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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Alter, Adrian
Outros autores: Ghilardi, Matteo, Hakura, Dalia
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/236
Acceso en liña:Full text available on IMF