Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources The Case Of Gabon


Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources The Case Of Gabon
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Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources The Case Of Gabon


Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources The Case Of Gabon
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Author : Joseph Ntamatungiro
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2004-02-01

Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources The Case Of Gabon written by Joseph Ntamatungiro and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-01 with categories.


This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible with an objective for reducing the debt-to-non-oil GDP ratio; (ii) introducing a constant oil-based income transfer per capita allowing intergenerational equity; and (iii) building up an oil savings fund. Long-term simulations show that Gabon's fiscal position is fragile and that a fiscal policy path consistent with the proposed framework could help achieve comfortable levels of net wealth.



Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources


Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources
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Author : Joseph Ntamatungiro
language : en
Publisher:
Release Date : 2014

Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources written by Joseph Ntamatungiro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.


This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible with an objective for reducing the debt-to-non-oil GDP ratio; (ii) introducing a constant oil-based income transfer per capita allowing intergenerational equity; and (iii) building up an oil savings fund. Long-term simulations show that Gabon's fiscal position is fragile and that a fiscal policy path consistent with the proposed framework could help achieve comfortable levels of net wealth.



Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources


Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources
DOWNLOAD

Author : Joseph Ntamatungiro
language : en
Publisher:
Release Date : 2004

Fiscal Sustainability In Heavily Indebted Countries Dependent On Nonrenewable Resources written by Joseph Ntamatungiro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Debts, Public categories.




Regional Economic Outlook October 2007 Sub Saharan African


Regional Economic Outlook October 2007 Sub Saharan African
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2007-10-15

Regional Economic Outlook October 2007 Sub Saharan African written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-15 with Business & Economics categories.


The region's prospects look strong. Growth in sub-Saharan Africa should reach 6 percent in 2007 and 63⁄4 percent in 2008. The economic expansion is strongest in oil exporters but cuts across all country groups. This would extend a period of very good performance. In recent years, sub-Saharan Africa has been experiencing its strongest growth and lowest inflation in over 30 years.



Regional Economic Outlook Fall 2006 Sub Saharan Africa Supplement


Regional Economic Outlook Fall 2006 Sub Saharan Africa Supplement
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2006-05-03

Regional Economic Outlook Fall 2006 Sub Saharan Africa Supplement written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-05-03 with Business & Economics categories.


Provides a broad synopsis of recent economic developments in the Middle East and Central Asia region, highlighting common trends and policies among countries in the region, and reviewing prospects and policies for the coming year. Includes a statistical appendix.





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Author :
language : en
Publisher: World Bank Publications
Release Date :

written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Regional Economic Outlook April 2008 Sub Saharan Africa


Regional Economic Outlook April 2008 Sub Saharan Africa
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2008-04-14

Regional Economic Outlook April 2008 Sub Saharan Africa written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-14 with Business & Economics categories.


The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 61⁄2 percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 81⁄2 percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.



Publications Catalog


Publications Catalog
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2004

Publications Catalog written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with International finance categories.




Imf Survey


Imf Survey
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2004

Imf Survey written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with International finance categories.




Index To International Statistics


Index To International Statistics
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Author :
language : en
Publisher:
Release Date : 2005

Index To International Statistics written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Statistics categories.