Cameroon: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 287

Publication date: August 2007

ISBN: 9781451808230

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , Cameroon , growth acceleration , spending , nonoil GDP , oil sector , GDP growth , IMF staff , oil revenue , Credit , Commercial banks , Oil prices , GDP measurement , Oil , Sub-Saharan Africa , Africa , Middle East , East Asia , North Africa , Central Asia

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Summary

This Selected Issues paper on Cameroon identifies impediments to growth acceleration in the country. A two-step approach is followed: first, the characteristics of middle-income countries currently experiencing growth accelerations are examined; and, second, the extent to which Cameroon shares these characteristics is assessed. The focus of the analysis is a set of variables the literature has identified as helping to accelerate growth. This paper also presents a possible fiscal strategy for Cameroon based on the permanent income approach.