Cameroon (officially regarded as the Republic of Cameroon) is a
country with vast natural resources and a population of 22.8
million people. It is also culturally and geographically very
diverse. Due to its geographical and cultural diversity, Cameroon
is often referred to as Africa in miniature. This country is
currently considered as a lower middle-income country by the World
Bank through social indicators and levels of poverty, which are
below those for comparing countries. However, the Government of
Cameroon aims to achieve a state of higher middle-income by 2035.
There exists a huge potential for economic growth and poverty
reduction in Cameroon. Indeed, over the last decade, the country
has been characterized by a positive economic growth, spurred by
large public investments in infrastructure. However, to attain the
higher middle-income status by 2035, growth needs to accelerate
further. As the public sector alone cannot bring this about, much
more private investments are necessary. Doing so also requires
improvements in the business environment. However, despite more
than a decade of economic growth, national poverty has remained
almost unchanged. While Cameroon is urbanizing rapidly, poverty
remains a rural phenomenon and is increasingly concentrated in
northern Cameroon. The aim of the book is to provide an overview of
the main issues, challenges, and prospects faced by Cameroon. The
book is composed of conceptual and empirical studies of Cameroonian
scholars gathered together in order to provide descriptions and
explanations of the main issues as well as policy recommendations
to support decisions-makers. These considerations are those of
Cameroonians for Cameroon. The book is organized into two volumes.
The first one, entitled Governance and Businesses, is devoted to
issues relating to public governance, investment climate,
insecurity, globalization, business development, and activities
that are sources of employment in Cameroon. The second volume,
entitled Environment and People, deals with issues concerning the
management of cross cutting economic services, the conservation of
forests, the sustainable development of agricultural activities,
the role of women, the immobility of workers, problems of
development and poverty alleviation, millennium development goals,
the performance of microfinance institutions, multilingualism, and
education in Cameroon.
General
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