How Long to Read Efficient Energy Investment and Fiscal Adjustment in Senegal

How Long Does it Take to Read Efficient Energy Investment and Fiscal Adjustment in Senegal?

It takes the average reader and 44 minutes to read Efficient Energy Investment and Fiscal Adjustment in Senegal by Salifou Issoufou

Assuming a reading speed of 250 words per minute. Learn more

Description

Senegal's fiscal deficit and public debt have been on the rise in recent years owing partly to an ailing and inefficient oil-based energy sector. In this paper we use a two-sector, open-economy, dynamic general equilibrium model to investigate the effects of varying fiscal policy instruments one at a time and of policy packages that increase public investment in energy and infrastructure in scenarios with varying degrees of debt finance and with different types of supporting fiscal adjustment. Lowering the fiscal deficit by raising taxes and cutting government expenditure has adverse effects on growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal adjustment. A public investment program that coordinates new investment in low-cost hydroelectric, coal or gas-fired power with a phased contraction of the oil-based sector raises the total supply of energy by 70 percent, increases real wages and real GDP, stimulates private investment, and significantly reduces the fiscal deficit in the medium long term. More aggressive investment programs borrow against future fiscal gains to combine new energy investments with either delayed or frontloaded investments in non-energy infrastructure. These programs lead to much higher real wages and real GDP while keeping public debt sustainable and the fiscal deficit low in the medium and long term.

How long is Efficient Energy Investment and Fiscal Adjustment in Senegal?

Efficient Energy Investment and Fiscal Adjustment in Senegal by Salifou Issoufou is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Efficient Energy Investment and Fiscal Adjustment in Senegal Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Efficient Energy Investment and Fiscal Adjustment in Senegal aloud.

What Reading Level is Efficient Energy Investment and Fiscal Adjustment in Senegal?

Efficient Energy Investment and Fiscal Adjustment in Senegal is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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Efficient Energy Investment and Fiscal Adjustment in Senegal by Salifou Issoufou is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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