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Afghanistan; Balancing Social and Security Spending in the Context of Shrinking Resource Envelope

Aslam, Aqib; Berkes, Enrico; Fukac, Martin; Menkulasi, Jeta - International Monetary Fund (IMF) - 2013

For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the security-development tradeoff facing the government in its effort to rehabilitate...

Persistent link: https://www.econbiz.de/10011242233

Infrastructure and Income Distribution in ASEAN-5; What are the Links?

Seneviratne, Dulani; Sun, Yan - International Monetary Fund (IMF) - 2013

Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …

Persistent link: https://www.econbiz.de/10011242245

Investment Scaling-up and the Role of Government: the Case of Benin

Ghilardi, Matteo; Sola, Sergio - International Monetary Fund (IMF) - 2015

This paper studies the fiscal implications for the Beninese economy of scaling up of public investment when the government is subject to inefficiencies on the spending and on the tax collection side. While scaling up of public investments results in higher long-run output and consumption levels,...

Persistent link: https://www.econbiz.de/10011242315

Natural Resources, Volatility, and Inclusive Growth; Perspectives From the Middle East and North Africa

Nabli, Mustapha K.; Arezki, Rabah - International Monetary Fund (IMF) - 2012

This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on...

Persistent link: https://www.econbiz.de/10011242320

Public Investment, Growth, and Debt Sustainability; Putting together the Pieces

Berg, Andrew; Portillo, Rafael; Buffie, Edward F.; … - International Monetary Fund (IMF) - 2012

We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv)...

Persistent link: https://www.econbiz.de/10011242330

The East African Community; Prospects for Sustained Growth

McAuliffe, Catherine; Saxena, Sweta Chaman; Yabara, Masafumi - International Monetary Fund (IMF) - 2012

reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these …

Persistent link: https://www.econbiz.de/10011242354

As You sow so Shall You Reap; Public Investment Surges, Growth, and Debt Sustainability in togo

David, Antonio; Zanna, Luis-Felipe; Espinoza, Raphael A.; … - International Monetary Fund (IMF) - 2012

This paper presents an analysis of the public investment scaling-up strategy for Togo using a dynamic macroeconomic model that explicitly analyzes the links between public investment, economic growth, and debt sustainability. In the model, public capital is productive and complementary to...

Persistent link: https://www.econbiz.de/10011242420

Pressing the Indian Growth Accelerator: Policy Imperatives

Mohan, Rakesh; Kapur, Muneesh - International Monetary Fund (IMF) - 2015

acceleration of investment in transport and infrastructure. The immediate priority is to achieve the kind of fiscal quality and low …

Persistent link: https://www.econbiz.de/10011242441

Government Investment and Fiscal Stimulus

Yang, Shu-Chun S.; Walker, Todd B.; Leeper, Eric M. - International Monetary Fund (IMF) - 2010

Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: implementation delays for building public capital and expected fiscal adjustments to...

Persistent link: https://www.econbiz.de/10008680271

Post-Crisis Fiscal Policy Priorities for the AsEAN-5

International Monetary Fund (IMF); International … - 2010

context, the paper highlights the need for fiscal policies to address infrastructure gaps, stimulate private consumption and … public spending rather than increasing borrowing. Supporting structural reforms, aiming to stimulate private infrastructure …

Persistent link: https://www.econbiz.de/10008727808