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Oil and Growth in the Republic of Congo / / Dhaneshwar Ghura, Rina Bhattacharya



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Autore: Ghura Dhaneshwar Visualizza persona
Titolo: Oil and Growth in the Republic of Congo / / Dhaneshwar Ghura, Rina Bhattacharya Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica: 1 online resource (41 p.)
Soggetto topico: 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
Soggetto geografico: Congo, Democratic Republic of the
Altri autori: BhattacharyaRina  
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  Visualizza cluster
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.: 9910788410503321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF Working Papers; Working Paper ; ; No. 2006/185