Central African Economic and Monetary Community : staff report on common policies of member countries : public information notice on the Executive Board discussion : and statement by the Executive Director for the Central African Economic and Monetary Community.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, ©2012.
Description:	1 online resource (81 pages) : color illustrations.
Language:	English
Series:	IMF country report ; no. 12/244 IMF country report ; no. 12/244.
Subject:	Communauté économique et monétaire de l'Afrique centrale -- Economic policy. Communauté économique et monétaire de l'Afrique centrale. Economic development -- Africa, Central. Economic indicators -- Africa, Central. Economic development. Economic history. Economic indicators. Economic policy. Africa, Central -- Economic conditions. Central Africa.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12500787

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund.
ISBN:	9781475590395 1475590393 1283552116 9781283552110 9781475504842 1475504845 9781475562187 1475562187
Digital file characteristics:	data file
Notes:	Title from PDF title page (IMF Web site, viewed Aug. 20, 2012). "August 2012." "June 1, 2012"--Page 2 of pdf. Includes bibliographical references.
Summary:	Member countries of the Central African Economic and Monetary Community are recovering from the global financial crisis, although growth in 2011 has not returned to precrisis levels. Executive Directors welcomed the region's economic recovery from the global financial crisis and its overall positive outlook. Directors noted, however, that the recovery has been uneven across member countries and that inflation is on the rise owing to high international food and fuel prices. Directors encouraged the authorities to adopt an appropriate policy mix to contain inflationary pressures in the short term.

Table of Contents:

Cover; CONTENTS; INTRODUCTION; FIGURES; 1. GDP Composition, 2011; ECONOMIC CONTEXT; A. Recent Economic Developments; B. Outlook and Risks; 2. Recent Economic Developments, 2008-11; 3. Monetary Developments, 2007-11; 4. Fiscal Developments, 2000-11; 5. Medium-Term Outlook, 2011-16; BOXES; 1. How Would a Weaker Global Environment Affect the CEMAC Region?; ENSURING ECONOMIC STABILITY AND EXTERNAL SUSTAINABILITY; A. Monetary Policy and Liquidity Management; B. Fiscal Policy Coordination; C. External Sustainability; 6. Real Effective Exchange Rate (2005=100), 1990-2011
2. External Stability AssessmentENSURING FINANCIAL STABILITY AND DEVELOPMENT; 3. Findings from the CEMAC Banking Stress Test; 7. Financial Depth, 2004-10; STRENGTHENING GROWTH AND COMPETITIVENESS; 8. Intraregional Trade: Selected Regions; STRENGTHENING COMMON INSTITUTIONS; OTHER ISSUES; A. Capacity Building; B. Data Quality; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2007-13; 2. Millennium Development Goals, 1990 and 2010; 3. National Accounts, 2007-13; 4. Nominal and Real Effective Exchange Rates, 2006-11; 5. Balance of Payments, 2007-13
6a. Fiscal Balances, 2007-136b. Fiscal Non-oil Balances, 2007-13; 7. Compliance with Convergence Criteria, 2007-13; 8. Monetary Survey, 2007-11; 9. Summary Accounts of Central Bank, 2007-11; 10. Summary Accounts of Commercial Banks, 2007-11; 11. Summary Medium-Term Projections, 2011-16; 12. Relative Size of CEMAC Economies and Importance of Oil Sector, 2007-12; 13. Violations of Main Prudential Ratios, 2009-11; 14. Bank Ratings, December 2011; 15. Quality of Loan Portfolio, 2010-11; 16. Summary of Stress Test Results; APPENDIXES; I. Multilateral Surveillance Framework
II. Assessing Reserve Adequacy of the Oil-Rich CEMAC RegionIII. Progress in Financial Sector Reform; IV. Risk Assessment Matrix; CONTENTS; RELATIONS BETWEEN CEMAC MEMBER COUNTRIES AND THE FUND; V. Public Information Notice

Central African Economic and Monetary Community : staff report on common policies of member countries : public information notice on the Executive Board discussion : and statement by the Executive Director for the Central African Economic and Monetary Community.

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