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Inter-sectoral Linkages and Local Content in Extractive Industries and Beyond – The Case of São Tomé and Príncipe
Author: Mr. Alonso A Segura Vasi, Walter Zarate, Mr. Gonzalo C Pastor Campos, and Mr. Ulrich H Klueh
Series:
IMF Working Papers
Volume/Issue:
Volume 2007: Issue 213
Language:
English
Publication Date:
01 Sep 2007
DOI:
https://doi.org/10.5089/9781451867770.001
ISBN:
9781451867770
ISSN:
1018-5941
Pages:
49
Keywords:
WP; oil industry; final demand; primary sector; total output
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper attempts to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of São Tomé and Príncipe as point of reference. Our approach emphasizes inter-sectoral linkages and institutional pre-conditions for local content promotion. Based on an Input-Output description of the economy, we quantify the consistency between the prospective oil sector development and the growth of other sectors of the economy. We also assess a number of sectoral policies and "niche" activities within the oil industry that would maximize the local benefits from oil exploration.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund