Abstract:
Cameroon has experienced periods of economic growth and decline. During the growth period, public expenditures increased the size of the public sector. The decline period, which started in 1986, has been characterized by government expenditures that outstripped revenues. This study analyzes the relationship between public and private investment, stressing the crowding in or crowding out of private investment by public expenditures.
More papers in Working Papers from African Economic Research Consortium Address: African Economic Research Consortum, P.O. Box 62882, Nairobi, Kenya Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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