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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Clausen, Jens R.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2008.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo