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|z 9781463921996
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|a 1018-5941
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|a Tabova, Alexandra.
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|a Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries :
|b How do they Differ? /
|c Alexandra Tabova, Carol Baker.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2011.
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|a 1 online resource (20 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Non-oil growth in the CFA oil exporting countries has been lackluster despite their great natural resource wealth. In this paper we study the key determinants of non-oil growth and explore to what extent these countries differ from countries with comparable levels of development that do not depend on nonrenewable resources. Using a panel of 38 countries comprising LICs and CFA zone oil exporters, we find that while real exchange rate appreciation negatively impacted growth in all countries over the period 1985-2008, what distinguishes the oil producers of the CFA zone is the failure of public and private investment to spur non-oil growth.
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|a Mode of access: Internet
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|a Baker, Carol.
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|a IMF Working Papers; Working Paper ;
|v No. 2011/233
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2011/233/001.2011.issue-233-en.xml
|z IMF e-Library
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