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Natural gas, public investment and debt sustainability in Mozambique
Melina, Giovanni; Yi Xiong - 2013
Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes andother fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue. Recent developments in the natural resource sector have triggered a fresh round of...
Persistent link: https://www.econbiz.de/10010233187
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Natural Gas, Public Investment and Debt Sustainability in Mozambique
Melina, Giovanni - 2013
Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes and other fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue. Recent developments in the natural resource sector have triggered a fresh round of...
Persistent link: https://www.econbiz.de/10014394435
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Emerging economy business cycles : financial integration and terms of trade shocks
Bhattacharya, Rudrani; Patnaik, Ila; Pundit, Madhavi - 2013
an economy that faces trade shocks, business cycle volatility reduces. For an economy with limited financial openness …
Persistent link: https://www.econbiz.de/10011705394
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Credit constraints, productivity shocks and consumption volatility in emerging economies
Bhattacharya, Rudrani; Patnaiky, Ila - 2013
Persistent link: https://www.econbiz.de/10009756786
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Credit Constraints, Productivity Shocks and Consumption Volatility in Emerging Economies
Bhattacharya, Rudrani - 2013
How does access to credit impact consumption volatility? Theory and evidence from advanced economies suggests that … volatile than income, indicates that financial reform further increases the volatility of consumption relative to output. We … consumption volatility. Calibration of the model for pre and post financial reform in India provides support for the model's key …
Persistent link: https://www.econbiz.de/10014395178