Republic of Congo: Staff Report for the 2012 Article IV Consultation
The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by membership in...
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2012
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Schriftenreihe: | IMF Staff Country Reports
Country Report No. 12/283 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by membership in CEMAC, under which all members benefit from the French convertibility guarantee, and large fiscal buffers. Yet, growth has not been inclusive. Over half of the population lives in poverty and a labor skills mismatch results in high unemployment and underemployment, especially among youth. The difficult business climate holds back diversification. On March 4, 2012 a munitions depot exploded in Brazzaville causing death and destruction; near-term policies focus on reconstruction and addressing the humanitarian crisis |
Beschreibung: | 1 Online-Ressource (59 p) |
ISBN: | 147551283X 9781475512830 |
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illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:16Z |
indexdate | 2024-07-10T09:35:23Z |
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publisher | International Monetary Fund |
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series2 | IMF Staff Country Reports |
spelling | International Monetary Fund African Dept oth Republic of Congo Staff Report for the 2012 Article IV Consultation Washington, D.C International Monetary Fund 2012 1 Online-Ressource (59 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Country Reports Country Report No. 12/283 The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by membership in CEMAC, under which all members benefit from the French convertibility guarantee, and large fiscal buffers. Yet, growth has not been inclusive. Over half of the population lives in poverty and a labor skills mismatch results in high unemployment and underemployment, especially among youth. The difficult business climate holds back diversification. On March 4, 2012 a munitions depot exploded in Brazzaville causing death and destruction; near-term policies focus on reconstruction and addressing the humanitarian crisis Online-Ausg International Monetary Fund African Dept Sonstige oth http://elibrary.imf.org/view/IMF002/20043-9781475512830/20043-9781475512830/20043-9781475512830.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_auth | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_exact_search | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_exact_search_txtP | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_full | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_fullStr | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_full_unstemmed | Republic of Congo Staff Report for the 2012 Article IV Consultation |
title_short | Republic of Congo |
title_sort | republic of congo staff report for the 2012 article iv consultation |
title_sub | Staff Report for the 2012 Article IV Consultation |
url | http://elibrary.imf.org/view/IMF002/20043-9781475512830/20043-9781475512830/20043-9781475512830.xml |
work_keys_str_mv | AT internationalmonetaryfund republicofcongostaffreportforthe2012articleivconsultation AT internationalmonetaryfundafricandept republicofcongostaffreportforthe2012articleivconsultation |