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The impacts of the Covid‐19 pandemic on employment in Cameroon: A general equilibrium analysis
Author(s) -
Madai Boukar Ali,
Mbock Olivier,
Kilolo JeanMarc Malambwe
Publication year - 2021
Publication title -
african development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.654
H-Index - 32
eISSN - 1467-8268
pISSN - 1017-6772
DOI - 10.1111/1467-8268.12512
Subject(s) - computable general equilibrium , economics , pandemic , work (physics) , government (linguistics) , covid-19 , economic impact analysis , general equilibrium theory , economic sector , development economics , labour economics , macroeconomics , economy , microeconomics , engineering , medicine , disease , pathology , infectious disease (medical specialty) , mechanical engineering , linguistics , philosophy
This paper presents a computable general equilibrium (CGE) model that assesses the impacts of the Covid‐19 pandemic on different economic sectors in Cameroon. A special feature of the CGE model used in this study is that it accounts for the importance of the informal sector in Cameroon. Indeed, more than 80% of the employed work in the informal sector, which is characterized by the precariousness and instability of income and employment over time and space. Simulation results suggest that economic sectors such as construction, education, hotels and restaurants and commerce should receive special attention, as they have experienced the most severe employments losses. This calls for a differentiated support from the government to protect employment in these industries.