03217nam 2200649 450 991046369210332120201015235347.01-4623-0232-71-4527-7128-697866128410571-282-84105-X1-4518-7012-4(CKB)3170000000056225(EBL)1607909(SSID)ssj0000943983(PQKBManifestationID)11503316(PQKBTitleCode)TC0000943983(PQKBWorkID)10982807(PQKB)10093913(OCoLC)763089245(MiAaPQ)EBC1607909(EXLCZ)99317000000005622520140227h20082008 uy 0engtxtccrBolivia the hydrocarbons boom and the risk of Dutch disease /Eugenio Cerutti and Mario Mansilla ; authorized for distribution by Antônio Furtado[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (22 p.)IMF Working PapersIMF working paper ;WP/08/154Description based upon print version of record.1-4519-1465-2 Includes bibliographical references.Contents; I. Introduction; II. Key Developments in the Hydrocarbons Sector; Figures; 1. Foreign Direct Investment by Sectors; 2. Natural Gas Reserves; A. Looming Capacity Constraints and Prospects for Additional Investments; 3. Natural Gas Sales Volume; B. Recent Institutional Changes and Possible Impact on Investment; III. Hydrocarbons Boom and Risk of Dutch Disease; A. Evolution of the real exchange rate; 4. Distribution of Gas Exports Receipts and Fiscal Balances; 5. Real and Nominal Exchange Rate; 6. Inflation and Relative Prices; IV. Policy Implications7. External Sector Performance and Growth Appendix: Equilibrium Real Exchange Rate; ReferencesThe hydrocarbons sector has become one of the most dynamic economic activities in the Bolivian economy and the main driver of improved export performance and international reserve accumulation. The central role of the hydrocarbons sector in the economy is attributable to the high levels of investment made in the late 1990's, which permitted much higher production levels, particularly of natural gas. However those positive developments in the hydrocarbons sector have given rise to the possibility of a new case of ""Dutch disease."" While Bolivia's economy has already seen many benefitsIMF Working PapersHydrocarbonsEconomic aspectsBoliviaForeign exchange ratesBoliviaBoliviaEconomic conditionsElectronic books.HydrocarbonsEconomic aspectsForeign exchange rates628.161Cerutti Eugenio928681Mansilla Mario873345Furtado Antonio928682MiAaPQMiAaPQMiAaPQBOOK9910463692103321Bolivia2087091UNINA