- Journal: in “Oil Wealth in Central Africa” edited by B. Akitoby and S. Coorey, Chapter 8.
- Co-authors: Gaston K. Mpatswe (IMF), Robert C. York (IMF)
- Publication date: August 2012
Abstract
Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Drawing on new research, Oil Wealth in Central Africa lays out the macroeconomic and growth challenges facing the region; examines oil wealth management and its implications for poverty reduction; and includes four case studies that exemplify lessons learned.
WP version: “The Cyclicality of Fiscal Policies in the CEMAC Region,” IMF Working Paper 11/205
Read more: https://www.elibrary.imf.org/display/book/9781616353766/ch008.xml?tabs=abstract