Monetary stability versus financial stability in CEMAC

An explanation of the overliquidity paradox

EDITORIAL: LAP LAMBERT Academic Publishing
ISBN: 9783659533808
FECHA DE EDICIÓN: 01/08/2014
Nº DE EDICION:

Libro Impreso
Nº PAGINAS: 68
DIMENSIONES: x

DIRECTORES, AUTORES Y COLABORADORES

Autor: Fabien Clive Ntonga Efoua

MATERIAS

Libro no disponible

This book aims to assess the correlation between inflation rate and macro-financial euphoria in the Economic and Monetary Community of Central Africa (CEMAC) where it can be noted a climate of speculation. The methodological approach used by the author enables to give an explanation of the overliquidity paradox (the persistent situation in liquidity excess and the credit rationing) in the BEAC Area. Easy to read, this book widely uses tables, graphs and other illustrations that allow the reader to have an understanding of the financial history of the countries of CEMAC. It also makes a clear and pertinent comparison between the current macro financial framework of this sub-region and many financial instability episodes worldwide at different epochs; asking interesting questions about the conduct of monetary policies in CEMAC.