REFORMES MONÉTAIRES ET CROISSANCE ÉCONOMIQUE EN ZONE CEMAC

MONETARY REFORMS AND ECONOMIC GROWTH IN CEMAC ZONE

Douzounet Mallaye

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this study is to analyse the effects of monetary reform on economic growth in the CEMAC zone. Indeed, in 16th October 1990, the governments concerned liberalised the financial sector, softened their monetary policies, restructured the banks and adopted new prudential regulation within the context of structural adjustment plans recommended by the Bretton Wood institutions. In this way, we assess the impact of monetary liberalization policy on economic growth during the period 1990-2003. Using recent panel data regressions, the results exhibit a mitigated effect of the relation between the monetary liberalization policy and the economic growth a long run. Thus, one can imagine the possibility to implement the important conditions of the success of monetary reform.

Keywords: economic; growth; monetary; reform; monetary; policy; CEMAC; panel; data (search for similar items in EconPapers)
JEL-codes: E52 F43 (search for similar items in EconPapers)
Date: 2009-12-27
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/19621/1/MPRA_paper_19621.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:19621

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().