Growth, poverty, and inequality: The case study of Cameroon

Abstract

The purpose of this paper is to analyse the growth performance of the Cameroonian economy from independence in 1960 to date, and then to use this as a background for the analysis of poverty, inequality, and non-monetary outcomes. The analysis of poverty and inequality uses the microeconomic data from three comparable and nationally representative Cameroonian household surveys that were conducted respectively in 1996, 2001, and 2007. These objectives are complemented by an analysis of the four Demographic Health Surveys conducted in Cameroon by Macro International and the National Institute of Statistics of Cameroon in 1991Cameroon in , 1998Cameroon in , 2004Cameroon in , and 2011. This analysis puts more emphasis on spatial differences. We also provide some policy recommendations which generally focus on poverty reduction, especially in disadvantaged regions of the country and on the promotion of a stronger and sustainable economic growth in Cameroon.

Exploring the Neo-Colonial Influence of Chinese FDI and Western Power on the Evolution of Labor Market Policies in a Developing Country

“…Third, the decolonization and post-colonial restructuring in Africa embedded a system of Western dominance and subjugation (Frenkel, 2008). Sub-Saharan economies and institutions were weakened or undermined as they came to rely solely on inward investments from former colonial powers (Fambon, 2013). The institutional landscapes that were created following independence treated the new African states as little more than appendages of the colonizers (Fonchingong, 2005).…”

“…This failure was because economics were mostly influenced by the French metropolitan administration that setup Cameroon's systems after independence. For example, the 1952 labor code, instituted by colonial authorities, was successively promulgated to other codes in 1967 and 1974 (Fambon, 2013). The only significant modification of the 1974 code was the establishment of rigid labor contracts whereby conditions for dismissal were constraining, in terms of notice, allowances, and administrative procedures.…”

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“…The results indicated that FDI and economic growth are jointly determined in Nigeria and there is positive feedback from FDI to growth and from growth to FDI. Fambon (2013) investigated the effect of foreign capital inflows (foreign aid and foreign direct investment) on economic growth in Cameroon. The study employed an autoregressive distributive lag approach to the co-integration and time-series data for the period 1980-2008.…”

Informality and tax revenue in Ghana

“…These illegal activities even though may provide income to the individuals involved, but add very little value to the society and the national economy (Fambon, 2006). c) and Thomas (1992) have defined the sector in two approaches: "the definitional and behavioral".…”