Democratic Republic of São Tomé and Príncipe: Selected Issues and Statistical Appendix
October 10, 2006
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The paper reviews the background and the existing institutional framework for oil sector development in São Tomé and Príncipe and the challenges faced in implementing transparency rules in all oil-related transactions. It provides a quantitative analysis of the impact of oil sector development on government receipts, spending, and savings, and discusses the determinants of inflation from a statistical point of view. It also shows an analysis of the weak relationship between money growth and inflation.
Subject: Commodities, Exchange rates, Foreign exchange, Inflation, Oil, Oil prices, Oil, gas and mining taxes, Prices, Taxes
Keywords: Africa, CR, error-correction inflation equation, exchange rate depreciation, Exchange rates, funding amount, gas and mining taxes, Inflation, ISCR, money growth, Oil, oil price, Oil prices, Sãotomean authorities, Sub-Saharan Africa
Pages:
94
Volume:
2006
DOI:
Issue:
329
Series:
Country Report No. 2006/329
Stock No:
1STPEA2006001
ISBN:
9781451835090
ISSN:
1934-7685
