Peru: Selected Issues Paper

Publication Date: January 29, 2014
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Summary: This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its population still lives in poverty. This paper applies illustratively new modified frameworks recently developed by the IMF to the case of Peru. It takes stock of analytical considerations to resource management, and analyzes Peru’s natural resource wealth and the investment climate. The paper also presents results from simulating alternative Permanent Income Hypothesis (PIH) based approaches and expenditure smoothing fiscal rules.
Series: Country Report No. 14/22
Subject(s): Fiscal policy | Natural resources | China | Capital flows | Spillovers | Dollarization | Selected issues | Peru

Publication Date: January 29, 2014
ISBN/ISSN: 9781475563580/1934-7685 Format: Paper
Stock No: 1PEREA2014002 Pages: 69
US$18.00 (Academic Rate:
US$18.00 )
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