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 |
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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 |