Modeling appropriate fiscal targets and optimal consolidation paths for resource-rich countries : the case of Suriname

Daniel Kanda and Mario Mansilla

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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Year of publication:	2014
Authors:	Kanda, Daniel ; Mansilla, Mario
Publisher:	Washington, DC : IMF
Subject:	Rohstoffreichtum \| Resource wealth \| Haushaltskonsolidierung \| Fiscal consolidation \| Finanzpolitik \| Fiscal policy \| Wirtschaftspolitisches Ziel \| Economic target \| Suriname

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Extent:	Online-Ressource (21 S.) graph. Darst.
Series:	IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. 14/121
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Description based upon print version of record Systemvoraussetzungen: Acrobat Reader 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
ISBN:	978-1-4983-6461-4
Other identifiers:	10.5089/9781498364614.001 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010387321