Public Investment in a Developing Country Facing Resource Depletion /

This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of Congo, a developing country with looming oil exhaustibility concerns. Our results highlight the risks to fiscal and capital sustainability of oil exporting countries from large scaling-up in public inves...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Alter, Adrian
Weitere Verfasser: Ghilardi, Matteo, Hakura, Dalia
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/236
Online Zugang:Full text available on IMF