Showing 1 - 10 of 259
This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between...
Persistent link: https://www.econbiz.de/10014394357
(norms). We apply the model to the Economic and Monetary Community of Central Africa and discuss how our results can be used …
Persistent link: https://www.econbiz.de/10014395297
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA …
Persistent link: https://www.econbiz.de/10014396612
This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to...
Persistent link: https://www.econbiz.de/10011716557
We identify key factors, from large set of potential determinants, that explain the variation in export diversification across countries and over time using Bayesian Model Averaging (BMA), which addresses model uncertainty and ranks factors in order of importance vis-a-vis their explanatory...
Persistent link: https://www.econbiz.de/10012021886
This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a 'natural experiment' framework in which the timing of discoveries is treated as an exogenous source of within-country variation. We combine data on government debt, fiscal...
Persistent link: https://www.econbiz.de/10013170580
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers …
Persistent link: https://www.econbiz.de/10012112331
Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary … other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa''s track …
Persistent link: https://www.econbiz.de/10014400064
What role does China play in Africa''s development? What drives China''s increasing economic involvement in the … government policies, markets for each other''s exports, Africa''s demand for infrastructure, and differences in China''s approach … to financing have together moved commercial activities-trade and investment-to the center of China-Africa economic …
Persistent link: https://www.econbiz.de/10014400123
countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote …This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly … Africa …
Persistent link: https://www.econbiz.de/10014401807