Harnessing Resource Wealth for Inclusive Growth in Fragile States is popular PDF and ePub book, written by Ms.Corinne Delechat in 2015-02-11, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Harnessing Resource Wealth for Inclusive Growth in Fragile States can be Read Online from any device for your convenience.
Harnessing Resource Wealth for Inclusive Growth in Fragile States Book PDF Summary
Like other fragile sub-Saharan African countries, Côte d’Ivoire, Guinea, Liberia, and Sierra Leone are seeking to harness their natural resource potential in the context of ambitious development strategies. This study investigates options for scaling up public investment and expanding social safety nets in a general equilibrium setting. First, it assesses the macro-fiscal implications of alternative fiscal rules for public investment, and, second, it explicitly accounts for redistribution through direct cash transfers. Results show that a sustainable non-resource deficit target is robust to the high uncertainty of resources output and prices, while delivering growth benefits through higher public investment. The scaling-up magnitudes, however, depend on the size of projected resource revenue and absorptive capacity. Adding a social transfer raises private consumption, suggesting that a fraction of the resource revenue could be used to expand safety nets.
Detail Book of Harnessing Resource Wealth for Inclusive Growth in Fragile States PDF
- Author : Ms.Corinne Delechat
- Release : 11 February 2015
- Publisher : International Monetary Fund
- ISBN : 9781498392570
- Genre : Business & Economics
- Total Page : 54 pages
- Language : English
- PDF File Size : 10,9 Mb
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