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Central African Economic and Monetary Community: Selected Issues

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  • 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.

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  • International Monetary Fund, 2006. "Central African Economic and Monetary Community: Selected Issues," IMF Staff Country Reports 2006/309, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/309
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    Cited by:

    1. Hans Weisfeld & Ms. Manuela Goretti, 2008. "Trade in the WAEMU: Developments and Reform Opportunities," IMF Working Papers 2008/068, International Monetary Fund.

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