This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open...

This study evaluates the technical efficiency and productivity of a sample of public sector hospitals in three provinces of South Africa using the non-parametric techniques of data envelopment analysis (DEA) and DEA-based Malmquist Productivity Index (MPI).

Despite relatively fast economic growth over the past few years, Cape Verde’s public debt to GDP ratio has risenrapidly. Achieving an appropriate balance among public investment, growth, and debt sustainability has become a priority for the Cape Verdean authorities. The IMF-World Bank...