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Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries.

Author: Daniel Kanda; Mario Mansilla
Publisher: Washington : International Monetary Fund, 2014.
Series: IMF Working Papers.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
This paper first attempts to quantify the natural resource wealth of Suriname from the perspective of its impact on the fiscal position, and then assesses the fiscal sustainability gap in that context. It then presents models to address the question of the optimal path of fiscal consolidation given the outlook for natural resource wealth, macroeconomic conditions, and country authority preferences.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Kanda, Daniel.
Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries: The Case of Suriname.
Washington : International Monetary Fund, ©2014
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Daniel Kanda; Mario Mansilla
ISBN: 9781498307130 1498307132
OCLC Number: 886114223
Description: 1 online resource (22 pages).
Contents: Cover; Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries: The Case of Suriname; Abstract; I. BACKGROUND; A. Mineral Resources of Suriname; II. ESTIMATING THE MINERAL WEALTH OF SURINAME; III. FISCALLY SUSTAINABLE POLICIES FOR SURINAME; A. The Permanent Income Hypothesis; B. Inter-Temporal Budget Constraint; IV. OPTIMAL FISCAL CONSOLIDATION PATHS; A. Calibration of the Model; B. Model Predictions; C. Sensitivity of Model Predictions; V. FINAL REMARKS; REFERENCES.
Series Title: IMF Working Papers.

Abstract:

This paper first attempts to quantify the natural resource wealth of Suriname from the perspective of its impact on the fiscal position, and then assesses the fiscal sustainability gap in that context. It then presents models to address the question of the optimal path of fiscal consolidation given the outlook for natural resource wealth, macroeconomic conditions, and country authority preferences.

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