Fiscal surveillance in a petro zone : the case of the CEMAC /

This paper discusses fiscal surveillance criteria for the countries of the Central African Monetary and Economic Union (CEMAC), most of which depend heavily on oil exports. At present, the CEMAC's macroeconomic surveillance exercise sets as fiscal target a floor on the basic budgetary balance....

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Wiegand, Johannes
Autor Corporativo: International Monetary Fund. Policy Development and Review Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, Policy Development and Review Dept., 2004.
Colección:IMF working paper ; WP/04/8.
Temas:
Communauté économique et monétaire de l'Afrique centrale.
Communauté économique et monétaire de l'Afrique centrale
Fiscal policy > Africa, Central.
Petroleum > Economic aspects > Africa, Central.
Petroleum industry and trade > Africa, Central.
Exports > Africa, Central.
Macroeconomics.
Politique fiscale > Afrique centrale.
Pétrole > Aspect économique > Afrique centrale.
Pétrole > Industrie et commerce > Afrique centrale.
Exportations > Afrique centrale.
Macroéconomie.
Exports
Fiscal policy
Macroeconomics
Petroleum > Economic aspects
Petroleum industry and trade
Central Africa
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. METHODOLOGY
  • A. Gap Analysis
  • B. Sensitivity Analysis of the Market Value of Equity (MVE)
  • C. Duration
  • D. Value at Risk
  • E. Issues in Estimating Interest Rate Risk Exposure of Banks
  • F. Data Description
  • III. RESULTS
  • A. Cross Sectional Heterogeneity
  • IV. CONCLUSIONS AND POLICY IMPLICATIONS
  • References

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