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Crisis atlas / CAF / 1976–2016

Central African Republic, 1976–2016

One crisis episode: distinct crisis years merged across gaps of up to two non-crisis years. Types, source agreement, and macro context are drawn from the union of five primary chronologies.

BankingSovereign debtCurrency

Crisis years in this episode

Every distinct (year, type) event inside the 1976–2016 window, with the chronologies flagging it and the count of agreeing sources. Start-year sources (GMD, JST) mark only the first year, so agreement falls in the continuation years.

  1. 1976
    Bankinggmd, laeven_valencia, rr3 sources
  2. 1977
    Bankingrr1 source
  3. 1978
    Bankingrr1 source
  4. 1979
    Bankingrr1 source
  5. 1980
    Bankingrr1 source
  6. 1981
    Bankingrr1 source
    Sovereign debtrr1 source
  7. 1982
    Bankingrr1 source
  8. 1983
    Sovereign debtrr1 source
  9. 1984
    Sovereign debtrr1 source
  10. 1985
    Sovereign debtrr1 source
  11. 1986
    Sovereign debtrr1 source
  12. 1987
    Sovereign debtrr1 source
  13. 1988
    Bankingrr1 source
    Sovereign debtrr1 source
  14. 1989
    Bankingrr1 source
    Sovereign debtrr1 source
  15. 1990
    Bankingrr1 source
    Sovereign debtrr1 source
  16. 1991
    Bankingrr1 source
    Sovereign debtrr1 source
  17. 1992
    Bankingrr1 source
    Sovereign debtrr1 source
  18. 1993
    Bankingrr1 source
    Sovereign debtrr1 source
  19. 1994
    Bankingrr1 source
    Currencygmd, laeven_valencia, rr3 sources
    Sovereign debtrr1 source
  20. 1995
    Bankinggmd, laeven_valencia, rr3 sources
    Sovereign debtrr1 source
  21. 1996
    Bankinglaeven_valencia, rr2 sources
    Sovereign debtrr1 source
  22. 1997
    Bankingrr1 source
    Sovereign debtrr1 source
  23. 1998
    Bankingrr1 source
    Sovereign debtrr1 source
  24. 1999
    Bankingrr1 source
    Sovereign debtrr1 source
  25. 2000
    Sovereign debtrr1 source
  26. 2001
    Sovereign debtrr1 source
  27. 2002
    Sovereign debtrr1 source
  28. 2003
    Sovereign debtrr1 source
  29. 2004
    Sovereign debtrr1 source
  30. 2005
    Sovereign debtrr1 source
  31. 2006
    Sovereign debtrr1 source
  32. 2007
    Sovereign debtrr1 source
  33. 2008
    Sovereign debtrr1 source
  34. 2009
    Sovereign debtrr1 source
  35. 2010
    Sovereign debtrr1 source
  36. 2011
    Sovereign debtrr1 source
  37. 2012
    Sovereign debtrr1 source
  38. 2013
    Sovereign debtrr1 source
  39. 2014
    Sovereign debtrr1 source
  40. 2015
    Sovereign debtrr1 source
  41. 2016
    Sovereign debtrr1 source

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020, 2026) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology

Laeven-Valencia banking-crisis detail

Episode-level fiscal cost and output loss from the systemic banking crises database. Fiscal cost is the gross outlay of banking-sector rescues; output loss is the cumulative deviation of real GDP from its pre-crisis trend, both as a percent of GDP.

Banking episode 1976
Not reported
Fiscal cost, % of GDP
0.0%
Output loss, % of GDP
1976
Episode end year
Banking episode 1995–1996
Not reported
Fiscal cost, % of GDP
9.0%
Output loss, % of GDP
1996
Episode end year

Source: Laeven & Valencia (2026), IMF WP/26/94, Systemic Banking Crises Database 1970-2025 Methodology

Macro context, 19692023

Seven years either side of the episode. Each panel has its own scale; the crisis window is shaded. Only indicators with data for Central African Republic in this window are shown. Bank credit growth (year over year in total loans) is available for the 18 Jordà-Schularick-Taylor advanced economies.

Inflation (% y/y)
-2002040196919762023
Real GDP growth (% y/y)
-40-20020196919762023
Policy rate (%)
051015196919762023
Govt debt (% of GDP)
050100150196919762023
Current account (% of GDP)
-15-10-50196919762023

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 (credit) Real GDP growth is derived as the year-over-year change in real GDP; current account and government debt are percent of GDP; policy rate is the central-bank rate; bank credit growth is the year-over-year change in JST total loans. Methodology

How each source dates this episode

The chronologies disagree on start years and durations. This table is generated from the event rows, not curated: it lists, per crisis type, which source flags which years inside the window.

Banking
  • Global Macro Database1976, 1995
  • Laeven-Valencia1976, 1995, 1996
  • Reinhart-Rogoff1976, 1977, 1978, 1979, 1980, 1981, 1982, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999
Sovereign debt
  • Reinhart-Rogoff1981, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016
Currency
  • Global Macro Database1994
  • Laeven-Valencia1994
  • Reinhart-Rogoff1994

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020, 2026) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology

Documented policy responses

3 interventions from the Metrick-Schmelzing banking-crisis database whose recorded year falls inside this episode window (1976–2016). Each row is one documented government or central-bank action, tagged with the database’s own intervention categories and short code, under the crisis code it assigns. Matching is exact: same country, intervention year inside the window. The database’s global-crisis rows (no country) are never matched here.

CAF-1976Central African Republic
  1. 1976-1982No interventionNO/I
CAF-1988Central African Republic
  1. 1988-1999RestructuringRES
CAF-1995Central African Republic
  1. 1995No interventionNO/I

Source: Metrick-Schmelzing Banking-Crisis Interventions Database (Yale Program on Financial Stability) Cite as: Metrick, Andrew, and Paul Schmelzing, "Banking-Crisis Interventions Across Time and Space," working paper, 2024 (dataset consulted 2026-07-10). License: Creative Commons attribution. Methodology

Policy-response case studies (external)

For qualitative accounts of how authorities intervened in systemic crises, see the Yale Program on Financial Stability New Bagehot Project, a library of financial-crisis intervention case studies. It is a separate qualitative resource; no specific case is asserted to match this episode.