How Long to Read Public Investment in Resource-Abundant Developing Countries

How Long Does it Take to Read Public Investment in Resource-Abundant Developing Countries?

It takes the average reader and 49 minutes to read Public Investment in Resource-Abundant Developing Countries by Mr. Andrew Berg

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

Description

Natural resource revenues provide a valuable source to finance public investment in developing countries, which frequently face borrowing constraints and tax revenue mobilization problems. This paper develops a dynamic stochastic small open economy model to analyze the macroeconomic effects of investing natural resource revenues, making explicit the role of pervasive features in these countries including public investment inefficiency, absorptive capacity constraints, Dutch disease, and financing needs to sustain capital. Revenue exhaustibility raises medium-term issues of how to sustain capital built during a windfall, while revenue volatility raises short-term concerns about macroeconomic instability. Using the model, country applications show how combining public investment with a resource fund---a sustainable investing approach---can help address the macroeconomic problems associated with both exhaustibility and volatility. The applications also demonstrate how the model can be used to determine the appropriate magnitude of the investment scaling-up (accounting for the financing needs to sustain capital) and the adequate size of a stabilization fund (buffer).

How long is Public Investment in Resource-Abundant Developing Countries?

Public Investment in Resource-Abundant Developing Countries by Mr. Andrew Berg is 48 pages long, and a total of 12,384 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Public Investment in Resource-Abundant Developing Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read Public Investment in Resource-Abundant Developing Countries aloud.

What Reading Level is Public Investment in Resource-Abundant Developing Countries?

Public Investment in Resource-Abundant Developing 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.

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

Where Can I Buy Public Investment in Resource-Abundant Developing Countries?

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