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Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue

Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue »

Source: Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue

Volume/Issue: 2008/80

Series: IMF Working Papers

Author(s): Olivier Basdevant

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

ISBN: 9781451869415

Keywords: permanent income hypothesis, diamond-related fiscal revenue, expenditure, fiscal revenue, government expenditure, fiscal rule, fiscal adjustment,

This study assesses the sustainability of Botswana’s diamond-related fiscal revenue. Diamond reserves are not adequate to generate enough permanent revenue to sustain a high level of expenditure. Under the c...

Bank activity: New approach to World Bank management; recent IDA credits and Bank loans

Bank activity: New approach to World Bank management; recent IDA credits and Bank loans »

Source: Finance & Development, March 1982

Volume/Issue: 19/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1982

ISBN: 9781616353483

Keywords: bank loans, government expenditures, structural adjustment, bank management

This paper highlights that important changes have been made in the World Bank's management systems since Mr. A. W. Clausen became President in July 1981. The changes reflect Mr. Clausen's belief that there needs to...

Benchmarking the Efficiency of Public Expenditure in the Russian Federation

Benchmarking the Efficiency of Public Expenditure in the Russian Federation »

Source: Benchmarking the Efficiency of Public Expenditure in the Russian Federation

Volume/Issue: 2007/246

Series: IMF Working Papers

Author(s): David Hauner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2007

ISBN: 9781451868098

Keywords: government expenditure, public sector efficiency, fiscal federalism, Russia, expenditure, public spending, public expenditure, health expenditure, health care,

This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country's regions. It finds that there is substantial room for ef...

Book notices

Book notices »

Source: Finance & Development, March 1982

Volume/Issue: 19/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1982

ISBN: 9781616353483

Keywords: bank loans, government expenditures, structural adjustment, bank management

This paper highlights that important changes have been made in the World Bank's management systems since Mr. A. W. Clausen became President in July 1981. The changes reflect Mr. Clausen's belief that there needs to...

Back Matter

Back Matter »

Source: Boom, Bust or Prosperity? Managing Sub-Saharan Africa's Natural Resource Wealth

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren , Alun Thomas , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 October 2013

Language: Portuguese

ISBN: 9781484397466

Keywords: oil, minerals, fiscal framework, governance, resource curse, Dutch disease, taxation, investment efficiency, capacity, extractive industries

Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African...

Botswana

Botswana »

Source: Botswana : Selected Issues and Statistical Appendix

Volume/Issue: 2007/228

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 July 2007

ISBN: 9781451806465

Keywords: government expenditure, international monetary fund, fiscal policy, budget constraint

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to generate enough permanent revenue to support the current level of expenditure. Despite strong over...

Botswana

Botswana »

Source: Botswana : Technical Assistance Report-Introducing a Medium-Term Expenditure Framework

Volume/Issue: 2014/162

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2014

ISBN: 9781498302166

Keywords: expenditure, mtef, mtff, medium-term expenditure framework, aggregate expenditure

This Technical Assistance Report focuses on Botswana's Medium-term Expenditure Framework (MTEF). The Government of Botswana has committed to introduce the MTEF by 2016. The MTEF will provide a more explicit linkage...

Botswana

Botswana »

Source: Botswana : 2011 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Botswana

Volume/Issue: 2011/248

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 2011

ISBN: 9781462343577

Keywords: expenditure, per, expenditures

Botswana's economy staged an impressive recovery during the past year. The strong economic recovery has helped stabilize financial market conditions. The overall external position has also strengthened. The overrid...

Botswana—Background Papers and Statistical Appendix

Botswana—Background Papers and Statistical Appendix »

Source: Botswana-Background Papers and Statistical Appendix

Volume/Issue: 1995/1

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 1995

ISBN: 9781451806304

Keywords: expenditure, bank of botswana, total expenditure, banking, bank loans

This Background Paper and Statistical Appendix describes economic and financial developments in Botswana during 1993-94. Although real GDP in Botswana recovered somewhat to 2.5 percent in 1993/94, compared with a d...

Botswana—Background Papers and Statistical Appendix

Botswana—Background Papers and Statistical Appendix »

Source: Botswana-Background Papers and Statistical Appendix

Volume/Issue: 1995/1

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 1995

ISBN: 9781451806304

Keywords: expenditure, bank of botswana, total expenditure, banking, bank loans

This Background Paper and Statistical Appendix describes economic and financial developments in Botswana during 1993-94. Although real GDP in Botswana recovered somewhat to 2.5 percent in 1993/94, compared with a d...