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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2008.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2008/080 |
| 在線閱讀: | Full text available on IMF |