Diversification économique en Afrique centrale: Etats des lieux et enseignements

Economic diversification in central Africa

Severin Kamgna

MPRA Paper from University Library of Munich, Germany

Abstract: The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic performances are thus dependent of the activities of vulnerable sectors, and in general of the production of one or some raw materials. In fact, in spite of the growth of the weight of the exports of goods in the wealth creation during the period 1987 - 2006, with as corollary an accentuation of the openness, the exported products are stayed quasi-identical on the whole period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification are i) the budgetary balance (macroeconomic variable), ii) the degree of commercial openness (political variable), and iii) the rate of investment (physical variable). These results show that all these variables are rather likely to encourage the concentration.

Keywords: Diversification; concentration; CEMAC (search for similar items in EconPapers)
JEL-codes: F10 F14 F41 F43 (search for similar items in EconPapers)
Date: 2007-10-02
New Economics Papers: this item is included in nep-afr and nep-opm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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