Burkina Faso [electronic resource] : Selected Issues.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 08/169Publication details: Washington, D.C. : International Monetary Fund, 2008Description: 1 online resource (71 p.)ISBN: 1451803958 :ISSN: 1934-7685Subject(s): Capital Accumulation | Capital Stock | Public Capital | Tax Rate | Burkina FasoAdditional physical formats: Print Version:: Burkina Faso : Selected IssuesOnline resources: IMF e-Library | IMF Book Store Abstract: This paper assesses the link between public investment and economic growth in Burkina Faso. It also evaluates Burkina Faso's external competitiveness by using a comparison of REER to its equilibrium levels and a survey-based assessment of overall competitiveness. The report attempts to quantify the impact of rainfall and terms-of-trade shocks on the Burkinabe economy and draws policy measures to lessen external shocks. The report assesses that industrial mining has become a source of foreign exchange and government revenue, which requires transparent management and accountability.
This paper assesses the link between public investment and economic growth in Burkina Faso. It also evaluates Burkina Faso's external competitiveness by using a comparison of REER to its equilibrium levels and a survey-based assessment of overall competitiveness. The report attempts to quantify the impact of rainfall and terms-of-trade shocks on the Burkinabe economy and draws policy measures to lessen external shocks. The report assesses that industrial mining has become a source of foreign exchange and government revenue, which requires transparent management and accountability.
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