Several Issues On The Economic Development Strategies Of Gabon

Recently, our country is in the special history period of social transformation andeconomic transition, the socialization progress and development of economythrough industries are both changing greatly. And at the same time, urbanizationin our country is being carried out by the will of the current administrationthrough this program Green Gabon-Services Gabon-Industrial Gabon toattract more potential investors.This thesis studies the strategies that an emerging countrycan pursue in termsof financial openness and exchange rate policy.The chapter1deals with the impact of financial openness on internalinequalities. It relies on the evolution of income distribution in eleven countrieswhich all have carried out financialliberalizationreforms between1980and2000and on aggregate measures of inequalities for42countries in year2001. Ourempirical findings show that financial openness, and especially foreign directinvestment and bank investment, tend to raise the income share of the wealthiestquintile of the population at the expenses of the other quintiles. Howeverfinancial openness also tends to reduce rural-urban inequalities. This thesis alsoputs back the Ricardian growth bottleneck and the Ricardian trade approachestoward FDI (foreign Direct Investment) and technology transfer at the forefrontof analysis, builds and develops new theoretical settings and predictions.Moreover, this thesis provides new empirical applications.The Chapter2, we mainly revisit and reformulate the Japanese economicthought toward outward FDI, within the Ricardian context. We also implementeconometric estimation to test the relevance and usefulness of this theoreticalapproach to outward FDI from catching up countries.The Chapter3, we will evaluate how China and Gabon have differentcomparative advantage in resource endowment, capital, technology, etc.Accordingly, agriculture, forestry and mining are the main sector of Chineseinvestment in Gabon. This part analyzes the investment situation of theagriculture, forestry and mining sector and gives specific advices on investmentchannel, investment modes to each of the industry. Then we’ll show howOpening-up make China developed fast, the important reason and preciousexperienceofsuccessful openingup are as follows,firm openingpolicy,the focusof the using of foreign investment, fair legal trend and healthy legal institution,administrative preferential measures and canceling gradually, diplomacy keeps alow profile, training and introduction of talent and cultural fusion, they all havethe significant reference to Gabon.The Chapter4we seek the objective of the study on the strategies ofGabonese Economic Development through the private sector development in Gabon by designing of public policies oriented private sector development, actorkey to the process of economic diversification, growth and poverty reduction.This is to examine the constraints (economic, institutional, fiscal, etc.). Whichhinder private sector development by emphasizing those requires actionimmediate? This study identifies the actions necessary for pulse or the revival ofkey sector of diversification carriers already identified by a previous study andmakes recommendations in terms of reforms to be implemented.