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Analyse De La Vulnerabilite Macroeconomique De La Zone Franc
[Analysis Of The Macroeconomic Vulnerability Of The Franc Zone]

Author

Listed:
  • BESSO, CHRISTOPHE RAOUL
  • chameni, celestin

Abstract

This study evaluates the macroeconomic vulnerability of the Franc zone on three main aspects: frequency, exposure and resilience to shocks, starting from 1980 to 2010. It is therefore clear that the franc zone is exposed to external trade shocks is undiversified and highly heterogeneous. These factors make the Franc Zone a very vulnerable currency area. It is therefore important that this group of countries reduce their dependency on export earnings and accelerate the diversification process. They increase intra-trade zones to reduce the heterogeneities and accelerate the process of regional integration.

Suggested Citation

  • 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.
    • Handle: RePEc:pra:mprapa:75143
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    References listed on IDEAS

    as
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    1. Ibrahim Ngouhouo & Tii Njivukuh Nchofoung, 2022. "Economic Resilience in Sub-Saharan Africa: Evidence from Composite Indicators," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 70-91, March.

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    More about this item

    Keywords

    Franc zone; vulnerability; shocks;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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