Investing in Electricity, Growth, and Debt Sustainability : The Case of Lesotho /
This paper analyses a large public investment in a construction of a hydropower plant in Lesotho and its implications on the growth and debt sustainability. The paper employs an open economy dynamic general equilibrium model to assess the benefits of a large public investment through growth-enhancin...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2016.
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Series: | IMF Working Papers; Working Paper ;
No. 2016/115 |
Online Access: | Full text available on IMF |