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La coordination des politiques budgétaires dans une union monétaire : l'expérience récente des pays de la Cemac

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  • Désiré Avom

Abstract

Since 2001, CEMAC has introduced a program for the coordination of national fiscal policies. The paper provides a theoretical and empirical evaluation of this program. It seems that, while fully justified, the application of coordination is weakened by various factors and that corrective actions are necessary. Some of the limitations arise from domestic factors and result in excessively restrictive, but badly enforced, norms. Other limitations pertain to external factors and determine an inadequate policy mix to address broad development issues such as poverty reduction and unemployment.

Suggested Citation

  • Désiré Avom, 2007. "La coordination des politiques budgétaires dans une union monétaire : l'expérience récente des pays de la Cemac," Revue Tiers-Monde, Armand Colin, vol. 0(4), pages 871-893.
    • Handle: RePEc:cai:rtmarc:rtm_192_0871
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    Citations

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    Cited by:

    1. BIKAI, J. Landry, 2015. "Fiscal Rules and Pro-cyclicality of the Fiscal Policy in CEMAC countries," MPRA Paper 78229, University Library of Munich, Germany.
    2. Fouda Owoundi, Jean-Pierre, 2009. "La convergence des politiques économiques dans la zone franc : où en est-on 15 ans après?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(3), pages 319-354, septembre.
    3. Souleymane DAO & Nikolay NENOVSKY & Kiril TOCHKOV, 2016. "Intégration monétaire et convergence des revenus en zone CFA (Réflexions autour d’une étude empirique)," LEO Working Papers / DR LEO 2411, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    4. Patrick-Hervé Mbouombouo Mfossa, 2015. "GOUVERNANCE ECONOMIQUE ET STABILISATION DES CHOCS ASYMETRIQUES: Quel mécanisme pour une meilleure viabilité de la CEMAC ?," Working Papers hal-01213989, HAL.
    5. BESSO, CHRISTOPHE RAOUL & chameni, celestin, 2016. "Analyse De La Vulnerabilite Macroeconomique De La Zone Franc [Analysis Of The Macroeconomic Vulnerability Of The Franc Zone]," MPRA Paper 75143, University Library of Munich, Germany.
    6. BESSO, Christophe Raoul & Chameni Nembua, Célestin, 2013. "POLICY-MIX ET GAINS DE COOPERATION EN ZONE MONETAIRE HETEROGENE : Cas de la Zone Franc [POLICY-MIX AND COOPERATION GAINS IN THE HETEROGENEOUS MONETARY AREA : The case of the Franc Zone]," MPRA Paper 83146, University Library of Munich, Germany.

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