Harnessing Resource Wealth for Inclusive Growth in Fragile States

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Harnessing Resource Wealth for Inclusive Growth in Fragile States is written by Corinne Deléchat and published by . It's available with International Standard Book Number or ISBN identification 1498360963 (ISBN 10) and 9781498360968 (ISBN 13).

Like other fragile sub-Saharan African countries, Côte d'Ivoire, Guinea, Liberia, and Sierra Leone are seeking to harness their natural resource potential in the context of ambitious development strategies. This study investigates options for scaling up public investment and expanding social safety nets in a general equilibrium setting. First, it assesses the macro-fiscal implications of alternative fiscal rules for public investment, and, second, it explicitly accounts for redistribution through direct cash transfers. Results show that a sustainable non-resource deficit target is robust to th