Public Investment in a Developing Country Facing Resource Depletion

Public Investment in a Developing Country Facing Resource Depletion
This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of Congo, a developing country with looming oil exhaustibility concerns. Our results highlight the risks to fiscal and capital sustainability of oil exporting countries from large scaling-up in public investment and oil price volatility in view of a... READ MORE...

Publication date: November 2015
ISBN 9781513530253
$18.00

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