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...

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Bibliographic Details
Main Author: Alter, Adrian
Other Authors: Ghilardi, Matteo, Hakura, Dalia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/236
Online Access:Full text available on IMF