After the Oil: Challenges Ahead in Gabon

What Happens When The Market Shifts To China ? The Gabon Timber And Thai Cassava Value Chains

“…But with the growth of environmental concerns about climate change and mounting domestic economic problems, the timber industry has become a subject of increasing regulation, both within and outside Gabon. In the light of decreasing oil production and following pressure from external donors that Gabon regulate this key resource to use it as a primary driver of industrial diversification, the state introduced a sector program for forests, fisheries, and the environment (Programme Sectoriel Forêt, Pêche et Environnement), involving major reforms of the forestry sector (Leigh and Olters, 2006;Söderling, 2006;Wunder, 2003). This included the abolition of the state-owned export monopoly (SNBG) and the introduction of a new legislative framework, the Forestry Code, in 2001.…”

Development Finance in the Global Economy: The Road Ahead

“…Some oil producers must also face adjustment to a decline in their oil endowment. Gabon has borrowed heavily and now faces a difficult adjustment as its oil supplies decline, implying a large (and unprecedented) shift into non-traditional exportables requiring, in turn, a sizeable real exchange rate adjustment (Söderling 2006).…”

Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy: Lessons From Gabon

“…7 A number of authors have pointed to the fragility of Gabon's non-oil sectors, an overly generous public sector, and the inherently adverse debt dynamics (Barro Chambrier, 1990). More recently, formal models have been proposed by Ntamatungiro (2004) and Söderling (2005) that demonstrate the need for establishing a more sustainable fiscal path in Gabon.…”