Author: Menachem Katz
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 81
Book Description
Equatorial Guinea
Author: Menachem Katz
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 81
Book Description
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 81
Book Description
Equatorial Guinea, Recent Economic Developments
Author: Idrissa Thiam
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 92
Book Description
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 92
Book Description
Equatorial Guinea
Author: International Monetary Fund Staff
Publisher:
ISBN: 9780119858990
Category :
Languages : en
Pages : 83
Book Description
Dated October 1999.
Publisher:
ISBN: 9780119858990
Category :
Languages : en
Pages : 83
Book Description
Dated October 1999.
Guinea
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451815913
Category : Business & Economics
Languages : en
Pages : 84
Book Description
This paper reviews economic developments in Guinea during 1990–98. Economic developments were dominated by the coming on stream of important oil fields in 1992 and 1996, and the subsequent breakdown in fiscal discipline and transparency. In response to the January 1994 devaluation of the CFA franc, there was also an upturn in the non-oil sector, led by intensification in logging activity that resulted in an unsustainable level of timber output in 1997. Real GDP growth averaged 8.5 percent a year in 1992–95, and rose to 29 percent in 1996.
Publisher: International Monetary Fund
ISBN: 1451815913
Category : Business & Economics
Languages : en
Pages : 84
Book Description
This paper reviews economic developments in Guinea during 1990–98. Economic developments were dominated by the coming on stream of important oil fields in 1992 and 1996, and the subsequent breakdown in fiscal discipline and transparency. In response to the January 1994 devaluation of the CFA franc, there was also an upturn in the non-oil sector, led by intensification in logging activity that resulted in an unsustainable level of timber output in 1997. Real GDP growth averaged 8.5 percent a year in 1992–95, and rose to 29 percent in 1996.
Equatorial Guinea
Author: Fonds monétaire international
Publisher:
ISBN:
Category :
Languages : en
Pages : 81
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 81
Book Description
Equatorial Guinea, Recent Economic Developments
Author:
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 90
Book Description
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 90
Book Description
Equatorial Guinea
Author: Menachem Katz
Publisher:
ISBN:
Category :
Languages : en
Pages : 81
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 81
Book Description
Equatorial Guinea
Author:
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 8
Book Description
Publisher:
ISBN:
Category : Equatorial Guinea
Languages : en
Pages : 8
Book Description
mineral-rich countries and dutch disease: understanding the macroeconomic implications of windfalls and the development prospects the case of equatorial guinea
Author: Achille Toto Same
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 37
Book Description
Abstract: Referring to the original context of Dutch Disease, the term refers to the fears of de-industrialization that gripped the Netherlands as a result of the appreciation of the Dutch currency that followed the discovery of natural gas deposits. Expansion of petroleum exports in the 1960s not only crowded out other exports, it actually reduced other exports disproportionately and fueled the fears of dire consequences for Dutch manufacturing. In the case of Equatorial Guinea, the secondary sector represents about 2 percent of the gross domestic product, manufacturing represents less than 1 percent, and oil represents more than 95 percent. The negative impact of the Dutch Disease in this context would be limited given the structure of the economy and on the contrary may even be a good thing because it fuels the structural transformational process of the economy, which is needed in Equatorial Guinea. This paper argues that the ongoing Dutch Disease is a natural and necessary reallocation of resources in the economy of Equatorial Guinea. The magnitude of negative macroeconomic consequences of the Dutch Disease depends on the country's economic structure and stage of development. In a country where the manufacturing sector barely exists or where the non-oil primary sector is structurally deficient, as has been the case of Equatorial Guinea, there is little to fear about the disease. The oil boom is a blessing, given that oil revenues when properly managed can play a special and critical role in overall economic development and poverty reduction in low-income countries. To promote good governance in the management of the country's oil wealth, the government may wish to adhere to clear standards of accountability and transparency; especially by complying with the Extractive Industries Transparency Initiative (EITI++).
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 37
Book Description
Abstract: Referring to the original context of Dutch Disease, the term refers to the fears of de-industrialization that gripped the Netherlands as a result of the appreciation of the Dutch currency that followed the discovery of natural gas deposits. Expansion of petroleum exports in the 1960s not only crowded out other exports, it actually reduced other exports disproportionately and fueled the fears of dire consequences for Dutch manufacturing. In the case of Equatorial Guinea, the secondary sector represents about 2 percent of the gross domestic product, manufacturing represents less than 1 percent, and oil represents more than 95 percent. The negative impact of the Dutch Disease in this context would be limited given the structure of the economy and on the contrary may even be a good thing because it fuels the structural transformational process of the economy, which is needed in Equatorial Guinea. This paper argues that the ongoing Dutch Disease is a natural and necessary reallocation of resources in the economy of Equatorial Guinea. The magnitude of negative macroeconomic consequences of the Dutch Disease depends on the country's economic structure and stage of development. In a country where the manufacturing sector barely exists or where the non-oil primary sector is structurally deficient, as has been the case of Equatorial Guinea, there is little to fear about the disease. The oil boom is a blessing, given that oil revenues when properly managed can play a special and critical role in overall economic development and poverty reduction in low-income countries. To promote good governance in the management of the country's oil wealth, the government may wish to adhere to clear standards of accountability and transparency; especially by complying with the Extractive Industries Transparency Initiative (EITI++).
Economic Development in Africa
Author: Godfrey Mwakikagile
Publisher: Nova Biomedical Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 292
Book Description
"This new book provides analyses of capitalism versus socialism as well as case studies illuminating the latest economic developments in the shift taking place in Africa."--BOOK JACKET.
Publisher: Nova Biomedical Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 292
Book Description
"This new book provides analyses of capitalism versus socialism as well as case studies illuminating the latest economic developments in the shift taking place in Africa."--BOOK JACKET.