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Importance des Politiques Financieres dans la Croissance Economique en zone CEMAC: Approche en Donnees de Panel

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  • Christian Lambert Nguena

    (Association of African Young Economists)

  • Roger Tsafack Nanfosso

    (Economic Policy Management Program)

Abstract

Ce papier a pour objectif l’évaluation de l’impact réel des politiques financières mises en oeuvre en zone CEMAC. Pour le faire nous avons effectué une évaluation théorique et empirique du niveau de l’importance des politiques financières -notamment politique monétaire, de libéralisation, de développement financier et bancaire- dans la croissance économique en zone CEMAC. Les résultats de notre investigation économétrique ressortent le fait que les politiques de développement financier et bancaire exercent bel et bien un impact positif sur la croissance économique dans la sous-région CEMAC. De plus l’ouverture commerciale y est grandement bénéfique lorsqu’elle s’accompagne simultanément d’un approfondissement financier et vice-versa. D’autre part le développement bancaire exerce un impact négatif mais pris simultanément avec l’ouverture commerciale il devient favorable à la croissance. Les aspects de politique financière orientés vers l’approfondissement financier et dans une moindre mesure le développement bancaire via la réglementation et la supervision bancaire doivent donc occuper les premiers plans dans la politique appliquée dans la sous-région.

Suggested Citation

  • Christian Lambert Nguena & Roger Tsafack Nanfosso, 2013. "Importance des Politiques Financieres dans la Croissance Economique en zone CEMAC: Approche en Donnees de Panel," AAYE Policy Research Working Paper Series 13_008, Association of African Young Economists, revised Nov 2013.
    • Handle: RePEc:aay:wpaper:13_008
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    Cited by:

    1. Christian Lambert Nguena, 2013. "Inclusive and Pro-Poor Financial System in Africa: Does Islamic Finance Development Matter?," AAYE Policy Research Working Paper Series 13_002, Association of African Young Economists, revised Nov 2013.
    2. Christian Lambert Nguena & Roger Tsafack Nanfosso, 2013. "What Drives and Limits Financial Deepening Dynamics? Fresh Empirical-based Policy Lessons for African Sub-Regions," AAYE Policy Research Working Paper Series 13_003, Association of African Young Economists, revised Nov 2013.
    3. Christian Lambert Nguena & Roger Tsafack Nanfosso, 2013. "Facteurs Microeconomiques du Deficit de Financement des PME au Cameroun," AAYE Policy Research Working Paper Series 13_004, Association of African Young Economists, revised Nov 2013.
    4. Amr Hosny, 2020. "Nonresident holdings of domestic debt in Nigeria: Internal or external driven?," African Development Review, African Development Bank, vol. 32(3), pages 472-485, September.
    5. NGUENA Christian-Lambert, 2014. "External Debt Origin, Capital Flight and Poverty Reduction in the Franc Zone: Does the Economic Consequences of Sino-African Relationship matter?," Working Papers of the African Governance and Development Institute. 14/016, African Governance and Development Institute..
    6. Christian-Lambert Nguena & Oasis Kodila-Tedika, 2023. "Zu rezessiven und expansiven Auswirkungen der Finanzentwicklung: empirische Beweise [On recessive and expansionary impact of financial development: empirical evidence]," Post-Print hal-04228903, HAL.
    7. Christian-Lambert Lambert Nguena & Prince Piva Asaloko, 2023. "Financial inclusion, growth and poverty: Evidence from Africa in COVID-19 era [Inclusion financière, croissance et pauvreté à l'ère de la Covid-19 en Afrique]," Post-Print hal-04150097, HAL.
    8. Souleymane Ndao & Nikolay Nenovsky & Kiril Tochkov, 2019. "Does monetary integration lead to income convergence in Africa? a study of the CFA monetary area," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 18(2), pages 67-85, June.
    9. Christian Lambert Nguena, 2019. "Working Paper 323- Mobile Financial and Banking Services Development in Africa," Working Paper Series 2449, African Development Bank.
    10. Christian-Lambert Nguena, Oasis Kodila-Tedika, 2023. "On recessive and expansionary impact of financial development: empirical evidence," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 20(1), pages 97-130, June.
    11. Christian Lambert NGUENA & Prince PIVA ASALOKO, 2023. "Financial inclusion, growth and poverty: Evidence from Africa in COVID-19 era," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 57, pages 81-100.

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