Author: Mr.Bernardin Akitoby
Publisher: International Monetary Fund
ISBN: 1616353767
Category : Business & Economics
Languages : en
Pages : 249
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Book Description
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. Drawing on new research, Oil Wealth in Central Africa lays out the macroeconomic and growth challenges facing the region; examines oil wealth management and its implications for poverty reduction; and includes four case studies that exemplify lessons learned.
Author: Mr.Bernardin Akitoby
Publisher: International Monetary Fund
ISBN: 1475549121
Category : Business & Economics
Languages : en
Pages : 249
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Book Description
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. Drawing on new research, Oil Wealth in Central Africa lays out the macroeconomic and growth challenges facing the region; examines oil wealth management and its implications for poverty reduction; and includes four case studies that exemplify lessons learned.
Author: Ian Gary
Publisher: Catholic Relief Services
ISBN: 1614920311
Category : Business & Economics
Languages : en
Pages : 110
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Book Description
The new African oil boomcentered on the oil-rich Atlantic waters of the Gulf of Guinea, from Nigeria to Angolais a moment of great opportunity and great peril for countries beset by wide-scale poverty.
Author: David C. Underwood
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 70
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 145
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Book Description
This thesis analyzes the commercial development of West Africa's petroleum resources and examines the implications of sudden 'oil wealth' for the region's political and economic development. Section one outlines the evolution of the petroleum industry and surveys the hydrocarbon potential of twenty nations along the coast from Senegal to Angola, and inland from Mali to the Central African Republic. An evaluation of the physical and political constraints on the development of the region's petroleum resources and an aggregate analysis of the area's potential for new oil reserves and production capacity are also presented. Finally, by drawing from the experiences of established oil producers line Nigeria, the economic and political implications of the widespread development of petroleum resources in West Africa are projected at the domestic and regional levels. Specifically, will newfound oil wealth help resolve existing problems, or will it magnify them? The study concludes that for most of these countries, oil wealth will be a mixed blessing. (Author).
Author: Olomola Philip Akanni
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 48
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Book Description
Author: Chrysantus Ayangafac
Publisher:
ISBN:
Category : Africa, Central
Languages : en
Pages : 216
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Book Description
An interesting phenomenon in the global political economy is that regional mechanisms have come to be considered the best policy response to globalisation and weak state capacity. As such, Regional Economic Communities (RECs) have been heralded as the building blocks of the African Peace and Security Architecture. However, while other regions of the continent have made laudable progress towards economic and political integration, Central Africa is facing a human security crisis and regional integration seems an unattainable chimera rather than a reality. Ironically, the region is well endowed with natural resources.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498315682
Category : Business & Economics
Languages : en
Pages : 68
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Book Description
Regional growth weakened in 2013 due to a fall in oil production in most countries. GDP growth is expected to pick-up in 2014 due to the recovery of oil production and the continuation of the implementation of public investment plans in most of CEMAC countries. Despite large spending of oil wealth during the last years, poverty, income inequality and unemployment remain high. The business climate is one of the most challenging in Africa. The region’s most pressing challenge is to implement structural reforms to promote sustainable and inclusive growth while adopting macro policies to preserve financial stability, ensure an efficient use of oil revenues and increase resilience to shocks.
Author: The African Development Bank
Publisher: OUP Oxford
ISBN: 0199565783
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
The book, a joint work of the African Development Bank and the African Union, presents a comprehensive analysis of the oil and gas resources in Africa. It uniquely highlights, through country examples, and with an African focus but a global perspective, the specific challenges and constraints facing the continent as a whole in the exploitation and utilization of its oil and gas resources. It partly draws on a model that simulates the impact of high oil prices on African economies, amodel that was developed by the Research Department of the Bank in a separate study. The roles of AfDB and AU are analyzed, considering their differing, but complementary, mandates geared towards the development of the continent. Finally, the book includes recommendations on the future directionsand actions for maximizing benefits of Africa's oil and gas resources.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484392841
Category : Business & Economics
Languages : en
Pages : 60
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Book Description
This Selected Issues paper looks at some Central African Economic and Monetary Community (CEMAC) specific regional dimensions of a possible strategy to enhance governance, which would support specific reforms in this area at the country level. The paper describes the specific dimensions of governance covered in the note. The paper also analyzes governance and corruption in the areas of public financial management, anti-money laundering, and the link between the oil sector and public resources. The CEMAC regional institutions will have to play a central role to lead progress in these areas, and support member countries’ own efforts. Due to such actions result in giving a coherent framework to actions conducted at the country level, the synergic dimension can spur a virtuous circle, key to earn the benefit of an economic and monetary union. The success of the regional strategy that CEMAC member countries and regional institutions are implementing to exit the severe crisis they are facing depends critically on creating the conditions for laying the ground for a diversified economy, within a well-functioning regional market and an environment that provides opportunities for all and where public resources are geared to most productive use.
