Burkina Faso; Selected Issues
This paper assesses the link between public investment and economic growth in Burkina Faso. It also evaluates Burkina Faso's external competitiveness by using a comparison of REER to its equilibrium levels and a survey-based assessment of overall competitiveness. The report attempts to quantify the impact of rainfall and terms-of-trade shocks on the Burkinabe economy and draws policy measures to lessen external shocks. The report assesses that industrial mining has become a source of foreign exchange and government revenue, which requires transparent management and accountability.
Year of publication: |
2008-05-28
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Selected issues | Public investment | Economic growth | Real effective exchange rates | Global competitiveness | Terms of trade | private capital | private investment | tax rate | tax revenue | diminishing returns | budget constraint | investment rate | capital expenditures | internal rate of return | rate of return | capital investments | government budget constraint | judicial system | current expenditures | government revenue | investment growth | government policies | external borrowing | national accounts | foreign investment |
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