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Republic of Equatorial Guinea: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This note analyzes the medium- and long-term prospects of the hydrocarbon sector as a source of growth. Substantial hydrocarbon and financial reserves implies a sizable upward shift in the sustainable expenditure path. Rather than suggesting a specific fiscal rule, four simple alternatives are simulated and their implications assessed in terms of the overall non-oil balance. Comparing cross-country experiences with the current set up in Equatorial Guinea and statistical data on economic indices of Guinea have also been presented in the paper.

Suggested Citation

  • International Monetary Fund, 2006. "Republic of Equatorial Guinea: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2006/237, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/237
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    References listed on IDEAS

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    1. Mr. Rolando Ossowski & Mr. Steven A Barnett & Mr. James Daniel & Mr. Jeffrey M. Davis, 2001. "Stabilization and Savings Funds for Nonrenewable Resources," IMF Occasional Papers 2001/004, International Monetary Fund.
    2. Mr. Rodrigo O. Valdes & Mr. Eduardo E Engel, 2000. "Optimal Fiscal Strategy for Oil Exporting Countries," IMF Working Papers 2000/118, International Monetary Fund.
    3. Mr. James Daniel, 2001. "Hedging Government Oil Price Risk," IMF Working Papers 2001/185, International Monetary Fund.
    4. Mr. Johannes Wiegand, 2004. "Fiscal Surveillance in a Petro Zone: The Case of the CEMAC," IMF Working Papers 2004/008, International Monetary Fund.
    5. Mr. Steven A Barnett & Mr. Rolando Ossowski, 2002. "Operational Aspects of Fiscal Policy in Oil-Producing Countries," IMF Working Papers 2002/177, International Monetary Fund.
    6. Julia Devlin, 2004. "Managing Oil Price Risk in Developing Countries," The World Bank Research Observer, World Bank, vol. 19(1), pages 119-139.
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    Cited by:

    1. Klueh, Ulrich H. & Pastor, Gonzalo & Segura, Alonso, 2009. "Policies to improve the local impact from hydrocarbon extraction: Observations on West Africa and possible lessons for Central Asia," Energy Policy, Elsevier, vol. 37(3), pages 1128-1144, March.
    2. Mr. Alonso A Segura Vasi & Walter Zarate & Mr. Gonzalo C Pastor Campos & Mr. Ulrich H Klueh, 2007. "Inter-sectoral Linkages and Local Content in Extractive Industries and Beyond – The Case of São Tomé and Príncipe," IMF Working Papers 2007/213, International Monetary Fund.
    3. Mr. Alonso A Segura Vasi, 2006. "Management of Oil Wealth Under the Permanent Income Hypothesis: The Case of São Tomé and Príncipe," IMF Working Papers 2006/183, International Monetary Fund.

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