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010   $a1-283-51331-5
010   $a9786613825766
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035   $a(EBL)3014351
035   $a(SSID)ssj0000942987
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100   $a20020129d2006      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aOil and Growth in the Republic of Congo /$fDhaneshwar Ghura, Rina Bhattacharya
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (41 p.)
225 1 $aIMF Working Papers
300   $a"August 2006."
311   $a1-4518-6445-0 
320   $aIncludes bibliographical references.
327   $a""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""
330 3 $aThis paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negative effect on non-oil growth, and that the presence of oil could have fueled political instability by being associated with weakening institutions. The results also show that fiscal discipline is beneficial for growth. In addition, there are strong linkages between world oil prices and the real effective exchange rate, with movements in the latter having important indirect repercussions for growth.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/185
606   $aPetroleum$zCongo (Democratic Republic)
606   $aOil industries$zCongo (Democratic Republic)
606   $aInvestments: Energy$2imf
606   $aForeign Exchange$2imf
606   $aMacroeconomics$2imf
606   $aIndustries: Energy$2imf
606   $aNatural Resources$2imf
606   $aNonrenewable Resources and Conservation: General$2imf
606   $aEnergy: General$2imf
606   $aEnergy: Demand and Supply$2imf
606   $aPrices$2imf
606   $aAgricultural and Natural Resource Economics$2imf
606   $aEnvironmental and Ecological Economics: General$2imf
606   $aCurrency$2imf
606   $aForeign exchange$2imf
606   $aPetroleum, oil & gas industries$2imf
606   $aInvestment & securities$2imf
606   $aEnvironmental management$2imf
606   $aReal effective exchange rates$2imf
606   $aOil sector$2imf
606   $aOil$2imf
606   $aOil prices$2imf
606   $aNatural resources$2imf
606   $aPetroleum industry and trade$2imf
607   $aCongo, Democratic Republic of the$2imf
615  0$aPetroleum
615  0$aOil industries
615  7$aInvestments: Energy
615  7$aForeign Exchange
615  7$aMacroeconomics
615  7$aIndustries: Energy
615  7$aNatural Resources
615  7$aNonrenewable Resources and Conservation: General
615  7$aEnergy: General
615  7$aEnergy: Demand and Supply
615  7$aPrices
615  7$aAgricultural and Natural Resource Economics
615  7$aEnvironmental and Ecological Economics: General
615  7$aCurrency
615  7$aForeign exchange
615  7$aPetroleum, oil & gas industries
615  7$aInvestment & securities
615  7$aEnvironmental management
615  7$aReal effective exchange rates
615  7$aOil sector
615  7$aOil
615  7$aOil prices
615  7$aNatural resources
615  7$aPetroleum industry and trade
700   $aGhura$b Dhaneshwar$01472683
701   $aBhattacharya$b Rina$01546552
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788410503321
996   $aOil and Growth in the Republic of Congo$93802241
997   $aUNINA