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Our study identifies factors which base evolution of public expenditure to Cameroon and their effects on wellbeing of individuals. More specifically it is a question of analyzing principal determinants of growth of public expenditure in Cameroon. The empirical results indicate that, starting...
Persistent link: https://www.econbiz.de/10015233431
CEMAC countries, with an aim of coordinating their budget policies, established within their union some rules of economic policy which seem to be restrictive for an effective budget policy and thus sustainable in the long run. Indeed, in the economic theory, several arguments were advanced to...
Persistent link: https://www.econbiz.de/10015222716
In this paper, we test sustainability of Cameroon’s fiscal policy using the approach developed by Bohn (1998). We apply non parametric and semi-parametric regressions with time depending coefficients to estimate fiscal policy reaction function in Cameroon between 1975 and 2005. We find out...
Persistent link: https://www.econbiz.de/10015265937
This article deals with the sustainability of public debt within the Post-Keynesian framework proposed by Pasinetti in order to determine the stability conditions of the public debt/GDP ratio. This alternative and simple technique is used to assess the impact of austerity policies in some...
Persistent link: https://www.econbiz.de/10015248444
This note, intended for cross-border and national investors like banks, companies, financial markets, large national and international institutions aims to answer the multiple questions on the decision-making to intervene or not in this country with lower middle income (PRITI). To paraphrase...
Persistent link: https://www.econbiz.de/10015211966
L’article utilise un modèle à générations imbriquées pour analyser les effets d’une relance budgétaire mise en oeuvre dans une union monétaire par un gouvernement qui doit tenir compte de la nécessité de réduire ses dépenses publiques dans le futur conformément à une règle de...
Persistent link: https://www.econbiz.de/10008875868
A balanced budget requirement directly affects the intra-generational wealth distribution and influences the level of government spending. Both effects give rise to distributive conflicts that can explain why some groups support balanced budget rules while other groups in the same generation...
Persistent link: https://www.econbiz.de/10005771127
Persistent link: https://www.econbiz.de/10008800012
French Abstract: Cet article se propose d'étudier les réponses offertes par la politique fiscale en Amérique latine dans la situation actuelle « d'atterrissage en douceur ». En fait, il apparaît que la région est exposée à un risque de choc externe de pays développés et la Chine à un...
Persistent link: https://www.econbiz.de/10012890983
La crise économique et financière a servi de catalyseur à une crise budgétaire qui submerge de nombreux pays de l’OCDE. Assainir les finances publiques pour faire face aux conséquences de la crise, aux faiblesses sous-jacentes ainsi qu’aux pressions futures sur les dépenses publiques...
Persistent link: https://www.econbiz.de/10012452771