The foreign exchange reserves of the Central African Economic and Monetary Community (CEMAC) countries have decreased since the fall of world oil price that began in July 2014. In fact, five of the six of the CEMAC countries are oil producers. Based on interrupted time series modeling, the...

This paper has two objectives: to characterize the exposure of developing countries to the international income, prices and monetary shocks and to calculate the social well-being in the period of contagion. Firstly, we develop a theoretical model with a world composed of two countries (developed...

The objective of the study is to analyze the effect of per capita gross domestic product on the monetary and qualitative well-being of Gabonese households. As a result, we use a VAR model with exogenous hypothesis. The results show that wealth creation observed in Gabon from 1980 to 2017 does...

This paper proposes to model the risk of propagation of COVID-19 through the fiat money channel, based on the velocity of money in Gabon. The simulation is made by assuming that one monetary unit is initially carrying the virus and that the “barrier” hygiene measures are not respected. Based...

The environmental poverty trap (see for example: Fodha and Seegmuller, 2012; 2014) gives renewed interest to the analysis of the economic effects of environmental policy financing in developing countries. Our contribution to the literature is to analyze the effect on public debt dynamics of...