How Long to Read Public Investment in a Developing Country Facing Resource Depletion

By Adrian Alter

How Long Does it Take to Read Public Investment in a Developing Country Facing Resource Depletion?

It takes the average reader and 35 minutes to read Public Investment in a Developing Country Facing Resource Depletion by Adrian Alter

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

Description

This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of Congo, a developing country with looming oil exhaustibility concerns. Our results highlight the risks to fiscal and capital sustainability of oil exporting countries from large scaling-up in public investment and oil price volatility in view of a projected decline in the oil revenue to GDP ratio. However, structural reforms that improve the efficiency of public investment can allow for a relatively faster buildup of sustainable public capital and sustain higher non-oil growth without adversely affecting the debt ratio or savings. Moreover, we show that even if a government pursues prudent fiscal policy that preserves resource wealth and debt sustainability in the face of exhaustible and volatile resource revenues, low public investment quality in the form of a misallocation of resources can hinder attainment of sustainable public capital and positive non-oil growth.

How long is Public Investment in a Developing Country Facing Resource Depletion?

Public Investment in a Developing Country Facing Resource Depletion by Adrian Alter 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.

How Long Does it Take to Read Public Investment in a Developing Country Facing Resource Depletion Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Public Investment in a Developing Country Facing Resource Depletion aloud.

What Reading Level is Public Investment in a Developing Country Facing Resource Depletion?

Public Investment in a Developing Country Facing Resource Depletion 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.

Where Can I Buy Public Investment in a Developing Country Facing Resource Depletion?

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