Oil and growth in the Republic of Congo / / prepared by Rina Bhattacharya and Dhaneshwar Ghura

• Autore: Bhattacharya Rina
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (41 p.)
• Soggetto topico: Petroleum - Congo (Democratic Republic); Oil industries - Congo (Democratic Republic)
• Altri autori: GhuraDhaneshwar
• Note generali: "August 2006."
• 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.
• Titolo autorizzato: Oil and Growth in the Republic of Congo
• ISBN: 1-4623-9419-1; 1-4527-9756-0; 1-283-51331-5; 9786613825766; 1-4519-8922-9
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910826087903321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/06/185.