This Selected Issues paper examines the potential medium and long-term effects of the Simandou iron ore project on Guinea’s economy and income distribution. The paper uses two complementary macroeconomic models. If production began in 2025, the level of real gross domestic product would be around 26 percent by 2030 compared to a baseline scenario without the project. The project would induce a currency appreciation of around 3 percent in 2025 and 2 percent in 2030. It would lead to an increas
关注微信
