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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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