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Appendix: Introduction to the CEMAC Institutions

Appendix: Introduction to the CEMAC Institutions »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

The Central African Economic and Monetary Community (CEMAC) comprises six countries in Central Africa that have been engaging in various forms of economic and monetary cooperation with each other for more th...

Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth

Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth »

Source: Boom, Bust, or Prosperity? Managing Sub-Saharan Africa's Natural Resource Wealth

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 August 2013

ISBN: 9781484369326

Keywords: Natural resources, Fiscal policy, Fiscal sustainability, Public investment, Tax revenues, Transparency, Tax administration, Sub-Saharan Africa, natural resource, extractive industries

Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African...

Back Matter

Back Matter »

Source: Boom, Bust, or Prosperity? Managing Sub-Saharan Africa's Natural Resource Wealth

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 August 2013

ISBN: 9781484369326

Keywords: Natural resources, Fiscal policy, Fiscal sustainability, Public investment, Tax revenues, Transparency, Tax administration, Sub-Saharan Africa, natural resource, extractive industries

Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African...

Chapter 9. Cameroon’s Oil Wealth: Transparency Matters

Chapter 9. Cameroon’s Oil Wealth: Transparency Matters »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Ample evidence indicates that natural resource revenue is more likely to lead to rent-seeking and corruption in countries that have not developed sufficient quality of governance before the natural resource...

Chapter 4. CEMAC’s Infrastructure Gap: Issues and Policy Options

Chapter 4. CEMAC’s Infrastructure Gap: Issues and Policy Options »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

The member countries of the Central African Economic and Monetary Community (CEMAC) are extremely heterogeneous, with varying income levels, natural resource endowments, geography, and topography. The CEMAC...

Chapter 10. Chad: Lessons from the Oil Years

Chapter 10. Chad: Lessons from the Oil Years »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Chad’s oil was developed in the uniquely difficult conditions of a landlocked nation with extremely low levels of human and physical capital, and in the virtual absence of basic infrastructure—which had to b...

Chapter 11. Congo’s Experience Managing Oil Wealth

Chapter 11. Congo’s Experience Managing Oil Wealth »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

The history of the Republic of Congo (Congo) is strongly linked to the production of oil, which began just before independence from France in 1960. From the time the first onshore field started pumping in 19...

Chapter 3. Determinants of Non-Oil Growth in the CFA Zone Oil-Producing Countries: How Do They Differ?

Chapter 3. Determinants of Non-Oil Growth in the CFA Zone Oil-Producing Countries: How Do They Differ? »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Non-oil growth in the Coopération Financière en Afrique Centrale (CFA) zone oil-exporting countries has been lackluster despite the great natural resource wealth with which these countries are endowed. This...

Chapter 4. Fiscal Frameworks

Chapter 4. Fiscal Frameworks »

Source: Boom, Bust, or Prosperity? Managing Sub-Saharan Africa's Natural Resource Wealth

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 August 2013

ISBN: 9781484369326

Keywords: Natural resources, Fiscal policy, Fiscal sustainability, Public investment, Tax revenues, Transparency, Tax administration, Sub-Saharan Africa, natural resource, extractive industries

Fiscal policy takes center stage in making the most of large endowments of natural resources. The prospects for substantial proceeds from the exploitation of natural resources provide opportunities to promot...

Chapter 12. Gabon’s Experience Managing Oil Wealth

Chapter 12. Gabon’s Experience Managing Oil Wealth »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Gabon is well endowed with natural resources, including timber, manganese, natural gas, and crude oil. Forests cover 85 percent of the country’s landmass, making it the second largest forest area in Africa,...