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Burkina Faso: Selected Issues
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 391
Language:
English
Publication Date:
22 Dec 2016
DOI:
https://doi.org/10.5089/9781475562590.002
ISBN:
9781475562590
ISSN:
1934-7685
Pages:
23
Keywords:
ISCR; CR; pay; investment; wage bill; government; sustainability risk; investment efficiency; Ivoirian authorities; investment scaling-up; investment project; bill in Burkina Faso; GDP ratio; Public investment spending; Wages; Wage adjustments; Public employment; Civil service; West Africa; Sub-Saharan Africa
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This Selected Issues paper examines the impact of scaled-up public investment in Burkina Faso. The results suggest that “big-push” investment efforts, while designed to accelerate growth, are likely to run up against significant absorption-capacity constraints. These constraints will diminish the efficiency of investment spending and result in lower public capital accumulation and productivity growth than under a more measured approach. The empirical evidence from the experience of many countries also suggests that the results of aggressive scaling-up initiatives are mixed.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund