
Sovereign Wealth Funds in the Pacific Island Countries : Macro-Fiscal Linkages »
Journal Issue
Volume/Issue: 2007/297
Series: IMF Working Papers
Author(s): Paulo Medas , and Eric Le Borgne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2007
DOI: http://dx.doi.org/10.5089/9781451868609.001
ISBN: 9781451868609
Keywords: Fiscal Sustainability, Stabilization, expenditure, budget process, public debt
This paper looks at the role Sovereign Wealth Funds have played in the Pacific Island Countries in achieving key macro-fiscal policy objectives, namely, protecting the budget from high revenue volatility and streng...