Trade and Exchange Rate Policy Options for the CFA Countries: Sumulations with a CGE Model for Cameroon

This paper uses a computable general equilibrium model consistent with stylized facts about Cameroon to assess the impact of the 1994 regional fiscal reform. Two main elements characterize this model: it accounts for the asymmetric impact with trading partners and the dualism on product and factor markets through due consideration of both formal and informal sector's activities. Our analysis focuses on the macroeconomic impact and the welfare implications of the simulations.