Description |
1 online resource (69 pages) : illustrations (some color) |
Series |
IMF country report, 2227-8907 ; no. 08/169 |
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IMF country report ; no. 08/169.
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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 |
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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 |
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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 |
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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 |
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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." |
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"May 2008"--Cover |
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"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
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Economic development -- Burkina Faso
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Competition -- Burkina Faso
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Rain and rainfall -- Economic aspects -- Burkina Faso
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Mines and mineral resources -- Burkina Faso
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Commerce
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Competition
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Economic development
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Economic history
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Economic policy
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Mines and mineral resources
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Public investments
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SUBJECT |
Burkina Faso -- Commerce
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Burkina Faso -- Economic policy
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Burkina Faso -- Economic conditions
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Subject |
Burkina Faso
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Form |
Electronic book
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Author |
Geiregat, Chris R. A., author.
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International Monetary Fund, issuing body.
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ISBN |
1280894253 |
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9781280894251 |
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9781452719634 |
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1452719632 |
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