Are Diamonds Forever? : Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue /

This study assesses the sustainability of Botswana's diamond-related fiscal revenue. Diamond reserves are not adequate to generate enough permanent revenue to sustain a high level of expenditure. Under the current fiscal rule that no debt may be accumulated, Botswana will have to save more to a...

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Tác giả chính: Basdevant, Olivier
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2008.
Loạt:IMF Working Papers; Working Paper ; No. 2008/080
Truy cập trực tuyến:Full text available on IMF