This paper aims at evaluating the major determinants of access to credit and their impact on the sustainability of SMEs in Cameroon using the 2016 World Bank enterprise survey. The probit model and linear regression model were used and the results show that collateral security, experience, interest rates, corruption and size of loan are the major determinants of access to credit and access to credit has a positive impact on the sustainability of SMEs in Cameroon. From the results, we can recommend the government to formulate an entrepreneurship strategy that will enable the SMEs to have financial access.
The objective of this study was to examine the effect of decentralization on poverty in Cameroon in a holistic stand point. This was done using data from the Ministry of decentralization and local development in Cameroon from 2011-2019, African election data and ECAM II and III. A Panel data linear regression model was used and the results showed that decentralization procedure is poverty reducing in Cameroon. These findings have implication for poverty reduction in Cameroon. The paper then suggests that by putting an effective and efficient decentralization strategy (that is letting local councils to exercise their own developmental activities by taking into consideration their local realities, there will be growth and development enhancing). This will equally lead to competition among councils in the country for creativity and other initiatives. To allow for a healthy working environment, both local and central governments should implement decentralization processes without reservations.Inspection, supervision and control should be intensified.Contribution/Originality: This article contributes to knowledge as a case study in Cameroon. It explains some challenges in the subject matter and gives the policy-maker a chance to appreciate principles of effective implementation of decentralization to reduce poverty.
The objective of this study was to examine the effect of the Corona Virus Disease (COVID-19) on household welfare in Cameroon. This was done using data from a survey of 264 households in Cameroon in 2020. A linear regression model and Heckman sample correction bias were used and the results showed that COVID-19 reduces household welfare in Cameroon. These findings have implications of reducing the impact of COVID-19 on household welfare if households should develop new sources of income and food strategies by engaging more on agricultural activities and government can take a strategy of allocating grants either by reducing the cost of necessities (water, electricity, foodstuff, and housing). The triple helix approach where government, institutions of technology, and businesses should develop a vaccine for the pandemic to bring back economic life to normal.
This paper investigates the implications of the 2008 minimum wage review for labor supply using the 2005 and 2010 Cameroon labor force surveys. Specifically, it assesses the extent, depth, and severity of minimum wage violations in the Cameroon labor market, and evaluates the impact of the 2008 minimum wage review on labor supply in Cameroon between 2005 and 2010. To achieve these objectives, use is made of the violation class of indices, bivariate probit, and the control function. Empirical results show that minimum wage violation is more prevalent, deeper, and severer among rural (female) workers than their urban (male) counterparts. Results also confirm a direct relationship between engaging in the formal sector and labor supply over the period 2005–2010 and participating in the formal sectoincreasesse the hours of work. These findings are in tandem with the wisdom that the Cameroon government could adopt a compliance-enhancing strategy that needs to be comprehensive, addressing issues throughout the design, adjusting, and implementing the minimum wage policies especially in the informal sector, rural areas, and deprived female groups.
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