|
|
|
|
| LEADER |
02016cas a2200265 a 4500 |
| 001 |
AALejournalIMF013649 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781484318256
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Samake, Issouf.
|
| 245 |
1 |
0 |
|a Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries :
|b The Case of Cameroon /
|c Issouf Samake, Priscilla Muthoora, Bruno Versailles.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2013.
|
| 300 |
|
|
|a 1 online resource (35 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 This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on growth and on the path of key fiscal indicators, such as the non-oil primary deficit and public debt. Policy scenarios show that Cameroon's large infrastructural needs and relatively low current debt levels could justify a temporary deviation from traditional policy advice that suggests saving part of the oil revenue to smooth expenditure over time. Model simulations show that a relatively high degree of efficiency of public investment is needed for scaled-up public investment to make a significant contribution to growth, while maintaining fiscal sustainability.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Muthoora, Priscilla.
|
| 700 |
1 |
|
|a Versailles, Bruno.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2013/144
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2013/144/001.2013.issue-144-en.xml
|z IMF e-Library
|