After the oil: Challenges ahead in Gabon by Ludvig Soderling,
Material type:
- text
- unmediated
- volume
- HC800 JOU
Item type | Current library | Call number | Vol info | Copy number | Status | Notes | Date due | Barcode | |
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Main Library - Special Collections | HC800 JOU (Browse shelf(Opens below)) | vol. 15, no. 1 (pages 117-148) | SP2053 | Not for loan | For In house Use |
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This paper studies the prospects for sustainable growth and economic development in Gabon, in the face of a severe decline in its main source of income and growth, i.e. oil. A simple Computable General Equilibrium model is used to simulate the development of the non-oil economy under various assumptions. The results of the simulations underline Gabon's dependence on foreign financing-especially private-and its vulnerability to variations in oil prices. The importance of adequate real exchange rate management is also underlined.
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