01766cas a2200241 a 4500 AALejournalIMF016707 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475542141 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Gabon : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (25 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 discusses impact of the falling oil prices on the Gabon's economy. With oil accounting for roughly 40 percent of its GDP, 45 percent of its government revenues, and nearly 85 percent of its exports in 2014, Gabon's economic growth prospects depend on how it copes with the recent oil-price slumps. Economic performance during major oil-price declines clearly illustrates the vulnerability of Gabon and other oil-dependent countries in sub-Saharan Africa. The recent oil-price slump is bound to generate a major deceleration of Gabon's non-oil economy. Given the strength of the government transmission channel, the authorities should support economic activity (through productive spending) while ensuring fiscal sustainability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/087 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/087/002.2016.issue-087-en.xml IMF e-Library