Information Center: Economy, Editorial

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Results

May 17, 2012

41 business and civil society organizations have sent a letter to every member of the U.S. Congress urging them to support the Incorporation Transparency and Law Enforcement Assistance Act. 

EG Justice
June 16, 2011

The government of Equatorial Guinea is spending billions on showcase infrastructure projects. Will that lead to sustainable development in Equatorial Guinea?

EG Justice
EG Justice
August 12, 2011

This blog is a mosaic of Equatoguinean voices, information, commentary, and analysis of the issues and developments impacting Equatorial Guinea.

United Nations Population Fund
February 10, 1998

A proposal by the United Nations Population Fund to allocate $2.5 million for 1998-2002 in support of a population program in Equatorial Guinea.

International Monetary Fund
Wiegand, Johannes
January 1, 2004

This paper discusses fiscal surveillance criteria for the countries of the Central African Monetary and Economic Union (CEMAC), most of which depend heavily on oil exports. At present, the CEMAC's macroeconomic surveillance exercise sets as fiscal target a floor on the basic budgetary balance. This appears inadequate, for at least two reasons. First, fluctuations in oil prices and, hence, oil receipts obscure the underlying fiscal stance. Second, oil resources are limited, which suggests that some of today's oil receipts should be saved to finance future consumption. The paper develops easy-to-calculate indicators that take both aspects into account. A retrospective analysis based on these alternative indicators reveals that in recent years, the CEMAC's surveillance exercise has tended to accommodate stances of fiscal policy that are at odds with sound management of oil wealth.

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