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Trade Policy Review 2021 Cemac Cameroon Congo Gabon Central African Republic Chad
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Book Synopsis Trade Policy Review 2021: Cemac (Cameroon, Congo, Gabon, Central African Republic, Chad) by : World Trade Organization
Download or read book Trade Policy Review 2021: Cemac (Cameroon, Congo, Gabon, Central African Republic, Chad) written by World Trade Organization and published by . This book was released on 2023 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Each Trade Policy Review consists of three parts: a report by the government under review, a report written independently by the WTO Secretariat, and the concluding remarks by the chair of the Trade Policy Review Body. A highlights section provides an overview of key trade facts. 15 to 20 new review titles are published each year. The reviews consist of detailed chapters examining the trade policies and practices of the member and describing trade policy-making institutions and the macroeconomic situation; these chapters are preceded by the Secretariat's Summary Observations, which summarize the report and presents the Secretariat's perspective on the member's trade policies. The Secretariat report and the member's policy statement are published after the review meeting, along with the minutes of the meeting and the text of the Chairperson's Concluding Remarks.
Book Synopsis Cameroon by : International Monetary Fund. African Dept.
Download or read book Cameroon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2022-08-04 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following two years of COVID-19 challenges, Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), is facing a new policy environment. The nascent economic recovery from mid-2021, supported by higher oil prices and non-oil production, is now subject to greater uncertainties with spillovers from the war in Ukraine, high inflationary pressures, especially on food and fuel prices, and a tightening of global financial conditions. Low vaccination rates also leave the country vulnerable to further COVID-19 waves. In July 2021, the IMF’s Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for SDR 483 million (about US$689.5 million, or 175 percent of Cameroon’s quota) to support the country’s economic and financial reform program.
Book Synopsis African Perspectives on Trade and the WTO by : Patrick Low
Download or read book African Perspectives on Trade and the WTO written by Patrick Low and published by Cambridge University Press. This book was released on 2016-09-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-first century Africa is in a process of economic transformation, but challenges remain in areas such as structural reform, governance, commodity pricing and geopolitics. This book looks into key questions facing the continent, such as how Africa can achieve deeper integration into the rules-based multilateral trading system and the global economy. It provides a range of perspectives on the future of the multilateral trading system and Africa's participation in global trade and underlines the supportive roles that can be played by multilateral and regional institutions during such a rapid and uncertain transition. This volume is based on contributions to the Fourth China Round Table on WTO Accessions and the Multilateral Trading System, which took place just before the World Trade Organization's Tenth Ministerial Conference in Nairobi in December 2015.
Book Synopsis Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis by : Luc Eyraud
Download or read book Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis written by Luc Eyraud and published by International Monetary Fund. This book was released on 2021-06-08 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan African countries are facing an unprecedented health and economic crisis that is likely to severely hurt credit quality and raise non-performing loans from already high levels. Banks have a critical role to play not only during the crisis by providing temporarily relief to businesses and households, but also during the recovery by supporting economic activity and facilitating the structural transformations engaged by the pandemic.
Book Synopsis Global Economic Prospects, June 2021 by : World Bank
Download or read book Global Economic Prospects, June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
Book Synopsis Customs Administration Reform and Modernization in Francophone Sub-Saharan Africa, 1995–2010 by : Mr.Gilles Montagnat-Rentier
Download or read book Customs Administration Reform and Modernization in Francophone Sub-Saharan Africa, 1995–2010 written by Mr.Gilles Montagnat-Rentier and published by International Monetary Fund. This book was released on 2012-10-31 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper outlines reforms that have been achieved in the modernization of the customs administrations of francophone sub-Saharan (African) countries since the mid-1990s. It also highlights the remaining issues in this process. Progress has been made in the automation of operations and procedures, with constant and significant efforts to strengthen revenue collection and improve trade facilitation in a number of countries. However, the pace and scope of modernization remains insufficient, particularly in developing customs control and enforcement capacities, and enhancing operational resources and management. The findings suggest that the authorities’ strong commitment to reform, organizational and management changes, adequate technical assistance and project management, and effective implementation of modern customs standards, are critical to accelerate the modernization of customs in francophone sub-Saharan Africa.
Book Synopsis Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability by : European Investment Bank
Download or read book Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability written by European Investment Bank and published by European Investment Bank. This book was released on 2018-11-21 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its fourth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: Crowding out of private sector lending by public debt issuance The state of bank recovery and resolution laws in Africa Policy options on how to finance infrastructure development. The report finds that in many African banking markets, the last two years saw a pause in financial deepening. However, a rising share of banking groups report improving market conditions and plan a structural expansion of their operations in Africa and a continued push for new technologies.
Book Synopsis Economic Development in Africa Report 2021 by : UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT.
Download or read book Economic Development in Africa Report 2021 written by UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. and published by . This book was released on 2022-01-07 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Continental Free Trade Area is expected to be a game changer for development ambitions in Africa.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498324371 Total Pages :58 pages Book Rating :4.4/5 (983 download)
Book Synopsis The Revised EBA-Lite Methodology by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book The Revised EBA-Lite Methodology written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2019-07-03 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Methodology review identified three broad areas for improving the EBA-Lite methodology: (1) expanding the fundamentals and policy determinants in the CA and REER regressions to better capture the external balance of EBA-Lite countries; (2) identifying alternatives to regression models for external assessments of large exporters of exhaustible commodities; and (3) a revised approach for the assessment of external sustainability in highly indebted economies. Accordingly, the revised methodology consists of three modules: 1) Regression Module 2) Module for External Assessments of Exporters of Exhaustible Commodities 3) Module for the Assessment of External Sustainability
Book Synopsis Assessing Regional Integration in Africa IX by : United Nations
Download or read book Assessing Regional Integration in Africa IX written by United Nations and published by UN. This book was released on 2021-01-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Signed by 52 African countries, the African Continental Free Trade Area (AfCFTA) is, by the number of participating countries, the largest trade agreement since the formation of the WTO. This report recognizes that it is not enough for the AfCFTA to be merely negotiated, concluded and ratified. It must also change lives, reduce poverty and contribute to economic development. For this, the AfCFTA must be effectively operationalized, but also supported with complementary measures that leverage it as a vehicle for economic development. Among the most important of the next steps is the phase II negotiations scheduled to commence on intellectual property rights, investment and competition policy in late 2019.
Book Synopsis Africa agriculture trade monitor 2022 by : Bouët, Antoine, ed.
Download or read book Africa agriculture trade monitor 2022 written by Bouët, Antoine, ed. and published by Intl Food Policy Res Inst. This book was released on 2022-09-27 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2022 Africa Agriculture Trade Monitor, a flagship publication of AKADEMIYA2063 and the International Food Policy Research Institute, provides an overview of trade in agriculture in Africa, including analysis of short- and long-term trends and drivers behind Africa’s global trade, intra-African trade, and trade within Africa’s regional economic communities. The 2022 report looks at the impact of the Russia-Ukraine war; Africa’s participation in global value chains; intraregional trade in processed agricultural products; the potential benefits of ambitious implementation of the African Continental Free Trade Area Agreement, and includes focused chapters on value chains for cocoa, coffee, and tea and on trade integration in Economic Community of Central African States.
Book Synopsis Special Economic Zones in Africa by : Thomas Farole
Download or read book Special Economic Zones in Africa written by Thomas Farole and published by World Bank Publications. This book was released on 2011-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book, designed for policymakers, academics and researchers, and SEZ program practitioners, provides the first systematic and comprehensive analysis of SEZ programs in Sub-Saharan Africa. It is the result of detailed surveys and case studies conducted during 2009 in ten developing countries, including six in Sub-Saharan Africa. The book provides quantitative evidence of the performance of SEZs, and of the factors which contribute to that performance, highlighting the critical importance not just of the SEZ itself but of the wider national investment climate in which it functions. It also provides a comprehensive guide to the key policy questions that confront governments establishing SEZ programs, including: if and when to launch an SEZ program, what form of SEZ is most appropriate, and how to go about implementing it. Among the most important findings from the study that is stressed in the book is the shift from traditional enclave models of zones to SEZs that are integrated ? with national trade and industrial strategies, with core trade and social infrastructure, with domestic suppliers, and with local labor markets.Although the book focuses primarily on the experience of Sub-Saharan Africa, its lessons will be applicable to developing countries around the world."
Book Synopsis Gabon by : International Monetary Fund. African Dept.
Download or read book Gabon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2022-07-08 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: On July 28, 2021, the IMF Executive Board approved a 36-month extended arrangement under the Extended Fund Facility (EFF) with a total access of SDR 388.8 million (180 percent of quota) to help Gabon respond to the economic fallout from the COVID-19 pandemic and support the authorities’ economic and financial reform program. A nascent economic recovery is underway, and the outlook is broadly positive but remains subject to considerable uncertainty and a range of risks. The war in Ukraine will affect the economy through various channels, including higher food and fuel prices.
Book Synopsis Global Economic Prospects, June 2019 by : World Bank Group
Download or read book Global Economic Prospects, June 2019 written by World Bank Group and published by World Bank Publications. This book was released on 2019-07-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth appears to be stabilizing after a period of marked weakness, but it remains fragile. A modest recovery in emerging market and developing economies continues to be constrained by subdued investment, which is dampening prospects and impeding progress toward achieving critical development goals. Downside risks to the outlook remain elevated, and policymakers continue to face major challenges to boost resilience and foster long-term growth. this issue includes essays on the benefits and risks of government borrowing, recent investment weakness in emerging market and developing economies, the pass-through of currency depreciations to inflation, and the evolution of growth in low-income countries.
Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar
Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Book Synopsis World Trade Statistical Review 2017 by : World Trade Organization
Download or read book World Trade Statistical Review 2017 written by World Trade Organization and published by . This book was released on 2017-10-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of the latest developments in world trade, covering the details of merchandise trade by product and trade in commercial services World Trade Statistical Review 2017 looks into the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. The publication also looks into trade in value-added terms and the latest trade policy developments, highlighting recent trends in WTO members' use of trade-restrictive and trade-facilitating measures. In addition, it provides information on the participation of developing economies in world trade, Aid-for-Trade financial commitments and implementation of the WTO's landmark Trade Facilitation Agreement. The analytical chapters are complemented by a statistical appendix of over 60 tables providing comprehensive data on various facets of world trade in goods and services.
Book Synopsis The African Continental Free Trade Area: Potential Economic Impact and Challenges by : Mr.Lisandro Abrego
Download or read book The African Continental Free Trade Area: Potential Economic Impact and Challenges written by Mr.Lisandro Abrego and published by International Monetary Fund. This book was released on 2020-05-13 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about US$2.2 trillion. This SDN takes stock of recent trade developments in Sub-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation. In addition to increased trade flows both in existing and new products, the AfCFTA has the potential to generate substantial economic benefits for African countries. These benefits include higher income arising from increased efficiency and productivity from improved resource allocation, higher cross-border investment flows, and technology transfers. Besides lowering import tariffs, to ensure these benefits, African countries will need reduce other trade barriers by making more efficient their customs procedures, reducing their wide infrastructure gaps, and improving their business climates. At the same time, policy measures should be taken to mitigate the differential impact of trade liberalization on certain groups as resources are reallocated in the economy and activities migrate to locations with comparatively lower costs.
