Fiscal Sustainability in Heavily Indebted Countries Dependenton Nonrenewable Resources : The Case of Gabon

The Case of Gabon

Fiscal Sustainability in Heavily Indebted Countries Dependenton Nonrenewable Resources : The Case of Gabon
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... READ MORE...

Publication date: February 2004
ISBN 9781451844948
$15.00

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