Central African Republic, recent economic developments.
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Imprint: | Washington, D.C. : International Monetary Fund, ©1997. |
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Description: | 1 online resource (122 pages) : illustrations. |
Language: | English |
Series: | IMF staff country report ; no. 97/24 IMF staff country report ; no. 97/24. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12498128 |
Other authors / contributors: | International Monetary Fund. |
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ISBN: | 1280974958 9781280974953 9781463928438 1462345441 9781462345441 1452721319 9781452721316 1463928432 9781463928438 9786613746566 6613746568 |
Notes: | English. Print version record. |
Summary: | This paper describes economic developments in the Central African Republic during 1990-97. After four years of decline, the real gross domestic product of the Central African Republic (GDP at market prices) recovered in 1994 at the estimated rate of 7.7 percent. This primarily reflected the positive effects of the January 1994 devaluation of the CFA franc on the competitive position of the country, which had been continuously eroding since the mid-1980s. In 1995, real GDP continued to grow, although at a slower rate, estimated at 2.4 percent, largely because of the resilient informal sector. |
Other form: | Print version: Central African Republic, recent economic developments. Washington, D.C. : International Monetary Fund, ©1997 |
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