[PDF.72iv] The International Financial Crisis and Global Recession: Impact on the CEMAC Region and Policy Considerations

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

[PDF.bu60] The International Financial Crisis and Global Recession: Impact on the CEMAC Region and Policy Considerations

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 | #4436105 in eBooks |  2009-07-22 |  2009-07-22 | File type: PDF

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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 on the impact of current policies on each country’s fiscal sustainability as well as the region’s external sustainability and reserve coverage. The note then provides ...

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