Effects of Governance on Growth in the Central Africa Economic and Monetary Community (CAEMC) ()
ABSTRACT
The purpose of this study is to highlight the effects of governance indicators on the growth of CAEMC countries’ economies. The analysis conducted using panel data econometrics, in accordance with the generalized method of moments, over a period from 2002 to 2015, showed that corruption, bureaucratic quality and political instability negatively influence the growth of CAEMC countries’ economies. In contrast, regulatory quality, rule of law, and citizen voice and accountability had a positive impact on the growth of CAEMC economies. These results have given rise to economic policy implications.
Share and Cite:
Mbingui, C. , Owonda, F. and Elsia Minkala Tsinkonda, N. (2021) Effects of Governance on Growth in the Central Africa Economic and Monetary Community (CAEMC).
Open Journal of Social Sciences,
9, 22-41. doi:
10.4236/jss.2021.97003.
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