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Banque Centrale Et Politique Budgetaire : Une Évidence Empirique Pour La Zone CEMAC

The purpose of this article is to analyze how the degree of independence of the Bank of Central African States (BEAC) influences the level of budget deficit for the countries of the Economic and Monetary Community of Africa Centrale (CEMAC) over the period 1994-2016. To do this, we rely on the statutory and rotational indicators of central bank governors developed by the...

Determinants Du Developpement Financier Dans Les Pays De La Zone Franc Cfa: Le Role De La Qualite Des Institutions

Etudiante en thèse 0 Faculté des Sciences Economiques et de Gestion 0 Université de Dschang (Cameroun). Pr Kamajou François Professeur Emérite 0 Faculté des Sciences Economiques et de Gestion 0 Université de

Determinants Du Developpement Financier Dans Les Pays De La Zone Franc Cfa: Le Role De La Qualite Des Institutions

This paper aims at analysing the role of the quality of institutions (institutional factors) on financial development within the fourteen countries of the CFA Franc zone. For that purpose, the Pool Mean Group (PMG) method is used in order to estimate a linear model in dynamic panel data over the period 1996-2011. Findings show that the quality of some institutions (corruption...

POLITIQUE MONETAIRE, STABILITE DES PRIX ET DEVELOPPEMENT DE L’ACTIVITE ECONOMIQUE114 EN ZONE CEMAC

The purpose of this paper is to examine the effects of the conflict between the objectives of price stability and that of employment in the CEMAC zone that caught the fight against inflation as its major economic objective. Writers such as Phillips (1958), Lucas (1972), Okun (1970), Nupukpo (2002) worked on the relationship between monetary policy and its purpose and economic...

POLITIQUE MONETAIRE, STABILITE DES PRIX ET DEVELOPPEMENT DE L’ACTIVITE ECONOMIQUE114 EN ZONE CEMAC

Kamajou François Faculté des Sciences Economiques et de Gestion Université de Dschang Cameroun Département d'Analyse et de Politique Economique The purpose of this paper is to examine the effects of the