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Ré-appréhension de la relation Ouverture ― Croissance : le rôle du facteur travail, du facteur capital et de la position extérieure de la nation. Cas de l’économie camerounaise
[Reassessment of the relation Openess - economic growth; role of labor, capital and the external position. Case of Cameroon]

Author

Listed:
  • Kuikeu, Oscar

Abstract

an considerable amount of discussions have been said on the interaction between the pandemic’s occurrence and it’s impact on the economy. One of the main and principal channel is by the way of Openess where government due to lockdows close their respective borders in ohther to ajust the main term of trade, thus mainly the capital account or the stock of national debt, this asserts into the closed economy by the ajustements of Supply toward demand in order to make change in price or inflation. Nevertheless regarding experience of United States, Senegal in sub Saharan Africa one the obvious challenge implied by the resilience policies against Covid-19 has been the unemployment. Cameroonian economy is one of this case because her national institution are trying to use endogenous drug to the crisis in particular toward the protection against infection who practices implie therefore the operationalization of an process of industrialization unreliable without the concern and prospects towords unemployment. In relation to this aggregate is the concern on the gross national investment who gives to the labor factor all the meaning able to produce. Therefore it’s reliable to assert that the pandemic have mainly reassess the Old relation between Openess and economic growth considering the inference make by this prospect on some concern related to this process of Openess, namely the debt or the current account, the price change or inflation, the investment, and the unemployment. Thus in the line of this prospect the line of this paper is to reassess this relationship for the case of Cameroon an emerging country in which the position toward the foreign partner is mainly realize and make by the agreements on monetary cooperation on the cfa franc who makes thus of this country an interesting case to reassess the unacheive and unbelieve relation between Openess and economic growth taking into account the main trend of the macroeconomic framework mainly governs by the Outbrek at this period of current time.

Suggested Citation

  • Kuikeu, Oscar, 2021. "Ré-appréhension de la relation Ouverture ― Croissance : le rôle du facteur travail, du facteur capital et de la position extérieure de la nation. Cas de l’économie camerounaise [Reassessment of the relation Openess - economic growth; role of labor," MPRA Paper 106836, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:106836
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    References listed on IDEAS

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    1. Christopher A. Sims, 1986. "Are forecasting models usable for policy analysis?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 10(Win), pages 2-16.
    2. Galí, Jordi & Gertler, Mark, 1999. "Inflation Dynamics: A Structural Economic Analysis," CEPR Discussion Papers 2246, C.E.P.R. Discussion Papers.
    3. Kuikeu, Oscar, 2021. "Robustesse du modèle d’évaluation d’impact de la Covid-19 au Cameroun: une approche par la modélisation VAR [Robustness of economic impact assessment of Covid-19 in Cameroon: a Methodological VAR approach]," MPRA Paper 106749, University Library of Munich, Germany.
    4. Gali, Jordi & Gertler, Mark, 1999. "Inflation dynamics: A structural econometric analysis," Journal of Monetary Economics, Elsevier, vol. 44(2), pages 195-222, October.
    5. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72(6), pages 584-584.
    6. Kuikeu, Oscar, 2020. "L’impact économique du COVID-19 au Cameroun: une approche par la Modélisation VAR [Economic impact of COVID-19 in Cameroon: an empirical assessment with the VAR Methodology]," MPRA Paper 99727, University Library of Munich, Germany.
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    Keywords

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    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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