Overview

This study provides a background of the socio-political situation in Chad and the oil project, and analyses how the two will develop and interact in the future. A key feature is an analysis of the incentives in the oil project and their possible future changes. Chad is currently undergoing two processes of significant importance for its future development - political democratisation and transformation into an oil economy. For a country plagued with civil war for decades until 1990, and known as one of the poorest and most corrupt states in the world, this is a real challenge. The oil export started in late 2003, and boosted the economy in 2004. To avoid the disastrous experiences of most poor African oil states, unique oil management, control mechanisms and other conditionalities have been imposed by the World Bank - much thanks to pressure from the civil society and the international community. If implemented well, Chad may become a model for how a poor resource-rich country is able to promote socio-economic development and poverty reduction. However, this demands a close and coordinated cooperation between the Chadian government and the civil society, based on accountability and good governance, and with continuous support of the World Bank and the international community. The situation is fragile and progress is uncertain. If a broader economic development is achieved, conditions for an improved democratisation can be created in the long term. The Chadian oil project deserves continued close attention and monitoring.

Full Product Details

Author:   Hans Eriksson ,  Bjorn Hagstromer
Publisher:   Nordic African Institute
Imprint:   Nordic African Institute
Dimensions:   Width: 21.00cm , Height: 0.60cm , Length: 29.70cm
Weight:   0.168kg
ISBN:  

9789171065490

ISBN 10:   9171065490
Pages:   81
Publication Date:   07 December 2005
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
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Bjorn Hagstromer is a Graduate Student of International Economics and Politics at Jonkoping International Business School Hans Eriksson is an Economist and Political Scientist at Stockholm School of Economics, Stockholm University

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