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240607 ||| fra |
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|a 9781484316412
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|a Central African Economic and Monetary Community (CEMAC): Staff Report on the Common Policies in Support of Member Countries Reform Programs
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| 245 |
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|a Central African Economic and Monetary Community (CEMAC)
|b Staff Report on the Common Policies in Support of Member Countries Reform Programs
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2017
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| 300 |
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|a 47 pages
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| 651 |
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4 |
|a Central Africa Economic and Monetary Community
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| 653 |
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|a Fiscal stance
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Credit
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| 653 |
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|a Public debt
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| 653 |
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|a Banks
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Banks and banking
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| 653 |
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|a Monetary economics
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| 653 |
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|a Debt Management
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Debts, Public
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| 653 |
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|a Debt
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Mortgages
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Money supply
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| 653 |
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|a Monetary base
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Banking
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
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| 710 |
2 |
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|a International Monetary Fund
|b African Dept
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| 041 |
0 |
7 |
|a fra
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
5 |
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|a 10.5089/9781484316412.002
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2017/176/002.2017.issue-176-fr.xml?cid=45200-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a The sharp decline in oil prices has profoundly impaired the region’s external and fiscal balances. Oil export proceeds and budget oil revenues have plummeted between 2014 and 2016. The oil revenue shock and accommodative fiscal policy by member countries supported by expansionary regional monetary policies contributed to a fall in international reserves to a near critical point, despite initial spending cuts by some member countries. As a result of widening fiscal deficits and accommodative monetary policy, the current account deficit also widened substantially. International reserves reached the equivalent of 2.3 months of imports in December 2016
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