Public Investment, Growth, and Debt Sustainability : Putting together the Pieces /
We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv) the...
Main Author: | |
---|---|
Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2012.
|
Series: | IMF Working Papers; Working Paper ;
No. 2012/144 |
Online Access: | Full text available on IMF |