Coverart for item
The Resource Investment scaling-up and the role of government : the case of Benin, prepared by Matteo F. Ghilardi and Sergio Sola

Investment scaling-up and the role of government : the case of Benin, prepared by Matteo F. Ghilardi and Sergio Sola

Label
Investment scaling-up and the role of government : the case of Benin
Title
Investment scaling-up and the role of government
Title remainder
the case of Benin
Statement of responsibility
prepared by Matteo F. Ghilardi and Sergio Sola
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
This paper studies the fiscal implications for the Beninese economy of scaling up of public investment when the government is subject to inefficiencies on the spending and on the tax collection side. While scaling up of public investments results in higher long-run output and consumption levels, a fiscal stabilization package is required in order to preserve fiscal sustainability. A welfare analysis shows that consumers' welfare is increased when the government smoothes the fiscal adjustment via higher borrowing. Moreover, the comparison between several stabilization packages highlights the fact that higher welfare is achieved when the government relies mostly on taxation of capital as this allows higher levels of consumption to materialize earlier. Lower fiscal costs can however be achieved if the government manages to reduce inefficiency in tax collection. Finally, we consider a change in the trade regime that causes a decline in revenues. We find that the higher fiscal burden required to preserve fiscal sustainability would completely wipe out the welfare gain of higher public investments. --Abstract
Member of
Cataloging source
DJB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Ghilardi, Matteo F
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 No. 15/69 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Sola, Sergio
  • International Monetary Fund
  • International Monetary Fund
Series statement
IMF Working Paper
Series volume
WP/15/69
http://library.link/vocab/subjectName
  • Infrastructure (Economics)
  • Fiscal policy
  • Public investments
  • Public welfare
  • Fiscal policy
  • Infrastructure (Economics)
  • Public investments
  • Public welfare
  • Benin
Label
Investment scaling-up and the role of government : the case of Benin, prepared by Matteo F. Ghilardi and Sergio Sola
Instantiates
Publication
Copyright
Note
  • "March 2015."
  • "Research Department and Strategy, Policy and Review Department."
Bibliography note
Includes bibliographical references (pages 28-29)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
905903700
Extent
1 online resource (30 pages)
Form of item
online
Isbn
9781484304549
Issn
1018-5941
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484304549.001
Other physical details
color illustrations
Specific material designation
remote
System control number
  • imfWPIEA2015069
  • (IMF)WPIEA2015069
  • (OCoLC)905903700
Label
Investment scaling-up and the role of government : the case of Benin, prepared by Matteo F. Ghilardi and Sergio Sola
Publication
Copyright
Note
  • "March 2015."
  • "Research Department and Strategy, Policy and Review Department."
Bibliography note
Includes bibliographical references (pages 28-29)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
905903700
Extent
1 online resource (30 pages)
Form of item
online
Isbn
9781484304549
Issn
1018-5941
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484304549.001
Other physical details
color illustrations
Specific material designation
remote
System control number
  • imfWPIEA2015069
  • (IMF)WPIEA2015069
  • (OCoLC)905903700

Library Locations

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