Improving Surveillance Across the CEMAC Region.

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 internal and external sustainability. This consistency is important within a monetary u...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Iossifov, Plamen
Otros Autores: Takebe, Misa, Zhan, Zaijin, Kinoshita, Noriaki, York, Robert C.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Communauté économique et monétaire de l'Afrique centrale.
Communauté économique et monétaire de l'Afrique centrale
Monetary policy > Africa, Central.
Monetary unions > Africa, Central.
Banks and banking > Africa, Central.
Banks and banking
International economic integration
Monetary policy
Monetary unions
Africa, Central > Economic integration > History.
Afrique centrale > Intégration économique > Histoire.
Central Africa
History
Acceso en línea:Texto completo
Descripción
Sumario: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 internal and external sustainability. This consistency is important within a monetary union because fiscal policy is the primary instrument through which national governments can influence macroeconomic performance. We comment on how surveillance might be improved by broadening the region's current criteria through alternative fiscal indicators, some focus on the scope and nature of e.
Notas:13. Variance Decomposition of Real GDP by Types of Shocks.
Descripción Física:1 online resource (100 pages)
ISBN:9781452756110
1452756112

Ejemplares similares