Oil-Price Boom and Real Exchange Rate Appreciation : Is there Dutch Disease in the Cemac?

Is there Dutch Disease in the Cemac?

Oil-Price Boom and Real Exchange Rate Appreciation : Is there Dutch Disease in the Cemac?
The paper employs a heuristic comparative approach suggested by Ismail (2009) to search for evidence of Dutch disease in oil-rich countries of the Central African Economic and Monetary Community (CEMAC). While these countries have benefitted from high international oil prices in recent years, they have also experienced relatively large real... READ MORE...

Publication date: November 2011
ISBN 9781463924676
$18.00

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