The objective of this paper is to examine the effect of trade openness on employment in Cameroon. The methodologies used in order to test our hypothesis were the FMOLS and DOLS. The results of the estimations show a positive and significant effect of trade openness on employment in Cameroon with both methods. Indeed, industrialisation and investments were found to significantly increase employment in Cameroon. As recommendations, if Cameroon envisages expanding in international trade, she should encourage sectors that have a spillover effect. These include increasing industrialisation which will lead to increase in national productivity. Furthermore, the educational system should match training with jobs. JEL Codes: F16, C22
The nature of the link between savings investment and growth in empirical and theoretical research in Cameroon is not well known in Cameroon. The objective of this study is to examine the nature of the relationship between savings, investment and economic growth in Cameroon from 1980 to 2010. In order to achieve our objective, data from World Bank were collected and tested in a Vector Auto Regressive Model. The Toda-Yamamoto (1995) Granger non causality test used in testing the hypothesis which was to investigate the nature of the link between investment, saving and growth showed the following results: In Cameroon, there is a unidirectional causal relationship from investment to savings, from growth to savings, and finally from growth to investment. Meanwhile, there is no causal link from savings to investment, savings towards growth and investment to growth in Cameroon. Thus, the recommendation among other things is that, Cameroon government should create an incentive framework conducive to the enhancement of gross national savings and investment to strengthen production and economic growth.
Inflation is the main concern of developing Countries and particularly in Ivory Coast, a leading West Africa French speaking Country. The objective of this study is to make a comparative analysis of the effect of inflation on growth between Cameroon, a French speaking Central Africa Country where inflation is not a big concern and Ivory Coast. Using the Least Squares methodology, we find that inflation has no effect on economic growth in Cameroon during the study period. However, it has a negative and significant effect on economic growth in Ivory Coast. Also, the analysis of the causal relationship between inflation and economic growth using the Toda -Yamamoto framework and the Vector Autoregressive model show that there is a unidirectional causality from inflation to economic growth in Ivory Coast, while there is no causality between these variables in Cameroon.
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