Author : Mrs.Harinder Malothra
Publisher : International Monetary Fund
ISBN 13 : 9781589063174
Total Pages : 76 pages
Book Rating : 4.0/5 (631 download)
Book Synopsis Lifting the Oil Curse by : Mrs.Harinder Malothra
Download or read book Lifting the Oil Curse written by Mrs.Harinder Malothra and published by International Monetary Fund. This book was released on 2004-01-23 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can a country turn oil revenues into a blessing rather than a curse? With growing international interest in new offshore oil deposits in sub-Saharan Africa, there is also greater scrutiny of the reasons why many oil-producing countries in the region have experienced disappointing economic performance over the past 20 to 30 years. This paper discusses the latest thinking on best-practice institutions and policies, compares this thinking with current practice in African oil-exporting countries, and presents a plan for the future, taking into account African policymakers’concerns.