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The International Financial Crisis and Global Recession: Impact on the CEMAC Region and Policy Considerations; Impact on the CEMAC Region and Policy Considerations
Milkov, Dimitre; Portillo, Rafael A; Iossifov, Plamen; … - International Monetary Fund (IMF) - 2009
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 CEMAC governments to the global financial crisis and recession, with particular focus...
Persistent link: https://www.econbiz.de/10011245874
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Inflation Dynamics in the CEMAC Region
Poplawski-Ribeiro, Marcos; Tartari, Darlena; Caceres, Carlos - International Monetary Fund (IMF) - 2011
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 autoregressive (VAR) models. Imported commodity price shocks are significant in explaining...
Persistent link: https://www.econbiz.de/10009369448
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Reforming External Tariffs in Central and Western African Countries
Doe, Lubin Kobla - International Monetary Fund (IMF) - 2006
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 moderate rates, but with significant deviations from the harmonized paths in several...
Persistent link: https://www.econbiz.de/10005826234
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Harmonization of Domestic Consumption Taxes in Central and Western African Countries
Doe, Lubin Kobla - International Monetary Fund (IMF) - 2006
lesser extent, Nigeria in order to align their tax structure with that of the WAEMU as planned for 2007. …
Persistent link: https://www.econbiz.de/10005826514
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The Choice Between External and Domestic Debt in Financing Budget Deficits; The Case of Central and West African Countries
Beaugrand, Philippe; Mlachila, Montfort; Loko, Boileau - International Monetary Fund (IMF) - 2002
The paper reviews the principles and practical considerations involved in the choice between foreign and domestic financing of fiscal deficits, and derives a series of recommendations broadly applicable to Central and West African countries. The paper develops a simple analytical framework and...
Persistent link: https://www.econbiz.de/10005768940
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Current Account Norms in Natural Resource Rich and Capital Scarce Economies
Araujo, Juliana Dutra; Li, Grace Bin; … - International Monetary Fund (IMF) - 2013
(norms). We apply the model to the Economic and Monetary Community of Central Africa and discuss how our results can be used …
Persistent link: https://www.econbiz.de/10011123817
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Nigeria; Publication of Financial Sector Assessment Program Documentation––Detailed Assessment of Compliance of the Basel Core Priciples for Effective Banking Supervision...
International Monetary Fund (IMF); International … - 2013
in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with … the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that … Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement …
Persistent link: https://www.econbiz.de/10011244308
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Nigeria; Publication of Financial Sector Assessment Program Documentation––Technical Note of Banking Cross-Border Issues
International Monetary Fund (IMF); International … - 2013
The global financial crisis provided Nigerian banks with opportunities to expand within Sub-Saharan Africa. Nigerian … Nigeria (CBN) should enhance further its work in improving cross-border supervision, including home-host coordination and …
Persistent link: https://www.econbiz.de/10011244542
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Nigeria: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Nigeria
International Monetary Fund (IMF); International … - 2015
KEY ISSUES Context. Nigeria has a large and diverse economy that has achieved a decade of strong growth, averaging 6 ….8 percent a year. However, Nigeria still lags peers in critical infrastructure and has high rates of poverty and income …
Persistent link: https://www.econbiz.de/10011245409
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Nigeria; Publication of Financial Sector Assessment Program Documentation––Technical Note on Stress Testing
International Monetary Fund (IMF); International … - 2013
To assess the financial stability in Nigeria, various stress tests and analytic processes were undertaken jointly by …
Persistent link: https://www.econbiz.de/10011245495