Central African Economic and Monetary Community: Selected Issues

International Monetary Fund

No 2006/309, IMF Staff Country Reports from International Monetary Fund

Abstract: The creation, in 1994, of the Central African Economic and Monetary Community (CEMAC) customs union was a major step in the regional integration process in central Africa. The implementation of the agreed regime by the member countries, however, has remained unsatisfactory. A 2002–03 initiative to improve policy implementation has largely stalled. Several recent initiatives concerning external trade provide new challenges and opportunities for welfare-enhancing reforms. Although the 1994 reforms that created the CEMAC customs union were a major step forward, the trade regime remains plagued by poor implementation.

Keywords: ISCR; CR; CEMAC; trade; tariff; import; Cameroon; CEMAC country; CEMAC trade regime; Doha round; member country; CEMAC imports; customs union; Tariffs; Imports; Exports; Trade liberalization; Trade facilitation; Africa (search for similar items in EconPapers)
Pages: 20
Date: 2006-08-22
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Citations: View citations in EconPapers (1)

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