Economic Growth

/Tag: Economic Growth

Job creation versus economic Growth in Cameroon

By |2019-02-26T17:53:53+00:00February 26th, 2019|Categories: Publications|Tags: , |

By Dr. Fuein Vera Kum (PDF Here) The link between economic growth and job creation is not always straight forward. While economic growth is good for job creation, it is important that growth occurs in sectors that have a potential to absorb labor on a large scale. For example, growth in the manufacturing and service sectors have a positive impact on job creation [1]. Job creation – an element of growth Job creation is a cornerstone; an important component for long-lasting development and growth.  Employment creation is a priority for donors and governments, as outlined in the 2011 World Development [...]

Its Time to Rebase Cameroon’s GDP

By |2018-03-03T04:59:19+00:00January 22nd, 2018|Categories: Publications|Tags: , , |

By Lontum Edwin Nchadze Initiated by Ghana in 2011, large-scale upward revisions of GDP estimates have been announced by several African countries in recent years. These announcements preceded an exercise carried out in each country; the revision of methods and base data used to calculate the Gross Domestic Product(GDP), known as rebasing GDP. In 2014 alone, Kenya, Nigeria, Tanzania, Uganda, and Zambia all completed rebasing exercises, which led to significant revaluations of their GDPs: Nigeria’s GDP nearly doubled, Tanzania’s grew by 33%, Kenya’s and Zambia’s increased by 25%, and Uganda’s rose by 13%. What is GDP Rebasing? Typically, GDP figures [...]

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