| Description |
1 online resource (42 pages) : illustrations (some color) |
| Series |
IMF country report ; no. 09/67 |
|
IMF country report ; no. 09/67.
|
| Contents |
Cover; Contents; Chapter I; Assessing Competitiveness in Chad; I. Trade Performance; Figures; 1. External Trade Performance, (1994-2007); II. Balance of Payments Analysis and Vulnerabilities; Tables; 1. Non-oil Exports; III. Dutch Disease in Chad; 2. Price of Key Non Tradables (index, base 1994); 2. Oil Sector in Balance of Payments; IV. Chad's Real Effective Exchange Rate; 3. Real Exchange Rate Assessment; A. The Equilibrium Real Exchange Rate Approach; 4. ARDL on Base Specification with Different Number of Lags; B. The Macroeconomic Balance Approach; 5. CEMAC Estimation |
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6. Savings-Investment-Current Account Norm7. Impact of Devaluation on the Current Account; C. External Sustainability Approach; 8. Results of the Macroeconomic Balance Approach; 9. Net Foreign Assets Target (in percent of GDP); V. Non-Exchange Rate Indicators of Competitiveness; 10. Macroeconomic Balance Results (percent of GDP, Except for the REER); A. Doing Business Indicators; 11. Relative Performance on Governance Indicators; VI. Barriers to Internal and External Trade; 12, Ranking on Doing Business Within Sub-Saharan Africa; 13. Doing Business Indicators; VII. Conclusions; Appendix I |
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3. REER and Equilibrium REER4. REER and Equilibriurn (2); References; Chapter II; Assessment of Fiscal Sustainability for Chad; I. Introduction; II. Fiscal Developments Over the Oil Era; Figures; 1. Evolution of Selected Fiscal Aggregates; 2003-2008 (Proj.); 2. Evolution of Main Components of Primary Current Spending-2003-2008 (Proj.); 3. Evolution of the Overall Balance; 2003-2008 (Proj.); 4. Utilization of Oil Revenue by Oil Producing Countries 2000-2006; III. Assessing Sustainability and the Sustainable Non-Oil Primary Balance |
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5. Oil Revenue, Annuity, and Asset Accumulation (Constant Government Consumption Annuity as a Share of non Oil GDPTables; 1. Main Macroeconomic, Oil Sector, and Habit Persistence Parameter Assumptions; IV. Reforms to Restore Fiscal Sustainability in Chad; 2. Average Levels of Non-Oil Primary Deficit Under Different Approaches; 3. Sensitivity Analysis on NOPD Estimates; Appendix II; Appendix II Tables; 1. Average Level of NOPD Under Additional PIH Approach Rules; 2. Sensitivity Analysis of NOPD Estimates for Additional PIH Approach Rules; References |
| Summary |
1. This paper analyzes competitiveness in Chad since the advent of the oil era in the 2000s. Oil has since positioned itself as the key sector of a traditional economy that previously depended on agriculture and some light manufacturing. Oil is changing many features of an economy in which some part of the population is nomad and which has been in a state of war for over the last 30 years. The question here is whether Chad's competitiveness has been affected by oil production. Answering it is not easy for a number of reasons. First, the unstable security situation distorts the economic variables, and security risks may not be properly reflected in the data. Second, the quality of data, particularly on the external sector, is poor. Third, other than in the traditional sectors Chad does not have a solid production base against which to compare the impact of the oil economy |
| Bibliography |
Includes bibliographical references (pages 41-42) |
| Subject |
Competition -- Chad
|
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Fiscal policy -- Chad
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Competition
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Economic history
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Economic policy
|
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Fiscal policy
|
| SUBJECT |
Chad -- Economic policy
|
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Chad -- Economic conditions
|
| Subject |
Chad
|
| Form |
Electronic book
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| Author |
International Monetary Fund.
|
| ISBN |
1283559552 |
|
9781283559553 |
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