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The past two decades have witnessed an unprecedented globalisation of trade in goods and services. This process has been driven, inter alia, by technology, ideology and the availability of relatively cheap energy. By extrapolating this trend, one …
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"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…
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"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…
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"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…
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"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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"Governance principles that apply to oil-production are very important in oil-rich developing countries. Sharing oil revenue may be a source of conflict and bad governance if it is mishandled. Ensuring that oil and gas production revenues provide ec…
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"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…
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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…
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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…
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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…
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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 …
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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 …
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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…
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"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,…
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"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 …
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"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…
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"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…
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"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…
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"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 …
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"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 …
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