01571cas a2200241 a 4500 AALejournalIMF001022 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451815917 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Guinea : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (84 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews economic developments in Guinea during 1990-98. Economic developments were dominated by the coming on stream of important oil fields in 1992 and 1996, and the subsequent breakdown in fiscal discipline and transparency. In response to the January 1994 devaluation of the CFA franc, there was also an upturn in the non-oil sector, led by intensification in logging activity that resulted in an unsustainable level of timber output in 1997. Real GDP growth averaged 8.5 percent a year in 1992-95, and rose to 29 percent in 1996. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1999/113 Full text available on IMF http://elibrary.imf.org/view/journals/002/1999/113/002.1999.issue-113-en.xml IMF e-Library