After decades of heavy trade restrictions, fiscal distortions, and currency overvaluation, Cameroon implemented important commercial and fiscal policy reforms. Almost simultaneously, a major CFA devaluation cut the international price of Cameroon's currency in half. The authors examine the effects of these reforms on the incentive structure that manufacturing firms face. Did they create a coherent set of new signals? Was the net effect to stimulate...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2000/09/30
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Рабочий документ в рамках исследования вопросов политики
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WPS2442
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1
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1
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2010/07/01
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A firm's-eye view of policy and fiscal reforms in Cameroon
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commercial policy