It takes the average reader and 35 minutes to read Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries by Issouf Samaké
Assuming a reading speed of 250 words per minute. Learn more
This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on growth and on the path of key fiscal indicators, such as the non-oil primary deficit and public debt. Policy scenarios show that Cameroon’s large infrastructural needs and relatively low current debt levels could justify a temporary deviation from traditional policy advice that suggests saving part of the oil revenue to smooth expenditure over time. Model simulations show that a relatively high degree of efficiency of public investment is needed for scaled-up public investment to make a significant contribution to growth, while maintaining fiscal sustainability.
Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries by Issouf Samaké is 35 pages long, and a total of 8,925 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries aloud.
Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries 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.
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