Ré-appréhension de la relation Ouverture ― Croissance: le rôle du facteur travail, du facteur capital et de la position extérieure de la nation. Cas de l’économie camerounaise

Reassessment of the relation Openess - economic growth; role of labor, capital and the external position. Case of Cameroon

Oscar Kuikeu

MPRA Paper from University Library of Munich, Germany

Abstract: an considerable amount of discussions have been said on the interaction between the pandemic’s occurrence and it’s impact on the economy. One of the main and principal channel is by the way of Openess where government due to lockdows close their respective borders in ohther to ajust the main term of trade, thus mainly the capital account or the stock of national debt, this asserts into the closed economy by the ajustements of Supply toward demand in order to make change in price or inflation. Nevertheless regarding experience of United States, Senegal in sub Saharan Africa one the obvious challenge implied by the resilience policies against Covid-19 has been the unemployment. Cameroonian economy is one of this case because her national institution are trying to use endogenous drug to the crisis in particular toward the protection against infection who practices implie therefore the operationalization of an process of industrialization unreliable without the concern and prospects towords unemployment. In relation to this aggregate is the concern on the gross national investment who gives to the labor factor all the meaning able to produce. Therefore it’s reliable to assert that the pandemic have mainly reassess the Old relation between Openess and economic growth considering the inference make by this prospect on some concern related to this process of Openess, namely the debt or the current account, the price change or inflation, the investment, and the unemployment. Thus in the line of this prospect the line of this paper is to reassess this relationship for the case of Cameroon an emerging country in which the position toward the foreign partner is mainly realize and make by the agreements on monetary cooperation on the cfa franc who makes thus of this country an interesting case to reassess the unacheive and unbelieve relation between Openess and economic growth taking into account the main trend of the macroeconomic framework mainly governs by the Outbrek at this period of current time.

Keywords: unemployment; inflation; debt; economic; growth (search for similar items in EconPapers)
JEL-codes: C32 O47 (search for similar items in EconPapers)
Date: 2021-03-27
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