Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries

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  • Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries Book Detail

  • Author : Mr.Daniel Kanda
  • Release Date : 2014-07-10
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 21
  • ISBN 13 : 1498364616
  • File Size : 74,74 MB

Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries by Mr.Daniel Kanda PDF Summary

Book Description: This paper first attempts to quantify the natural resource wealth of Suriname from the perspective of its impact on the fiscal position, and then assesses the fiscal sustainability gap in that context. It then presents models to address the question of the optimal path of fiscal consolidation given the outlook for natural resource wealth, macroeconomic conditions, and country authority preferences.

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Asset Booms and Structural Fiscal Positions

Asset Booms and Structural Fiscal Positions

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Asset booms and sectoral changes can distort traditional estimates of structural fiscal revenue, and could lead to serious fiscal policy errors. This paper exte