George Cheo Fuh

eBook, PDF

The Effect of Monetary Policy on Household Consumption in Cameroon (eBook, PDF)

Beschreibung

Research Paper (postgraduate) from the year 2014 in the subject Economics - Macro-economics, general, grade: 3.8/5, , course: MANAGEMENT, language: English, abstract: The study investigates the effect of monetary policy on household consumption in Cameroon between 1980 and 2010. The objective of the study is to find out the relationship between monetary policy on household consumption in Cameroon and to recommend policies to improve on household consumption in Cameroon. The study uses secondary time series annual data from World Bank Group Development indicators for Cameroon. The work uses economic model showing household final consumption expenditure as a function of monetary and quasi money growth, real interest rate, total reserve and Gross National Income per capita. Given the trends of the variables estimated results indicate that Total reserve as a ratio of GNP and GNI per capita positively and significantly affect household consumption. Monetary and quasi monetary growth has a negative impact on household consumption. Policy makers therefore need to encourage Total reserve and GNI per capita. It is therefore strongly recommended that instrument of monetary policy should be used in the economy as means of influencing household consumption.

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Autor

He was born in 1963 in Kumba, South West Region of Cameroon. Attended primary and secondary school in Catholic School Fence and St Francis Secondary School Kumba respectively from 1970 to 1983. Proceeded to CCAST Bambilifor High school studies. In 1985 was admitted to the School of Agronomy where He graduated in 1990 as an Agronomist. Presently holds an MBA in project management, design, and implementation from the Catholic University of Cameroon Bamenda under the academic tutelage of the University of Douala -Cameroon and a Master of Science (MSc.) Degree in Sustainable Development with specialization in Peace, Conflict, and International Relations from Pan African Institute for Development West Africa, Certified Expect in Agricultural Finance from Frankfurt School of Finance and Management - Germany. He has worked in several local governments and internationally sponsored projects by the World Bank, the African Development Bank, and the Netherlands government. He is an independent consultant to Many projects and organizations and is present with the United Nations Development Program after 2 years of work with UN Women in Cameroon.

Produktdetails

• Verlag: GRIN Verlag
• Seitenzahl: 8
• Erscheinungstermin: 4. Juli 2016
• Englisch
• ISBN-13: 9783668251427
• Artikelnr.: 45353961