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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Evolution of poverty in rural Cameroon in the era of globalization
Authors:Baye, Francis MenjoISNI
Sikod, FondoISNI
Fambon, Samuel
Periodical:The Nigerian Journal of Economic and Social Studies
Geographic term:Cameroon
Subjects:global economy
Abstract:This paper examines the evolution of poverty profiles in Cameroon in the era of globalization. Data on poverty are from two household surveys, viz. the 1983/1984 Budgetary and Consumption Survey, and the 1996 Households Consumption Survey, collected by the government's statistical office. The results indicate that poverty has become more widespread in 1996 as compared with 1984, and that the severity, depth and prevalence of poverty is greater in the rural areas than in the urban areas. This implies that poverty reduction and sustainable growth cannot be achieved without sufficiently empowering the rural population, especially via policies that protect their access to primary assets. The changes in the poverty profiles were attributed to six factors, notably: fluctuations in the monetary and exchange rate; the public debt crisis; political pluralism and rent-seeking; openness of the economy; structural adjustment measures, and NGO activities. Policy recommendations are presented in conclusion. Bibliogr., notes, ref., sum. [Journal abstract]