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Central African Economic and Monetary Community: A New Medium-Term Approach for International Reserve Management

Jose Gijon, Mario de Zamaroczy and Vincent Fleuriet

No 2018/015, IMF Departmental Papers / Policy Papers from International Monetary Fund

Abstract: This paper discusses possible reserve management approaches in the Central African Economic and Monetary Community (CEMAC). The paper looks beyond the region’s current oil crisis and proposes a new approach to international reserve management in the medium term.

Keywords: DPPP; DP; BEAC; reserve; Total CEMAC; excess reserves; foreign exchange; CEMAC economy; BEAC management; CEMAC member government; reserves liquidity requirement; CEMAC's reserve adequacy assessment; management framework; sight liability; CEMAC authorities; CEMAC country; BEAC statute; CEMAC's reserve management; matrix ratio; International reserves; Foreign assets; Reserve positions; Reserves management; Imports; Asia and Pacific; West Africa; Sub-Saharan Africa; Caribbean; Global (search for similar items in EconPapers)
Pages: 73
Date: 2018-08-03
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Handle: RePEc:imf:imfdps:2018/015