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Addressing the Natural Resource Curse; An Illustration From Nigeria
Subramanian, Arvind; Sala-i-Martin, Xavier - International Monetary Fund (IMF) - 2003
Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their … confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been … which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt …
Persistent link: https://www.econbiz.de/10005769277
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Can the Natural Resource Curse Be Turned Into a Blessing? T+L3479he Role of Trade Policies and Institutions
Arezki, Rabah; Ploeg, Frederik van der - International Monetary Fund (IMF) - 2007
We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These results do not survive once we use instrumental variables techniques to correct for...
Persistent link: https://www.econbiz.de/10005248266
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Republic of Kazakhstan; Selected Issues
International Monetary Fund (IMF); International … - 2004
prospective oil inflows. It surveys the literature on the so-called natural resource curse and offers an analysis of Kazakhstanâ …€™s petroleum potential. The paper analyzes the impact of the oil boom on the non-oil sector, based on a general equilibrium model …
Persistent link: https://www.econbiz.de/10005252673
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Natural Resources, Volatility, and Inclusive Growth; Perspectives From the Middle East and North Africa
Nabli, Mustapha K.; Arezki, Rabah - International Monetary Fund (IMF) - 2012
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on...
Persistent link: https://www.econbiz.de/10011242320
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Solomon Islands; Selected Issues
International Monetary Fund (IMF); International … - 2011
This paper analyzes Solomon Islands’ ongoing reforms concerning of the mineral taxation regime and the fiscal impact of mineral resources. The analysis shows that mineral revenue could be substantial, provided that mineral prices remain strong in the medium term. Enforcing the tax...
Persistent link: https://www.econbiz.de/10011243086
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Sudan; Selected Issues Paper
International Monetary Fund (IMF); International … - 2012
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
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Ghana; 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ghana
International Monetary Fund (IMF); International … - 2008
This 2008 Article IV Consultation highlights that Ghana’s growth has remained strong, fuelled by both the private and public sectors. The Ghanaian economy maintained strong growth of about 6½ percent in 2007 and the first months of 2008. The private sector has responded positively to...
Persistent link: https://www.econbiz.de/10011244353
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Republic of Belarus; Statistical Appendix
International Monetary Fund (IMF); International … - 2007
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244613
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Saudi Arabia; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
largest crude oil exporter, and the only producer with significant spare capacity, Saudi Arabia plays a systemic and … stabilizing role in the global oil market. In 2011, Saudi Arabia formally committed through the G20 to use its systemic position … in the oil market to promote global stability. Saudi Arabia raised oil production to a 30-year high to ensure demand was …
Persistent link: https://www.econbiz.de/10011244901
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The Socialist People's Libyan Arab Jamahiriya; Statistical Appendix
International Monetary Fund (IMF); International … - 2007
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011245028