Burkina Faso: Selected Issues

International Monetary Fund

No 2016/391, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

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 (search for similar items in EconPapers)
Pages: 23
Date: 2016-12-22
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2016/391

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