Inter-Sectoral Linkages and Local Content in Extractive Industries and Beyond--The Case of Sao Tome and Principe

Author/Editor: Klueh, Ulrich H. ; Pastor, Gonzalo C. ; Segura, Alonso ; Zarate, Walter
Publication Date: September 01, 2007
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: This paper attempts to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of São Tomé and Príncipe as point of reference. Our approach emphasizes inter-sectoral linkages and institutional pre-conditions for local content promotion. Based on an Input-Output description of the economy, we quantify the consistency between the prospective oil sector development and the growth of other sectors of the economy. We also assess a number of sectoral policies and "niche" activities within the oil industry that would maximize the local benefits from oil exploration.
Series: Working Paper No. 07/213
Subject(s): Industrial policy | Sao Tome and Principe | Oil sector | São Tomé and Príncipe

Author's Keyword(s): Oil Sector | Local content | Industrial policies | Imput-Output tables
Publication Date: September 01, 2007
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA2007213 Pages: 49
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