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Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries The Case of Suriname

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...

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Bibliographic Details
Main Author: Kanda, Daniel
Other Authors: Mansilla, Mario
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:IMF Working Papers
Subjects:
Fiscal Stance
Output Gap
Natural Resources
Environment
Fiscal Policy
Agricultural And Natural Resource Economics
Production
Exhaustible Resources And Economic Development
Non-renewable Resources
Environmental Management
Nonrenewable Resources And Conservation: General
Macroeconomics: Production
Fiscal Sustainability
Forecasts Of Budgets, Deficits, And Debt
Macroeconomics
Environmental And Ecological Economics: General
Economic Theory
Production And Operations Management
Suriname
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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
Physical Description:21 pages
ISBN:9781498364614

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