Republic of Congo : Staff Report for the 2012 Article IV Consultation.

The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by membership in...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund. African Dept
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Staff Country Reports; Country Report ; No. 2012/283
Sarrera elektronikoa:Full text available on IMF
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245 1 0 |a Republic of Congo :   |b Staff Report for the 2012 Article IV Consultation. 
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300 |a 1 online resource (59 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by membership in CEMAC, under which all members benefit from the French convertibility guarantee, and large fiscal buffers. Yet, growth has not been inclusive. Over half of the population lives in poverty and a labor skills mismatch results in high unemployment and underemployment, especially among youth. The difficult business climate holds back diversification. On March 4, 2012 a munitions depot exploded in Brazzaville causing death and destruction; near-term policies focus on reconstruction and addressing the humanitarian crisis. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2012/283 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2012/283/002.2012.issue-283-en.xml  |z IMF e-Library