Agricultural Growth in Cameroon: What Effects of Official Development Assistance Financing?

Abstract

The purpose of this article is to evaluate the effects of Official Development Assistance (ODA) in agriculture on all sectors of the Cameroonian economy. More specifically, it aims to assess the effects of this funding on agricultural value added, industrial value added, food consumption, the well-being of the population and economic growth.  To achieve this, we used the Computable General Equilibrium model developed with the support of AGRODEP, PEP and IFPRI. We have come to the following conclusions: any increase in ODA stocks directed towards the agricultural sector generates growth in agricultural production, an improvement in government revenue, and, by extension, contributes to economic growth.  To achieve this, strong actions to improve the business climate must be taken by the authorities to attract external capital to finance this sector.