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This paper aims at providing a guide to ensure efficiency in the management of Chad's windfall to support the …. The paper also discusses the petroleum management arrangements in place in Chad for poverty reduction. The author argues … that the successful management of Chad's windfall for poverty reduction will depend on the effectiveness of oil revenue …
Persistent link: https://www.econbiz.de/10012747326
This paper aims at providing a guide to ensure efficiency in the management of Chad's windfall to support the …. The paper also discusses the petroleum management arrangements in place in Chad for poverty reduction. The author argues … that the successful management of Chad's windfall for poverty reduction will depend on the effectiveness of oil revenue …
Persistent link: https://www.econbiz.de/10012552381
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The resource curse literature's main lesson is that developing and natural resource-rich countries should save most of their oil windfalls in foreign currency. Moreover, the political cycle literature's recent contributions predict stronger cycles in these countries. This paper investigates how...
Persistent link: https://www.econbiz.de/10012101354
Many countries have failed to use natural resource wealth to promote growth and development. They have been damaged by the volatility of revenues and have failed to save a sufficiently high proportion of their resource revenues and failed to make high-return investments to support...
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