Investor Presentaiton slide image

Investor Presentaiton

A different approach to managing resource revenues In order to overcome domestic structural constraints (such as low technological sophistication, limited areas of competitive advantage While mitigating economic risks associated with domestic investments of resource revenues (such as public investment inefficiency, absorptive capacity constraints, and Dutch disease), the approach in Chang and Lebdioui (2020) is based on the following two features: Share of resource revenues 100% 80% 60% 40% 20% 0% + The gradual scaling-up of domestic investments in real assets The targeting of productivity enhancing assets for tradable sectors to 8 t1 (Short commodity boom, <5 years) t2 t3 (Long commodity boom, >10 years) Domestic investments in general and specific capabilities Savings in financial assets overseas
View entire presentation