02252cas a2200253 a 4500 AALejournalIMF011261 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463902872 1018-5941 BD-DhAAL BD-DhAAL York, Robert. External Sustainability of Oil-Producing Sub-Saharan African Countries / Robert York, Misa Takebe. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (32 pages) IMF Working Papers <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 In the extensive empirical work carried out across the IMF on oil-producing sub-Saharan African (SSA) countries, the notion of "sustainability" is often directed toward fiscal policies, and, in particular, views on the "optimal" non-oil primary fiscal deficit. The bulk of this work does not, however, address external sustainability, which is a concern especially for those SSA oil producers operating under a fixed exchange rate regime. A couple of recent papers have extended the existing methodologies to assess external sustainability for some oil-producing countries but they do not focus on those in sub-Saharan Africa. In this paper, we bolster this empirical work by providing a range of estimates for the long-run external current external account balance for each of the SSA oil-producing countries, based on three widely used methodologies in the IMF. Our research strategy is to apply these models to the eight countries in the subregion - Angola, Cameroon, Chad, Cote d'Ivoire, Equatorial Guinea, Gabon, Nigeria, and the Republic of Congo - using similar simplifying assumptions so that we are using the same lens to view how they do and do not differ. Mode of access: Internet Takebe, Misa. IMF Working Papers; Working Paper ; No. 2011/207 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/207/001.2011.issue-207-en.xml IMF e-Library