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Chad, the Challenge of Development: Policy Implications of the Chad-Cameroon Petroleum Project
Jacques Gérin
,
Céline Houdin
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Description
In the prelude to the current scramble for natural resources in Africa, several leading global oil companies and the World Bank (WB) got engaged in 2000 in a large oil extraction and export project in Chad, with a pipeline built across Cameroon to the Atlantic. The revenue management system then adopted by Chad under WB advice, designed to ensure the Chadian gains from this project would effectively support development could not entirely resist policy interests and domestic pressures to spend the proceeds in other ways than pre-accorded, including for security. The World Bank eventually pulled away from this venture but the human and social development impact of Chadian-determined uses of these resources has marked progress over comparable situations elsewhere.
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Book Details
Title
Chad, the Challenge of Development: Policy Implications of the Chad-Cameroon Petroleum Project
Contributors
Jacques Gérin
,
Céline Houdin
Publisher
North-South Institute
Publication date
2010-12-01
Pages
35 p.
LC Subjects
Oil industries - Government policy - Chad.
,
Economic assistance - Chad.
Series
Working Paper (North-South Institute)
Subjects
Chad, the Challenge of Development: Policy Implications of the Chad-Cameroon Petroleum Project
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