International Monetary Fund


IMF Book Launch and Seminar

Oil Wealth in Central Africa: Policies for Inclusive Growth

Wednesday, September 26, 2012

Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth or to generate sufficient employment opportunities, particularly for its fast-growing youth population. Drawing on new research, Oil Wealth in Central Africa, edited by Bernardin Akitoby and Sharmini Coorey, lays out the macroeconomic and growth challenges facing the region; examines oil wealth management and its implications for poverty reduction; and includes four case studies that exemplify lessons learned.

Opening Remarks: Antoinette Sayeh (Director, IMF African Department)
Moderator: Sharmini Coorey (Director, IMF Institute for Capacity Development)
George Akerlof (2001 Nobel Laureate in Economics)
Sanjeev Gupta (Deputy Director, IMF Fiscal Affairs Department)
Shantayanan Devarajan (Chief Economist, Africa Region, World Bank)
H.E. Joseph Bienvenu Charles FOE-ATANGANA (Cameroon Ambassador to the United States)

Event Details

  • Date: September 26
  • Time: 2:30 pm – 4:00 pm
  • Place: IMF, HQ2-01A-830 (Conference Hall 2)
  • 1919 Pennsylvania Avenue, N.W., Washington, DC
  • RSVP: Acceptances only with name and affiliation by September 25th to Please include “Book Event” in the subject line. Guests will need photo ID to enter the building and are asked to arrive 10-15 minutes before the event to allow time for registration.
  • This event is open to the public.


“Put together by leading experts, this book addresses concretely, practically, and comprehensively the policies that will accelerate and sustain an inclusive growth pattern for the region. Effective management of oil wealth is the critical ingredient. The challenge ahead is complex, but much less so as a result of the clear roadmap and analysis that is detailed in this excellent volume. While usefully focused on central Africa, it will be of great interest to a much larger community.”

Michael Spence
Nobel Laureate in Economics 2001

For more information on the book click here.