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Public investment in resource-abundant developing countrie

By:

Berg, Andrew [et al]

Material type: Text

TextPublication details: 2013Action note:

8/15/13 SANDRAW

Summary: Develops a dynamic stochastic model to analyse the macroeconomic effects of investing resource revenues, making explicit the role of public investment inefficiency, absorptive capacity constraints, Dutch disease and financing needs to sustain capital. Demonstrates how the model can be used to determine the appropriate magnitude of the investment scaling-up and the adequate size of a stabilisation fund.

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Holdings
Item type	Current library	Call number	Status	Barcode
Analytic	CARICOM Documentation Centre	Serial (Browse shelf(Opens below))	Available	0000000030400

Develops a dynamic stochastic model to analyse the macroeconomic effects of investing resource revenues, making explicit the role of public investment inefficiency, absorptive capacity constraints, Dutch disease and financing needs to sustain capital. Demonstrates how the model can be used to determine the appropriate magnitude of the investment scaling-up and the adequate size of a stabilisation fund.

8/15/13 SANDRAW

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