Strengthening Transparency in the Oil Sector in Cameroon: Why Does it Matter?
( IMF Policy Discussion Papers )
Publication series ： IMF Policy Discussion Papers
Author： Mr. Stéphane Cossé
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2006
E-ISBN: 9781451924312
P-ISBN(Paperback): 9781451946123
Subject： F0 Economics;F7 Trade Economy;F8 Finances
Keyword： Fiscal transparency,Oil sector,Oil producing countries,Governance,Oil revenues
Language： ENG
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Description
There has been a growing recognition of the importance of transparency for economic growth and social development in oil producing countries. This paper analyzes transparency issues in Cameroon's oil sector. It shows that, while substantial efforts have already been undertaken, continued action is necessary to strengthen transparency. The paper seeks to identify why and how transparency, especially in the fiscal area, matters for economic development and poverty reduction in Cameroon.