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Inter-sectoral Linkages and Local Content in Extractive Industries and Beyond – The Case of São Tomé and Príncipe

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  • Mr. Alonso A Segura Vasi
  • Walter Zarate
  • Mr. Gonzalo C Pastor Campos
  • Mr. Ulrich H Klueh

Abstract

This paper attempts to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of São Tomé and Príncipe as point of reference. Our approach emphasizes inter-sectoral linkages and institutional pre-conditions for local content promotion. Based on an Input-Output description of the economy, we quantify the consistency between the prospective oil sector development and the growth of other sectors of the economy. We also assess a number of sectoral policies and "niche" activities within the oil industry that would maximize the local benefits from oil exploration.

Suggested Citation

  • Mr. Alonso A Segura Vasi & Walter Zarate & Mr. Gonzalo C Pastor Campos & Mr. Ulrich H Klueh, 2007. "Inter-sectoral Linkages and Local Content in Extractive Industries and Beyond – The Case of São Tomé and Príncipe," IMF Working Papers 2007/213, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2007/213
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    References listed on IDEAS

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    Cited by:

    1. Klueh, Ulrich H. & Pastor, Gonzalo & Segura, Alonso, 2009. "Policies to improve the local impact from hydrocarbon extraction: Observations on West Africa and possible lessons for Central Asia," Energy Policy, Elsevier, vol. 37(3), pages 1128-1144, March.

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