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Title Burkina Faso : selected issues / prepared by Chris Geiregat [and others]
Published [Washington, D.C.] : International Monetary Fund, ©2008

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Description 1 online resource (69 pages) : illustrations (some color)
Series IMF country report, 2227-8907 ; no. 08/169
IMF country report ; no. 08/169.
Contents Cover; Contents; I. Public Investment and Growth in Burkina Faso; A. Introduction; Figures; I.1. Capital Expenditures and Net Lending, 2001-10; B.A Neoclassical Model with Public Investment; C. Steady-State Growth; Growth through productivity shocks-a baseline scenario; I.2. Response to Productivity Shock; Growth through private sector capital deepening; I.3. Response to Private Savings Shock; I.4. Capital-Output Ratios Over Different Development Stages; Growth through grant-financed public investment; I.5. Response to Public Capital Shock; Growth through tax-financed public investment
I.6. Savings and Investment Shares in GDP as Function of Tax RateI. 7. Selected Steady-State Variables as Function of Tax Rate; I.8. Response to Tax Rate Shock; D. Growth as Convergence to Steady State; I.9. Convergence to Steady State; E. Which Growth Process is more Relevant for a Country like Burkina Faso?; Steady-state growth and its application to Burkina Faso; Growth through convergence in the case of Burkina Faso; Which of the two views is more relevant for Burkina Faso?; F. Empirical Evidence on the Growth Effects of Public Investment; Text Tables
I.1. Summary of Studies on the Growth Effect of Public InvestmentG. Conclusion and Implications for Burkina Faso; I.10. Growth Effect of Public Investment-Summary of Empirical Evidence; I.11. Growth Effect of Higher Public Investment in Burkina Faso; References; II. Assessing Competitiveness in Burkina Faso; A. Introduction; B. Assessing External Competitiveness: The Literature; II. 1. Terms of Trade and Selected Real and Nominal Exchange Rates, 1980-2006; Modeling the REER; C. Methodology; The model; The data; II. 2. Data Patterns, 1980-2006; Estimating techniques; D. Regression Results
II. 1. Estimated Coefficients, ARDL Approach, Best ModelII. 3. REER and EREER Estimates, 1980-2006; II. 4. Misalignment Estimates, 1980-2006; E. Other Approaches to Assessing External Sustainability; II. 5. Current Accont Balance, 1980-2006; F. Survey Based Indicators of Overall Competitiveness; The Global Competitiveness Index; The Doing Business Indicators; II. 2. Indicators of Non-Price Competitiveness, 2006-07; II. 6. Doing Business Indicators, 2007; Indicators of governance quality; II. 7. Governance Indicators; Investment climate assessment; G. Summary and Conclusions; References; Tables
II. 1. Long Run Estimates from Alternative Specifications of LagsIII. Vulnerabilities Related to Rainfall and Terms of Trade Variations; A. Introduction; B. Rainfall Variation; Stylized facts; III. 1. Rainfall in Ouagadougou, Bamako, and Niamey, 1979-2005; The impact of rainfall variation on output and prices; III. 2. Response of Real GDP and Prices (CPI) to Rainfall Shocks, 1980-2005; C. Shocks to the Terms of Trade; Stylized facts; III. 3. Response of Prices to Rainfall Shocks, 1998-2007 (April); III. 4. Terms of Trade, 1995-2006; III. 5. Contribution to Changes in the Terms of Trade, 1995-2006
Summary In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries
Notes "Prepared by Chris Geiregat, Jan Gottschalk, Martin Petri, Jian Guang Shen, Charles Amo Yartey, and Mario Zejan."
"May 2008"--Cover
"Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country."
Bibliography Includes bibliographical references
Notes Print version record
Subject Public investments -- Burkina Faso
Economic development -- Burkina Faso
Competition -- Burkina Faso
Rain and rainfall -- Economic aspects -- Burkina Faso
Mines and mineral resources -- Burkina Faso
Commerce
Competition
Economic development
Economic history
Economic policy
Mines and mineral resources
Public investments
SUBJECT Burkina Faso -- Commerce
Burkina Faso -- Economic policy
Burkina Faso -- Economic conditions
Subject Burkina Faso
Form Electronic book
Author Geiregat, Chris R. A., author.
International Monetary Fund, issuing body.
ISBN 1280894253
9781280894251
9781452719634
1452719632