As You Sow So Shall You Reap: Public Investment Surges, Growth, and Debt Sustainability in Togo

Working Paper No. 12/127

Nopic
This paper presents an analysis of the public investment scaling-up strategy for Togo using a dynamic macroeconomic model that explicitly analyzes the links between public investment, economic growth, and debt sustainability. In the model, public capital is productive and complementary to private capital, generating positive medium and long-run... READ MORE...

Publication date: May 2012
ISBN 9781475503647
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Publication date: May 2012

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Publication date: May 2012

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