Monetary stability versus financial stability in CEMAC: An explanation of the overliquidity paradox - Softcover

Ntonga Efoua, Fabien Clive

 
9783659533808: Monetary stability versus financial stability in CEMAC: An explanation of the overliquidity paradox
Softcover
ISBN 10: 3659533807 ISBN 13: 9783659533808
Verlag: LAP LAMBERT Academic Publishing, 2014

Inhaltsangabe

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.

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Reseña del editor

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.

Biografía del autor

The author of this book is one of the youngest Assistant Lecturers at the Faculty of Economics and Management of the University of Yaoundé II, Cameroon. Passionate about classical music, jazz, astronomy, history and philosophy, he also teaches economics and statistics in higher professional Institutes since 2010.

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Verlag
LAP LAMBERT Academic Publishing
Erscheinungsdatum
2014
Sprache
Englisch
ISBN 10 
3659533807
ISBN 13 
9783659533808
Einband
Tapa blanda
Anzahl der Seiten
68
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Verantwortliche Person
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