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Calculating Sustainable Non-mineral Balances as Benchmarks for Fiscal Policy.
Assuming a social welfare function that smoothes expenditure, this paper calculates a sustainability benchmark for the non-mineral balance in Botswana that is based on a notion of a ""permanent income"" from non-renewable resources. It is derived by constructing a hypothetical an...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2008.
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| Colección: | IMF Working Papers.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 020 | |a 9781451914313 | ||
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| 100 | 1 | |a Clausen, Jens R. | |
| 245 | 1 | 0 | |a Calculating Sustainable Non-mineral Balances as Benchmarks for Fiscal Policy. |
| 260 | |a Washington : |b International Monetary Fund, |c 2008. | ||
| 300 | |a 1 online resource (17 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a I. Introduction; II. Fiscal Policy in Resource-Rich Countries:; A. International Experience; B. The Permanent Income Hypothesis; C. Mathematical Representation of How to Calculate Benchmarks; III. The Case of Botswana; A. Background; B. Calculating Sustainable Non-mineral Balances for Botswana; Figures; 1 Botswana: Mineral Revenues, Annuity, and Asset Accumulation; Table; 1. Botswana: Fiscal Sustainability Benchmarks; C. Sensitivity Analysis; 2. Botswana: Sensitivity Analysis for Benchmarked Balances; 3. Botswana: Mineral Revenues, Annuity, and Asset Accumulation; IV. Conclusions. | |
| 504 | |a References. | ||
| 520 | |a Assuming a social welfare function that smoothes expenditure, this paper calculates a sustainability benchmark for the non-mineral balance in Botswana that is based on a notion of a ""permanent income"" from non-renewable resources. It is derived by constructing a hypothetical annuity from revenues from these resources, which is held constant in terms of GDP. Botswana is an interesting case because current projections suggest that diamond resources could be largely exhausted within a generation. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Fiscal policy |z Botswana. | |
| 650 | 0 | |a Revenue |z Botswana. | |
| 651 | 0 | |a Botswana |x Economic conditions |y 1966- | |
| 650 | 6 | |a Politique fiscale |z Botswana. | |
| 650 | 6 | |a Revenus de l'État |z Botswana. | |
| 651 | 6 | |a Botswana |x Conditions économiques |y 1966- | |
| 650 | 7 | |a Economic history |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 650 | 7 | |a Revenue |2 fast | |
| 651 | 7 | |a Botswana |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJwMDXJ6Fk6tr4HrQd7PwC | |
| 648 | 7 | |a Since 1966 |2 fast | |
| 758 | |i has work: |a Calculating sustainable non-mineral balances as benchmarks for fiscal policy (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFK9RVmxMyTW6T6jxht9pd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Clausen, Jens R. |t Calculating Sustainable Non-mineral Balances as Benchmarks for Fiscal Policy: The Case of Botswana. |d Washington : International Monetary Fund, ©2008 |z 9781451869774 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1607868 |z Texto completo |
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