LEADER 03217nam 2200649 450 001 9910463692103321 005 20201015235347.0 010 $a1-4623-0232-7 010 $a1-4527-7128-6 010 $a9786612841057 010 $a1-282-84105-X 010 $a1-4518-7012-4 035 $a(CKB)3170000000056225 035 $a(EBL)1607909 035 $a(SSID)ssj0000943983 035 $a(PQKBManifestationID)11503316 035 $a(PQKBTitleCode)TC0000943983 035 $a(PQKBWorkID)10982807 035 $a(PQKB)10093913 035 $a(OCoLC)763089245 035 $a(MiAaPQ)EBC1607909 035 $a(EXLCZ)993170000000056225 100 $a20140227h20082008 uy 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aBolivia $ethe hydrocarbons boom and the risk of Dutch disease /$fEugenio Cerutti and Mario Mansilla ; authorized for distribution by Anto?nio Furtado 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (22 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/154 300 $aDescription based upon print version of record. 311 $a1-4519-1465-2 320 $aIncludes bibliographical references. 327 $aContents; 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 Implications 327 $a7. External Sector Performance and Growth Appendix: Equilibrium Real Exchange Rate; References 330 $aThe hydrocarbons sector has become one of the most dynamic economic activities in the Bolivian economy and the main driver of improved export performance and international reserve accumulation. The central role of the hydrocarbons sector in the economy is attributable to the high levels of investment made in the late 1990's, which permitted much higher production levels, particularly of natural gas. However those positive developments in the hydrocarbons sector have given rise to the possibility of a new case of ""Dutch disease."" While Bolivia's economy has already seen many benefits 410 0$aIMF Working Papers 606 $aHydrocarbons$xEconomic aspects$zBolivia 606 $aForeign exchange rates$zBolivia 607 $aBolivia$xEconomic conditions 608 $aElectronic books. 615 0$aHydrocarbons$xEconomic aspects 615 0$aForeign exchange rates 676 $a628.161 700 $aCerutti$b Eugenio$0928681 701 $aMansilla$b Mario$0873345 701 $aFurtado$b Antonio$0928682 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463692103321 996 $aBolivia$92087091 997 $aUNINA