All Title Author
Keywords Abstract


Inflation, Money and Economic Growth in Cameroon

DOI: 10.5430/ijfr.v2n1p45

Full-Text   Cite this paper   Add to My Lib

Abstract:

For some decades now, anti-inflationary monetary policies have been adopted by the Central bank of the CEMAC zone in view of sustaining economic growth. Despite the low level of inflation recorded, the economic growth of Cameroon remains fragile. The objective of this article is to analyse the relationship between economic growth, inflation and money in circulation using a VAR model for the period 1960-2007. It is shown that increase in money supply increases growth and that growth causes inflation; however, an increase in money supply does not necessarily increase inflation.

Full-Text

comments powered by Disqus