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Political Science > Environmental Policy

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Cover IMF Staff Country Reports
Cameroon: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper analyzes structural transformation and export diversification in Cameroon. Cameroonian authorities aim for the structural transformation of the economy and export diversification because of their well-known benefits. Structural transformation and export diversification reinforce each other. Structural transformation of the economy and diversification of exports are key development priorities for Cameroon. They intend to achieve this objective through import substitution policy. However, empirical literature points out those horizontal policies, such as investments in human capital and infrastructure and governance improvement, are not only the most effective to foster structural transformation and export diversification, but also a necessary condition for the success of any industrial policy. Despite a longstanding objective of the country to industrialize, its manufacturing has been persistently sluggish, and its exports were concentrated in minerals, fuel, and raw commodities in less diversified destinations outside Africa. Therefore, it is advisable that the authorities concentrate efforts on those areas as a priority because the country’s related performance has substantial deficits.
Keywords:
export concentration; export destination; export structure; Policy recommendation; mitigation financing; Climate change; Exports; Export diversification; Structural transformation; Global; Sub-Saharan Africa
Cover IMF Staff Country Reports
Cameroun: Questions Generales
International Monetary Fund. African Dept.
Questions Generales
Keywords:
export concentration; export destination; export structure; Policy recommendation; mitigation financing; Climate change; Exports; Export diversification; Structural transformation; Global; Sub-Saharan Africa
Cover IMF Working Papers
Cross-Border Risks of a Global Economy in Mid-Transition
Etienne Espagne, William Oman, Jean-François Mercure, Romain Svartzman, Ulrich Volz, Hector Pollitt, Gregor Semieniuk, and Emanuele Campiglio
This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels. Our qualitative and quantitative scenario analysis suggests that the mid-transition – a period during which fossil-fuel and low-carbon energy systems co-exist and transform at a rapid pace – could have profound stability and resilience implications for global trade and the international financial system.
Keywords:
Climate change; transition risks; cross-border risks; trade; international money and finance.; asset purchase; energy export; baseline export; baseline GDP; cost of capital; Non-renewable resources; Climate policy; Exports; Global