014407182
This report examines recent economic developments and regional policy issues in the West African Economic and Monetary Union (WAEMU). Although progress has been achieved on the integration front since 1994, including the establishment of a customs union and the creation of the economic union,...
Persistent link: https://www.econbiz.de/10014406279
There has been a marked deterioration in the economic and financial performance of the West African Economic and Monetary Union (WAEMU) as a whole. These developments reflected unfavorable terms of trade, political conflicts in certain countries, and a weakening of adjustment policies. Progress...
Persistent link: https://www.econbiz.de/10014407415
This paper on recent developments and regional policy issues in the Central African Economic and Monetary Community (CEMAC) discusses the recent development and trends in economic integration. Trade restrictions and an uneven application of CEMAC rules constrain external and intraregional trade....
Persistent link: https://www.econbiz.de/10014405431
This study examines the determinants of entry into by foreign firms, using information on 515 Chinese industries at the provincial level during 1998-2001. The analysis, rooted in the new economic geography, focuses on market and supplier access within and outside the province of entry, as well...
Persistent link: https://www.econbiz.de/10014400961
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … to be an important consideration, both in enforcing Italy''s antitrust laws and in ensuring that the procedures for …
Persistent link: https://www.econbiz.de/10014400137
There is broad agreement on the appropriateness of the budget deficit target. The government aims to strengthen expenditure control and efficiency, at the national and at subnational levels, to achieve a reduction in the tax burden while cutting the fiscal deficit. The IMF staff suggested...
Persistent link: https://www.econbiz.de/10014402957
Persistent link: https://www.econbiz.de/10014404409
the regions may increase the efficiency and the productivity of the health care system. The information on Italy's economy …
Persistent link: https://www.econbiz.de/10014404487