Impact of Commodity Price shocks on CEMAC Economies - Bok av Salomon Anyangwa Fochw Youchom - Tagheu - Häftad
The study sought to bring out the induced effect, being caused by the volatility in commodity prices, and measure what impact it will have on the GDP of Cameroon, Gabon, Congo Brazzaville and Chad. The abundance of resource rich minerals and strong cash crop output, from these nations have been of a mixed blessing. Pro-cyclical government polices, drawn from prevailing commodity prices, formed the basis of every national budget since independence. The wealth has not been directed at securing holistic..