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- W4318217791 abstract "Abstract Cameroon is a member of the Central African Economic and Monetary Community (CEMAC), a monetary union made up of six countries. Its monetary policy, conducted by the Bank of Central African States (BEAC), is therefore decided at a sub-regional level, and only fiscal policy is the responsibility of each State, but subject to multilateral surveillance criteria. This chapter aims at assessing the performance of Cameroon's financial system and outlining its main vulnerabilities and the challenges facing the conduct of monetary policy. It provides an overview of Cameroon's financial system through a detailed description of the evolution of its main components, as well as the monetary policy environment, over the past three decades. It then focuses on the performance of Cameroon's financial sector compared to other countries. Considering the unsatisfactory performance of the banking sector, especially in relation to the financing of economies, the chapter addresses the main impediments to the development of credit in Cameroon. Finally, the chapter deals with the macroeconomic vulnerabilities of the banking sector that could limit the transfer of monetary policy to the real sector. It also provides recommendations for enhancing the performance of this sector." @default.
- W4318217791 created "2023-01-27" @default.
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- W4318217791 date "2023-01-26" @default.
- W4318217791 modified "2023-09-29" @default.
- W4318217791 title "The Monetary and Financial Sector in Cameroon" @default.
- W4318217791 doi "https://doi.org/10.1093/oxfordhb/9780192848529.013.34" @default.
- W4318217791 hasPublicationYear "2023" @default.
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