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01569cas a2200241 a 4500 |
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AALejournalIMF005709 |
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|c 5.00 USD
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|z 9781451816020
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Republic of Equatorial Guinea :
|b Selected Issues.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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| 300 |
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|a 1 online resource (34 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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| 500 |
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This Selected Issues paper discusses fiscal sustainability and capital expenditures for Equatorial Guinea. The paper formulates a permanent income hypothesis model and estimates it using data on oil revenues from Equatorial Guinea. The first methodology is based on a standard permanent income model, using a 50-year time horizon and real rate of return of 2 percent. The paper then extends the model to incorporate a feedback effect from capital spending to non-oil GDP growth, and shows its implications for fiscal sustainability.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2009/099
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2009/099/002.2009.issue-099-en.xml
|z IMF e-Library
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