IDEAS home Printed from https://ideas.repec.org/a/bla/rdevec/v2y1998i1p94-105.html
   My bibliography  Save this article

Currency Devaluation and Resource Mobilization: A Computable General‐Equilibrium Analysis of Adjustment in Cameroon

Author

Listed:
  • N. Koffi Amegbeto
  • Alex Winter‐Nelson

Abstract

Currency devaluations prescribed for many developing countries are usually expected to generate a growth‐stimulating reallocation of resources in favor of export production. Results from a computable general‐equilibrium model of devaluation in Cameroon indicate aggregate growth in export agriculture with decline in some traditional export crops and expansion in specific nontradable food crops. While agriculture and manufacturing expand after devaluation, reduced output from services and construction causes short‐term contraction in aggregate output. Positive growth and trade balance effects are dependent on a major reallocation of labor which has been difficult to achieve in Cameroon.

Suggested Citation

  • N. Koffi Amegbeto & Alex Winter‐Nelson, 1998. "Currency Devaluation and Resource Mobilization: A Computable General‐Equilibrium Analysis of Adjustment in Cameroon," Review of Development Economics, Wiley Blackwell, vol. 2(1), pages 94-105, February.
    • Handle: RePEc:bla:rdevec:v:2:y:1998:i:1:p:94-105
    DOI: 10.1111/1467-9361.00031
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1467-9361.00031
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1467-9361.00031?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:rdevec:v:2:y:1998:i:1:p:94-105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.