Lifting the Oil Curse : Improving Petroleum Revenue Management in Sub-Saharan Africa

Information about Sub-Saharan Africa África subsahariana
Lifting the Oil Curse : Improving Petroleum Revenue Management in Sub-Saharan Africa
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Series:
IMF Special Issues
Author(s):
Harinder Malothra, Milan Cuc, Ulrich Bartsch, and Menachem Katz
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
January 2004
DOI:
http://dx.doi.org/10.5089/9781589063174.058
ISBN:
9781589063174
Page:
73
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.
Chapter

Chapter 7. Institutional Oversight of the Oil Sector

Author(s):
Harinder Malothra, Milan Cuc, Ulrich Bartsch, and Menachem Katz
Published Date:
January 2004
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    Information about Sub-Saharan Africa África subsahariana
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