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Yemen; Exchange Rate Policy in the Face of Dwindling Oil Exports
Schneider, Todd; Ltaifa, Nabil Ben; Ahmed, Faisal; … - International Monetary Fund (IMF) - 2007
This paper investigates the likely implications of declining oil production on Yemen's equilibrium exchange rate, and … discusses policy options to ensure a smooth transition to a nonoil economy. The empirical results suggest that, as oil …
Persistent link: https://www.econbiz.de/10005825640
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Diagnosing Dutch Disease; Does Russia Have the Symptoms?
Kalcheva, Katerina; Oomes, Nienke - International Monetary Fund (IMF) - 2007
In this paper, we assess whether recent economic developments in Russia are symptomatic of Dutch Disease. We first provide a brief review of the literature on Dutch Disease and the natural resource curse. We then discuss the symptoms of Dutch Disease, which include (1) real exchange rate...
Persistent link: https://www.econbiz.de/10005826454
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Ghana; Poverty Reduction Strategy Paper-Volume II
International Monetary Fund (IMF); International … - 2012
This volume discusses the Poverty Reduction Strategy (GPRS I) and the Growth and Poverty Reduction Strategy (GPRS II) that addressed the critical poverty issues in Ghana. GPRS I is a comprehensive policy document prepared as a precondition for Ghana under the Highly Indebted Poor Country (HIPC)...
Persistent link: https://www.econbiz.de/10011243866
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Philippines; Reform of the Fiscal Regimes for Mining and Petroleum
International Monetary Fund (IMF); International … - 2012
condensate and one producing crude oil. The TA report suggests legislative reforms of financial and technical assistance …
Persistent link: https://www.econbiz.de/10011243962
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Ghana; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2012
discoveries of oil and gas create tremendous opportunities for stimulating national development. …
Persistent link: https://www.econbiz.de/10011245703
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Measuring Energy Security; Trends in the Diversification of Oil and Natural Gas Supplies
Loungani, Prakash; Joutz, Frederick L.; Cohen, Gail - International Monetary Fund (IMF) - 2011
We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil … much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies …
Persistent link: https://www.econbiz.de/10008876592
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Resource Dependence and Fiscal Effort in Sub-Saharan Africa
Thomas, Alun H.; Treviño, Juan P. - International Monetary Fund (IMF) - 2013
High natural resource prices in recent years have resulted in sizeable increases in fiscal revenue for many resource-exporting countries in sub-Saharan Africa. However, this revenue source is volatile, and arguably these countries should also rely on other forms of taxation to help fund public...
Persistent link: https://www.econbiz.de/10011142043
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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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In the Pipeline; Georgia's Oil and Gas Transit Revenues
Dunn, Jonathan C.; Billmeier, Andreas; Selm, Bert van - International Monetary Fund (IMF) - 2004
Starting in 2005, nontax revenue in Georgia is expected to rise significantly, in the form of transit fees for oil … transported through the Baku-Tbilisi-Ceyhan Oil Pipeline. Transit fees for gas transported through the South Caucasus Pipeline are …
Persistent link: https://www.econbiz.de/10005605199
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Emergence of the Gulf of Guinea in the Global Economy; Prospects and Challenges
Mañe, Damian Ondo - International Monetary Fund (IMF) - 2005
, such as oil, minerals, and forests, continue to attract significant investments whereas others, like natural gas, could be …
Persistent link: https://www.econbiz.de/10005605427