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Promoting export diversification in Cameroon: Toward which products?

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Author Info
Lydie Tankoua Bamou
Abstract

In a bid to solve the chronic balance of payments deficit resulting from the economic crisis that Cameroon has been experiencing since the mid-1980s, the Government opted to promote diversification of exports. Given the supply and demand constraints on traditional exports, non-traditional ones have been given pride of place. This research intends to provide an indication of a priority order of these exports by classifying them according to their world market access prospects. The calculations of the competitiveness and financial capital profitability indexes show that from the 33 identified non-traditional export products, of which close to three fourth are industrial, 19 (4 primary agriculture and 15 industrial) are competitive and profitable and can thus be promoted in priority within the exports diversification promotion framework that the government intends to put in place. The analysis of the competitiveness and profitability determinants revealed that these performances can be improved if the tariff and non-tariff barriers as well as national and international inadequate socioeconomic environment that constrain them are lightened.

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Publisher Info
Paper provided by African Economic Research Consortium in its series Research Papers with number RP_114.

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Length: 52 pages
Date of creation: Mar 2002
Date of revision:
Handle: RePEc:aer:rpaper:rp_114

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