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Liquidation Of The TOR Debt: Why Securitization Is A Better Option Than Recovery Through Petroleum Prices

"The Legislative Alert argues the current system of levying taxes through fuel price to pay the Tema Oil Refinery Debt is seriously flawed. Not only is the process cumbersome and inefficient, but it also puts an unnecessary burden on consumers. The …

Sporadic Fuel Crisis in South Sudan: Causes Impacts and Solutions

South Sudan has encountered waves of periodic fuel crisis since 2011. The government has attempted quick-fix measures, but the crisis has continued unabated. Despite a number of speculations surrounding this matter, however, the actual causes and im…

Making Sense of South Sudan's New Petroleum HSE Management System and Plan Regulations

Environmental conditions in South Sudan’s petroleum producing areas have continued to deteriorate. This is demonstrated by recent reports of oil leaks and spills, inappropriate handling of produced water and mud pits, birth defects, people and anima…

Maroc : qu’en sera-t-il de l’après pétrole ? / Morocco: What Will it be after Oil?

Many analysts believe that oil could soon move from a demand-driven market to a limited power market. (1)Therefore, the price of oil production procedures and national policies will remain extremely uncertain. (2)Instability and uncertainty are the …

Oil Production and Ghana's Economy: What Can We Expect?

There are two key objectives in this paper. Firstly, it seeks to estimate the impacts of oil production on Ghana’s economy using a computable general equilibrium model. Secondly, it proposes policies to mitigate the adverse impacts oil activities ma…

Oil Revenues, Institutions and Macroeconomic Performance in Nigeria

In this study, an elaborate econometric analysis is offered which tests the sensitivity of a number of key macroeconomic indicators to oil revenue shocks, using the Impulse Response Functions (IRFs) and Variance Decomposition (VDC) techniques within…

The Challenges of Macroeconomic Management of Natural Resource Revenues in Developing Countries: The Case of Uganda

The paper’s main purpose is to analyze the impact of different policies regarding the disposition of the expected government revenues from the exploitation of recent oil discoveries in Uganda. Several simulation exercises were performed in order to …

China‐Nigeria Economic Relations

"Although Sino-Nigeria relationship dates back to more than three decades, recent developments call for a careful and detailed analysis of this relationship and to this end, we seek to provide analysis of the relationship with respect to investment,…

Cotton, War and Growth in Chad (1960 - 2000)

"The growth experience of Chad provides a lot of lessons for understanding the political economy of African development. It was based for most of its post-colonial history on a heavily controlled and taxed export crop sector, whose evolution was in …

Evaluating Asian Drivers Impacts on Sub-Saharan Africa Oil and Gas industries: A Methodological Framework

"In this paper, key issues have been identified, as well as policy research questions and also concerns of SSA arising from the emergence of ADs in the oil and gas industries. In order to provide a basis for articulating appropriate responses by Afr…

Macroeconomic and Distributional Consequences of Energy Supply Shocks in Nigeria

"Nigeria continues to experience sporadic domestic oil supply shortages. The shortages have resulted in huge economic and non-economic costs to the economy. This study investigates the causes of the shortages and provides quantitative estimates of t…

Oil Wealth and Economic Growth in Oil Exporting African Countries

"This study analyses the effect of oil rents on economic growth in oil exporting African countries. It also attempts to provide both theoretical and empirical analysis of the channels of transmission of resource curse of natural resources on growt…

Potentials for Diversifying Nigeria's Non-Oil Exports to Non-Traditional Markets

"This study seeks to identify ways in which Nigeria can improve her export performance. The specific objectives of the study are: to identify new markets to target within the context of Nigeria’s export diversification policy; to identify products …

China's Growing Involvement in Chad: Escaping Enclosure?

"The paper first outlines the Chadian context, at national and regional levels, in order to locate China’s engagement appropriately. Because China’s economic engagement in Chad is structured mostly around oil interests, the second section examines t…

Refining Relations: Chad's Growing Links with China

"Chad’s relations with China have developed importantly in a relatively short space of time, which has elevated China’s importance in the Chadian economy and domestic politics. The core of the Chinese engagement is driven by the China National Petr…

Coup d’état in São Tomé e Príncipe Domestic Causes, the Role of Oil and Former ‘Buffalo’ Battalion Soldiers

"São Tomé e Príncipe (STP) has not yet extracted a single drop of oil and is not expected to do so until 2007. Even so, because of its potential oil wealth the recent military coup in the small island-republic has attracted a lot of international at…

São Tomé and Príncipe Update

"When President Menezes refused to accept Prime Minister Maria das Neves’resignation following the July 2003 coup, insisting on her re-appointment,many observers expected a period of political stability because the relationship between the two seem…

Oil, Corruption and Conflict in West Africa : The Failure of Governance and Corporate Social Responsibility

"This report provides an analysis of the influence of international oil corporations (IOC's) on the economic, political and social framework of oil dependent countries. This issue is particularly topical because of recent off shore oil discoveries a…

Challenges Associated with the Development of Oil and Gas Sector in Uganda

"The production of oil poses a number of challenges, including the impact of the potential scale of revenues on consumption patterns, inflation and demand for certain goods and services, and the impact of price and production volume volatility on pu…

Unlocking the Business Environment in Nigeria: The BECANS Solution

"Nigeria is widely acknowledged as a country with great (albeit unrealized) potential to become a major player in the global economy. One vivid sign of unrealized potential is the inability to translate huge crude oil earnings into international eco…

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