01766cas a2200253 a 4500 AALejournalIMF011331 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463921996 1018-5941 BD-DhAAL BD-DhAAL Tabova, Alexandra. Determinants of Non-oil Growth in the CFA-Zone Oil Producing Countries : How do they Differ? / Alexandra Tabova, Carol Baker. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (20 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 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. Mode of access: Internet Baker, Carol. IMF Working Papers; Working Paper ; No. 2011/233 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/233/001.2011.issue-233-en.xml IMF e-Library