The Oxford Handbook of the Economy of Cameroon
Cameroon's suboptimal economic experience since independence (1960) sheds light on broader issues of Africa's development narrative, and provides valuable economic and policy knowledge. While Cameroon's large informal economy is diverse and resilient and rooted in old business traditions, its formal economy has exhibited low productivity and employment growth for over 60 years. This has brought anger, disappointment, and violent conflict in several regions of the country.

The Oxford Handbook of the Economy of Cameroon examines the reasons of Cameroon's unsatisfactory economic performance and draws lessons from successful development experience to help tackle these issues. The Handbook provides a critical assessment of the history, patterns, and strategies of economic development in Cameroon, and outlines new approaches to economic enquiry for prosperity and social change. Through Cameroon's governance story, the handbook analyzes the evolving conceptions of economic policy, takes stock of intellectual progress, documents the challenges of implementation, and outlines the intellectual and policy agenda ahead.

For a developing country increases in per capita income arise from advances in technology arise from closing the knowledge and technology gap with those at the frontier. And within any country (especially one like Cameroon), there is enormous scope for productivity improvement simply by closing the gap between best practices and average practices. Standards of living can therefore be improved through the implementation of pertinent learning strategies.

In this Oxford Handbook of the Economy of Cameroon, an international team of leading development economists and researchers address the wide range of issues facing Cameroon and provide guiding principles on how best the country (and other developing nations) could move human, capital, and financial resources from low- to high-productivity sectors in a constantly changing global economy.
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The Oxford Handbook of the Economy of Cameroon
Cameroon's suboptimal economic experience since independence (1960) sheds light on broader issues of Africa's development narrative, and provides valuable economic and policy knowledge. While Cameroon's large informal economy is diverse and resilient and rooted in old business traditions, its formal economy has exhibited low productivity and employment growth for over 60 years. This has brought anger, disappointment, and violent conflict in several regions of the country.

The Oxford Handbook of the Economy of Cameroon examines the reasons of Cameroon's unsatisfactory economic performance and draws lessons from successful development experience to help tackle these issues. The Handbook provides a critical assessment of the history, patterns, and strategies of economic development in Cameroon, and outlines new approaches to economic enquiry for prosperity and social change. Through Cameroon's governance story, the handbook analyzes the evolving conceptions of economic policy, takes stock of intellectual progress, documents the challenges of implementation, and outlines the intellectual and policy agenda ahead.

For a developing country increases in per capita income arise from advances in technology arise from closing the knowledge and technology gap with those at the frontier. And within any country (especially one like Cameroon), there is enormous scope for productivity improvement simply by closing the gap between best practices and average practices. Standards of living can therefore be improved through the implementation of pertinent learning strategies.

In this Oxford Handbook of the Economy of Cameroon, an international team of leading development economists and researchers address the wide range of issues facing Cameroon and provide guiding principles on how best the country (and other developing nations) could move human, capital, and financial resources from low- to high-productivity sectors in a constantly changing global economy.
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The Oxford Handbook of the Economy of Cameroon

The Oxford Handbook of the Economy of Cameroon

by Célestin Monga (Editor)
The Oxford Handbook of the Economy of Cameroon

The Oxford Handbook of the Economy of Cameroon

by Célestin Monga (Editor)

Hardcover

$195.00 
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Overview

Cameroon's suboptimal economic experience since independence (1960) sheds light on broader issues of Africa's development narrative, and provides valuable economic and policy knowledge. While Cameroon's large informal economy is diverse and resilient and rooted in old business traditions, its formal economy has exhibited low productivity and employment growth for over 60 years. This has brought anger, disappointment, and violent conflict in several regions of the country.

The Oxford Handbook of the Economy of Cameroon examines the reasons of Cameroon's unsatisfactory economic performance and draws lessons from successful development experience to help tackle these issues. The Handbook provides a critical assessment of the history, patterns, and strategies of economic development in Cameroon, and outlines new approaches to economic enquiry for prosperity and social change. Through Cameroon's governance story, the handbook analyzes the evolving conceptions of economic policy, takes stock of intellectual progress, documents the challenges of implementation, and outlines the intellectual and policy agenda ahead.

For a developing country increases in per capita income arise from advances in technology arise from closing the knowledge and technology gap with those at the frontier. And within any country (especially one like Cameroon), there is enormous scope for productivity improvement simply by closing the gap between best practices and average practices. Standards of living can therefore be improved through the implementation of pertinent learning strategies.

In this Oxford Handbook of the Economy of Cameroon, an international team of leading development economists and researchers address the wide range of issues facing Cameroon and provide guiding principles on how best the country (and other developing nations) could move human, capital, and financial resources from low- to high-productivity sectors in a constantly changing global economy.

Product Details

ISBN-13: 9780192848529
Publisher: Oxford University Press
Publication date: 01/25/2023
Series: Oxford Handbooks
Pages: 800
Product dimensions: 9.20(w) x 7.20(h) x 2.70(d)

About the Author

Célestin Monga, Visiting Professor of Public Policy, Harvard's Kennedy School of Government

Célestin Monga is Visiting Professor of Public Policy at Harvard's Kennedy School of Government, Faculty Associate at the Center for International Development (CID) Harvard University, and Fellow at the Harvard University Center for African Studies. He is also Distinguished Professor of Economics, Finance, and Governance, at the University of Witwatersrand (Johannesburg, South Africa (2021-2023)). He is part-time Professor of Economics at the University of Paris 1 Panthéon-Sorbonne and Research Professor at Peking University's Institute of New Structural Economics. He held various board and senior executive positions in academia, financial services, and international development institutions, serving most recently as Managing Director at the United Nations Industrial Development Organization (UNIDO), Vice-President and Chief Economist of the African Development Bank Group, and Senior Economic Adviser/Director at the World Bank Group.

Table of Contents

Introduction1. The Economics and Poetics of Sorrow, Célestin MongaPart I: Context, Legacies, and Mindsets2. The Cameroon Economy: Historical Overview, John Mukum Mbaku3. Cameroon as Part of Central Africa's Political Economy, Andreas Mehler4. The Interplay Between Colonial History and Postcolonial Institutions: Evidence from Cameroon, Marie Christelle Mabeu and Roland Pongou5. The Political Economy of Ethnicity, Célestin Monga6. The Political Economy of Reform Consensus (or Lack Thereof) in Cameroon, Constant Lonkeng7. The Homo Economicus in Cameroon: A View from Below, Ambroise Kom8. Untold perspectives about Cameroon's Economy, Fabien NkotPart II: Economic Structure and Structural Transformation9. Monetary and Multidimensional Poverty in Cameroon: Measurements, Determinants and Policy Implications, Francis Andrianarison, Bouba Housseini, and Christian Oldiges10. Cameroon's Economic Assets and Production: Documenting and Analyzing a Mismatch, Fulbert Tchana Tchana11. The Economics of Infrastructure in Cameroon: State, Challenges, and Policy Reforms, Paul Noumba Um and Théophile Bougna12. Structural Transformation and Productivity Growth in Cameroon, Désiré Avom and Yselle Malah Kuete13. Economic Diversification in Cameroon: A Trade-DSM analysis, Jean-Marc M. Kilolo, Martin Cameron, Antonio Pedro, and Jean-Luc N. Mastaki14. Cameroon: Trade Costs, Trade Facilitation, and Regional Integration, Zakaria Sorgho15. The Political Economy of Contemporary Youth in Cameroon, Parfait Eloundou-Enyegue, Sarah C. Giroux, and Michel Tenikue16. Cameroon's Labour Market Dynamics and Prospects, Bouba Housseini and Brahim Boudarbat17. Cameroon's Informal Labour Market, Ebenezer Lemven Wirba, Fiennasah Annif' Akem, and Francis Menjo Baye18. Drivers of Earnings Inequalities in Urban Cameroon, Christian Zamo-Akono and Simon Alain Song-Ntamack19. Education: The Hypothesis of Negative Returns, Bernadette Dia Kamgnia and Cyrille Bergaly Kamdem20. Early Human Capital Accumulation and Decentralization, Guy Tchuente21. Comments on Decentralization in Cameroon, Roger B. Myerson22. Determinants of the Performance of Education System: The Role of Institutions, Issidor Noumba23. Health Outcomes and Health Care Financing in Cameroon, Augustin Ntembe24. Economic Evaluations of Health Financing Programmes, Eric Tchouaket Nguemeleu, Stephanie Robins, Émilie, Belanger, Drissa Sia, and Isidore Sieleunou25. Agriculture Transformation, Martin Fregene and Gracia KahashaPart III: Macroeconomic Policies and Institutional Practices26. Fiscal Policy Effectiveness through the Lenses Useful of Government Consumption, John Nana Francois and Andrea Mata27. Fiscal Decentralization, Entrepreneurship and Firm Productivity in Cameroon, Théophile Bougna and Pierre Nguimkeu28. Public Debt: Beyond Accounting, Célestin Monga29. Withholding Trust: Business Taxpayers and the Value-Added Tax in Cameroon, José-María Muñoz30. The CFA Franc: Financial Sector and Economic Growth in CEMAC, Aloysius Ajab Amin31. Monetary and Financial Sector in Cameroon: Structure, Performance and Vulnerabilities, Jacques Landry Bikai, Guy Albert Kenkouo, Patrick-Nelson Daniel Essiane, and Moustapha Mbohou Mama32. Financing Small and Medium Enterprises in Cameroon, Regina Tawah33. Female Entrepreneurship in Africa: Characteristics and Determinants in Cameroon, Ahmadou Aly Mbaye, Fatou Gueye, and Nancy Benjamin34. Models of Governance in Cameroon's Public Administration, Viviane Ondoua35. The Economy of Corruption in Cameroon's Cartoons, Christelle Amina DjouldePart IV: Looking Forward36. The Analytics of Natural Resource Management, Eric Bahel, Octave Keutiben, and Didier Tatoutchoup37. Testing the Dynamic Efficiency of Extraction of Non-renewable Resources, Didier Tatoutchoup, Octave Keutiben, and Eric Bahel38. Oil Revenue Management: Cameroon's Experience, Octave Keutiben, Didier Tatoutchoup, and Eric Bahel39. Comparing Non-Renewable Resources Stocks and Capital Goods, Johnson Kakeu40. Electricity Supply and Manufacturing Exports, Ismaila Amadu and Epo Boniface Ngah41. A Blueprint for Employment Creation, Célestin Monga42. The Economics of Migration and Remittances: New Opportunities, Nadege D. Yameogo43. Artificial Intelligence and Big Data Analytics in Cameroon: Challenges, Benefits and Potentials Applications, Samuel Fosso Wamba and Maciel M. Queiroz44. The Economy of Humanitarianism, Cilas Kemedjio45. When Kamerun Will Awaken, Daniel Etounga-Manguelle
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