 | Learning to Live with Cheaper Oil : Policy Adjustment in MENA and CCA Oil-Exporting Countries Author/Editor: Martin Sommer, Allan G Auclair, Armand Fouejieu, Inutu Lukonga, Saad N Quayyum, Amir Sadeghi, Gazi H Shbaikat, Andrew J Tiffin, Bruno Versailles. Release Date:June, 2016 This paper discusses the challenges posed by low oil prices in the MENA and CCA regions, the adjustment policies adopted so far, and remaining adjustment needs and future risks. more...
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 | Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries : The Case of Cameroon Author/Editor: Issouf Samaké, Priscilla S Muthoora, Bruno Versailles. Release Date:June, 2013 This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to more...
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