| |
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910788410503321 |
|
|
Autore |
Ghura Dhaneshwar |
|
|
Titolo |
Oil and Growth in the Republic of Congo / / Dhaneshwar Ghura, Rina Bhattacharya |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Washington, D.C. : , : International Monetary Fund, , 2006 |
|
|
|
|
|
|
|
ISBN |
|
1-4623-9419-1 |
1-4527-9756-0 |
1-283-51331-5 |
9786613825766 |
1-4519-8922-9 |
|
|
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (41 p.) |
|
|
|
|
|
|
Collana |
|
|
|
|
|
|
Altri autori (Persone) |
|
|
|
|
|
|
Soggetti |
|
Petroleum - Congo (Democratic Republic) |
Oil industries - Congo (Democratic Republic) |
Investments: Energy |
Foreign Exchange |
Macroeconomics |
Industries: Energy |
Natural Resources |
Nonrenewable Resources and Conservation: General |
Energy: General |
Energy: Demand and Supply |
Prices |
Agricultural and Natural Resource Economics |
Environmental and Ecological Economics: General |
Currency |
Foreign exchange |
Petroleum, oil & gas industries |
Investment & securities |
Environmental management |
Real effective exchange rates |
Oil sector |
Oil |
Oil prices |
Natural resources |
Petroleum industry and trade |
Congo, Democratic Republic of the |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references. |
|
|
|
|
|
|
Nota di contenuto |
|
""Contents""; ""I. INTRODUCTION""; ""II. POLITICAL AND SECURITY SITUATION ""; ""III. ECONOMIC PERFORMANCE SINCE 1970""; ""IV. THE ROLE OF OIL IN CONGO""; ""V. NATURAL RESOURCES AND GROWTH""; ""VI. EMPIRICAL ANALYSIS OF THE DETERMINANTS OF ECONOMIC GROWTH""; ""VII. REAL EFFECTIVE EXCHANGE RATE DETERMINANTS""; ""VIII. CONCLUSIONS AND POLICY IMPLICATIONS""; ""List of Acronyms""; ""References"" |
|
|
|
|
|
|
|
|
Sommario/riassunto |
|
This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negative effect on non-oil growth, and that the presence of oil could have fueled political instability by being associated with weakening institutions. The results also show that fiscal discipline is beneficial for growth. In addition, there are strong linkages between world oil prices and the real effective exchange rate, with movements in the latter having important indirect repercussions for growth. |
|
|
|
|
|
|
|
| |