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Cameroon’s Economic Assets and Production

Domaine:

socioeconomic

Type de record:

paper
Créateur:
Ful
Éditeur:
Oxford university Press
Hôte:
Abstract This chapter documents and analyzes the mismatch between Cameroon’s perceived “wealth” and economic production. It shows that although not as wealthy as some analysts perceive, Cameroon's natural resource is underused as it is not transformed at its full potential to economic production (GDP). The inadequate level of produced capital relative to the country’s total wealth mainly explains this shortcoming. The country should focus on increasing public and private investments in infrastructure while ensuring greater efficiency and building its human capital to fix the mismatch.

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