Cameroon Economic Update, January 2011, Issue No. 1 : Time for the Lion to Wake Up?

Cameroon Economic Update, January 2011, Issue No. 1 : Time for the Lion to Wake Up?

This Cameroon economic update, the World Bank is launching a program of short, crisp and more frequent country economic reports. These economic updates will analyze the trends and constraints in Cameroon's economic development. Each issue, pro...

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Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2017
Subjects:	ACCOUNTING ADVERSE EFFECTS AGRICULTURE ARREARS BACKBONE BANDWIDTH BANKING BANKING SECTOR BENCHMARKS BEST PRACTICE BOND ISSUE BROADBAND BUDGET BUDGET ALLOCATIONS BUSINESS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPPORTUNITIES CAPITAL EXPENDITURE CAPITAL MARKET CAPITAL MARKETS CAR CENTRAL BANK CENTRAL GOVERNMENT DEBT COMMERCIAL BANKS COMMODITIES COMMUNICATION COMMUNICATION SERVICES COMMUNICATION TECHNOLOGIES COMMUNICATION TECHNOLOGY COMMUNICATIONS TECHNOLOGY COMPETITIVENESS CONNECTIVITY CONNECTIVITY INFRASTRUCTURE CONSUMER PRICE INDEX CONSUMERS CONSUMPTION LEVELS COST STRUCTURE COUNTRY DEBT COUPON CREDIT GROWTH CUSTOMS DEBT DEBT MANAGEMENT DEBT REDUCTIONS DEBT RELIEF DEBT SERVICE DEFICIT DEMOCRACY DEPOSITS DEVELOPING COUNTRIES DEVELOPMENT PROJECTS DIRECT ACCESS DRIVERS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC PERFORMANCE ECONOMIC STRUCTURE ECONOMIES OF SCALE ELECTRICITY ELECTRONIC COMMUNICATIONS EQUIPMENT EXPECTATIONS EXPORT EARNINGS EXPORTS FINANCE FINANCIAL BURDEN FINANCIAL CRISIS FOOD PRICE FOOD PRICES FREIGHT FUEL FUEL PRICE FUTURE GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL INFORMATION SOCIETY GLOBAL STANDARDS GOOD GOODS GOVERNANCE GOVERNMENT BOND GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT FINANCE GRANTS GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES HARMONIZATION HIGH TRANSPORT HUMAN DEVELOPMENT ICT INCENTIVES INCOME INCOME GROUPS INFLATION INFORMATION INFORMATION TECHNOLOGY INFRASTRUCTURE INFRASTRUCTURE ACCESS INFRASTRUCTURE PROJECTS INITIATIVES INSTALLATION INSTITUTIONAL FRAMEWORK INSTITUTIONS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INTEROPERABILITY INVESTMENT INVESTMENTS ISSUANCE JOB CREATION LACK OF COMPETITION LEGAL INSTRUMENT LIBERALIZATION LICENSE LICENSES LIMITED ACCESS LINK LOW-INCOME COUNTRY MANUFACTURING MARKET MARKET PENETRATION MARKET STRUCTURE MIDDLE-INCOME COUNTRIES MOBILE TELEPHONE MOBILE TELEPHONY MONETARY FUND MONOPOLY NATIONAL DEBT NATIONAL INCOME NATIONAL PARKS NATURAL RESOURCES NEW PRODUCTS OPEN ACCESS OPTICAL CABLE PAYMENT OBLIGATIONS PAYMENTS PERFORMANCE PETROLEUM PRODUCTS POLICIES PORT INFRASTRUCTURE POVERTY PRICES PRIVATE CREDIT PRIVATE PARTNERSHIP PRIVATE SECTOR PROCUREMENT PRODUCTION PRODUCTIVITY PRODUCTIVITY INCREASES PROFITS PROTOCOL PUBLIC DEBT PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SPENDING PUBLIC UTILITIES REGIONAL INTEGRATION REGIONAL NETWORK REGULATORY AGENCY RESERVES RESULT RESULTS RETAIL PRICES REVENUE REVENUES ROAD ROAD NETWORK ROAD TRANSPORT ROADS SATELLITE SERVICE PROVIDERS SETTLEMENT SHARE SHARES STOCK SUPERVISION SURFACE TRANSPORT SUSTAINABILITY ANALYSES SUSTAINABILITY ANALYSIS TARIFF TARIFFS TAX TAXES TECHNOLOGIES TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELECOMMUNICATIONS NETWORK TELEPHONE LINES TELEPHONY TIMELY ACCESS TRADITIONAL MARKETS TRAINING TRANSMISSION TRANSPORT COSTS TRANSPORT SERVICES TREND TRENDS UNEMPLOYMENT USER VALUATION VALUE VALUE CHAINS VEHICLE
Online Access:	http://documents.worldbank.org/curated/en/144351468017355739/Time-for-the-lion-to-wake-up-An-economic-update-on-Cameroon-with-a-focus-on-telecoms http://hdl.handle.net/10986/27242

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Summary:	This Cameroon economic update, the World Bank is launching a program of short, crisp and more frequent country economic reports. These economic updates will analyze the trends and constraints in Cameroon's economic development. Each issue, produced bi-annually, will provide an update of recent economic developments as well as a special focus on a selected topical issue. The economic updates aim to share knowledge and stimulate debate among those interested in improving the economic management of Cameroon and unleashing its enormous potential. The notes thereby offer another voice on economic issues in Cameroon, and an additional platform for engagement, learning and change. The report's special focus on the telecommunication sector. Cameroon has been hit by the global economic and financial crisis over the past two years, as reflected in steep declines in the price and demand for its export commodities including oil, timber, rubber, cotton and aluminum. However, the upturn in the global economy and measures taken by the authorities to stimulate domestic production, preliminary indications suggest that economic activity is recovering. Gross domestic product (GDP) growth in 2010 is estimated to have reached 3 percent on the back of stronger non-oil activities, which expanded by about 4 percent (particularly food crops, forestry, construction, transport, and telecoms). Data on private credit growth corroborate this assessment. Cameroon is a relatively small and mature oil producer, where oil production is declining. Depleting reserves, aging equipment, and more recently postponements of some development projects and investments because of the financial crisis explain this profile. The contribution of this sector to GDP growth has been mostly negative in recent years: oil production is estimated to have contracted by a further 16 percent in 2010 (to 23.2 million barrels).