Chad; Selected Issues
This paper analyzes competitiveness in Chad since the advent of the oil era in the 2000s. Oil has since positioned itself as the key sector of a traditional economy that previously depended on agriculture and some light manufacturing. Dominated by developments in the oil sector, Chad’s balance of payments is vulnerable to the indirect effects of the sector’s volatility. The country’s ample reserves are insulated from oil sector shocks to the extent that oil-sector-related flows for trade in goods and service, factor income, and capital automatically offset each other.
Year of publication: |
2009-02-20
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Fiscal sustainability | Global competitiveness | Nonoil sector | Oil revenues | Real effective exchange rates | Selected issues | Statistical annexes | reer | oil exports | balance of payments | external trade | terms of trade | trade performance | real effective exchange rate | export sector | oil export | export volumes | customs administration | share of exports | export shocks | oil imports | current account balance | trading partners | price fluctuations | international trade | trade integration | trade relations | investor protection | world trade | internal trade | oil prices | global markets | external tariff | total exports | exporters | trade barriers | member country | aggregate demand | output growth | export products |
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