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Administering Fiscal Regimes for Extractive Industries
			: A Handbook

Administering Fiscal Regimes for Extractive Industries : A Handbook »

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

DOI: http://dx.doi.org/10.5089/9781475575170.071

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

This handbook is one of the first of its kind to focus attention on effectively administering revenues from extractive industries. It provides policymakers and officials in developing and emerging market economies...

Back Matter

Back Matter »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

This handbook is one of the first of its kind to focus attention on effectively administering revenues from extractive industries. It provides policymakers and officials in developing and emerging market economies...

Front Matter

Front Matter »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

This handbook is one of the first of its kind to focus attention on effectively administering revenues from extractive industries. It provides policymakers and officials in developing and emerging market economies...

Appendix 2. Illustrative Harmonized Administrative Framework for Natural Resource Taxation

Appendix 2. Illustrative Harmonized Administrative Framework for Natural Resource Taxation »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

To bring together some of the themes discussed in Chapter 4, this appendix sets out an illustration of rules that would streamline and harmonize natural resource tax administration...

Appendix 4. Sample Annual Report on Natural Resource Revenues

Appendix 4. Sample Annual Report on Natural Resource Revenues »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

(1) Review of the natural resource sector. Broad description of main developments in national natural resource sector in year X. (2) Statement of responsibil...

Appendix 1. Special Natural Resource Tax Provisions

Appendix 1. Special Natural Resource Tax Provisions »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

Natural Resource Valuation and Transfer Pricing The valuation of natural resource sales and gross revenues for the purpose of ad valorem royalties and profit-based taxes such as corp...

Appendix 3. The Role of Economic Modeling

Appendix 3. The Role of Economic Modeling »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

Contract-based economic models are an important tool for natural resource tax policy, forecasting, and administration. An economic model is essentially a spreadsheet incorporating r...

Chapter 6. Administrative Capacity

Chapter 6. Administrative Capacity »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

Revenue administration clearly presents challenges to capacity. Natural resources are often found in developing economies, many of which struggle with routine clerical functions, let alone the difficult tech...

Chapter 5. Governance and Transparency

Chapter 5. Governance and Transparency »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

This chapter discusses governance and transparency of natural resource revenue administration, which must be considered in a broad context. Maximizing economic and social benefits from natural resource explo...

Chapter 3. Organization and Cooperation

Chapter 3. Organization and Cooperation »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

Natural resource revenue administration takes place within a wider government policy and regulatory framework. This covers not just fiscal policy and regulation, but also natural resources management and ind...

Chapter 2. Policy and Legal Framework

Chapter 2. Policy and Legal Framework »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

The first step in assessing natural resource revenue tax administration in any country must be a review of its legal and policy framework: the rules that determine the tax payable by natural resource busines...

Chapter 4. Procedures

Chapter 4. Procedures »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

The design and implementation of procedures for natural resource revenue administration should agree with best practices in general tax administration, whose main elements can be summarized as:...

Chapter 1. What’s Special about Natural Resource Revenue Administration?

Chapter 1. What’s Special about Natural Resource Revenue Administration? »

Source: Administering Fiscal Regimes for Extractive Industries : A Handbook

Series: Books

Author(s): Jack Calder

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 July 2014

ISBN: 9781475575170

Keywords: natural resource, natural resources, natural resource taxes, natural resource taxation, tax authority

The administration of government revenues from extraction of nonrenewable natural resources 1 differs in various ways from regular tax administration and presents special difficu...

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 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 1. Introduction

Chapter 1. Introduction »

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

Sizable natural resource endowments and the potentially large economic proceeds from their extraction in a number of sub-Saharan African (SSA) countries provide an unparalleled oppo...

Chapter 2. Is There a Resource Curse in Sub-Saharan Africa?

Chapter 2. Is There a Resource Curse in Sub-Saharan Africa? »

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

With both a long history of natural resource extraction in sub-Saharan Africa (SSA) and—until recently—relatively poor economic performance, it is fair to ask if the region has suff...

Chapter 3. Macroeconomic Policy Challenges

Chapter 3. Macroeconomic Policy Challenges »

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

A key economic policy challenge for resource-rich economies is to create a business climate conducive to the transformation of natural resource wealth into real, financial, and other assets, supporting susta...

Chapter 5. Making Public Investment More Efficient

Chapter 5. Making Public Investment More Efficient »

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

Natural resource revenue has augmented fiscal space in many sub-Saharan Africa (SSA) countries, creating the potential for public investment to be the engine of long-term growth, diversification, and poverty...

Chapter 6. Raising More Resource Revenue Efficiently and Fairly

Chapter 6. Raising More Resource Revenue Efficiently and Fairly »

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

For a given natural resource endowment, the most effective way for the government to raise the contribution to the budget is through a well-designed fiscal regime and its strict application. Previous chapter...

Chapter 7. Safeguarding the Public Interest

Chapter 7. Safeguarding the Public Interest »

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

Good governance is critical to ensuring that the state gets a fair financial return from the exploitation of its natural resources and that resource revenue is effectively and fairly used. Although the effec...

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

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

Volume: 13

Series: Departmental Papers / Policy Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 August 2013

DOI: http://dx.doi.org/10.5089/9781475507379.087

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...

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...

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 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,...

Chapter 6. Government Failure and Poverty Reduction in the CEMAC

Chapter 6. Government Failure and Poverty Reduction in the CEMAC »

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 countries composing the Economic and Monetary Community of Central Africa (CEMAC) have some of the lowest social indicators in the world (Table 6.1). Although the Republic of Congo (hereafter “Congo”), E...

Chapter 2. Improving Surveillance Across the CEMAC Region

Chapter 2. Improving Surveillance Across the CEMAC Region »

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

This chapter considers the design of the fiscal criteria for surveillance in the Central African Economic and Monetary Community (CEMAC) with a view to ensuring they are consistent with internal and external...

Chapter 5. Managing Oil Windfalls in the CEMAC

Chapter 5. Managing Oil Windfalls in the CEMAC »

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

Natural resource rents worldwide exceed $4 trillion annually, amounting to some 7 percent of global GDP. Nonrenewable resource revenue is a dominant feature of 50 economies with a combined population of 1.4...

Chapter 7. Natural Resource Endowments, Governance, and Domestic Revenue Mobilization: Lessons for the CEMAC Region

Chapter 7. Natural Resource Endowments, Governance, and Domestic Revenue Mobilization: Lessons for the CEMAC Region »

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

Financial flows to sub-Saharan Africa, spanning from aid and debt relief to remittances and foreign direct investment, have increased sharply since 1980, supporting higher public spending, including much-nee...

Chapter 1. The CEMAC’s Macroeconomic Challenges

Chapter 1. The CEMAC’s Macroeconomic Challenges »

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) has earned significant revenue from oil production in past decades, but faces substantial economic growth and development challenges (Figure 1.1)....

Chapter 8. The Cyclicality of Fiscal Policies in the CEMAC Region

Chapter 8. The Cyclicality of Fiscal Policies in the CEMAC Region »

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

To promote and sustain the Coopération Financière en Afrique Centrale (CFA) franc–pegged exchange rate regime and enhance regional economic integration, Central African Economic and Monetary Community (CEMAC...

Oil Wealth in Central Africa
			: Policies for Inclusive Growth

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

DOI: http://dx.doi.org/10.5089/9781616353766.071

ISBN: 9781616353766

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

Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Draw...

Back Matter

Back Matter »

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

Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Draw...

Front Matter

Front Matter »

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

Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Draw...

Part I: Macroeconomic and Growth Challenges

Part I: Macroeconomic and Growth Challenges »

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

...

Part II: Management of Oil Wealth and Poverty Reduction

Part II: Management of Oil Wealth and Poverty Reduction »

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

...

Part III: Case Studies on Oil Wealth Management

Part III: Case Studies on Oil Wealth Management »

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

...