Working Paper

Collect More, Spend Better : Public Investment in Asian Frontier Markets

author(s) Ghazanchyan, M. - Marto, R. - Jonas, J. - Douglass, K.
from UK Foreign, Commonwealth & Development Office (FCDO)
permalink open
themes
regions
  • South-Eastern Asia
  • Asia
  • World
  • Southern Asia
citation

Manuk Ghazanchyan, Ricardo Marto, Jiri Jonas, Kaitlyn Douglass (2017) Collect More, Spend Better : Public Investment in Asian Frontier Markets. IMF Working Paper No. 17/10

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Abstract

The authors use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt sustainability for 3 fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. This work is part of the ‘Macroeconomics in Low-income countries’ programme

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