|
|
|
|
| LEADER |
01944cas a2200265 a 4500 |
| 001 |
AALejournalIMF009735 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781451868494
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Diallo, Oumar.
|
| 245 |
1 |
0 |
|a Buoyant Capital Spending and Worries over Real Appreciation :
|b Cold Facts from Algeria /
|c Oumar Diallo, Boileau Loko, Kangni Kpodar.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2007.
|
| 300 |
|
|
|a 1 online resource (21 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a The Government of Algeria has pursed a relatively expansionary fiscal policy in recent years, thanks to rising oil prices and revenues. The paper explores the potential effects of such a stance on real exchange rate and uncovers a relatively small appreciating effect of increased government capital expenditure. This is explained by the fact that a significant share of capital spending falls into tradable imported goods. However, the envisaged increase in capital spending, if well designed and implemented, might in the long-run translate into rising operations and maintenance expenditure-mostly nontradable goods-thereby causing a higher real appreciation. This implies that Algeria should carefully consider the implications of its public investment program on recurrent expenditure.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Kpodar, Kangni.
|
| 700 |
1 |
|
|a Loko, Boileau.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2007/286
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2007/286/001.2007.issue-286-en.xml
|z IMF e-Library
|