Collect More, Spend Better : Public Investment in Asian Frontier Markets

This study examines 3 fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam

Abstract

The authors use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt sustainability for 3 fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam.

This work is part of the ‘Macroeconomics in Low-income countries’ programme

Citation

Manuk Ghazanchyan, Ricardo Marto, Jiri Jonas, Kaitlyn Douglass (2017) Collect More, Spend Better : Public Investment in Asian Frontier Markets. IMF Working Paper No. 17/10

Collect More, Spend Better : Public Investment in Asian Frontier Markets

Published 24 January 2017