Modeling the Impact of Large Infrastructure Projects : A Case Study from Niger--Macroeconomic Assessment of Public Investment Options

Evidence illustrates that investment in infrastructure is essential to accelerate inclusive growth. Indeed, a number of Sub-Saharan African (SSA) countries have begun to devote greater resources to large-scale public investment projects. Neverthele...

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Bibliographic Details
Main Authors:	Beguy, Olivier, Dessus, Sébastien, Garba, Abdoulahi, Hayman, Jason, Herderschee, Johannes
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	CONTINGENT LIABILITIES MONETARY POLICY DEFICIT BASIS POINTS FOREIGN DEBT ELASTICITY OF SUPPLY INTERNATIONAL CAPITAL STOCK NATIONAL ECONOMY STRUCTURAL CHANGE INTEREST RATE OF RETURN PROJECTIONS INVESTMENT RATE DEBT STOCK GOVERNMENT SPENDING INVESTMENT POLICIES INTEREST RATE REAL GDP EXCHANGE BALANCE OF PAYMENTS GDP PER CAPITA EXPORTS DEVELOPING COUNTRIES ELASTICITY INFRASTRUCTURE DEVELOPMENT TOTAL DEBT REVENUES LOAN VARIABLES REPAYMENT PERIOD MARKET FAILURE TAX PAYMENTS AGRICULTURAL OUTPUT INFLATION INTERNATIONAL BANK MACROECONOMIC ANALYSES INSTRUMENTS BUDGET CENTRAL BANK DEVELOPMENT MACROECONOMIC STABILITY INFLUENCE INVESTMENT SPENDING COSTS ALTERNATIVE INVESTMENT CURRENCY DOMESTIC CAPITAL DEVELOPMENT STRATEGIES FINANCES RECURRENT EXPENDITURES OPTIONS MACROECONOMIC RISKS INTEREST RATES MONETARY FUND FAILURES NET EXPORTS DEBT PRIVATE INVESTMENT RETURN INTERNATIONAL DEVELOPMENT DOMESTIC DEBT LOANS TAX REVENUES INVENTORIES DEBT SERVICE GROSS DOMESTIC PRODUCT BORROWING COST FINANCE LOAN TERMS PUBLIC INVESTMENT TAXES FIXED EXCHANGE RATE FISCAL DEFICIT EXPENDITURE NATURAL MONOPOLIES INFRASTRUCTURE INVESTMENT DEBT FINANCING MACROECONOMIC INSTABILITY CONSUMPTION AGGREGATE SUPPLY CAPITAL DEBT-SERVICE TRANSPARENCY MARKET FAILURES FOREIGN FINANCING FUTURE VALUE ECONOMIC VALUE COMPETITIVENESS RETURNS FIXED CAPITAL MACROECONOMICS PURCHASING POWER ECONOMIC SECTORS DEVELOPMENT STRATEGY DEMAND INVESTMENT PROJECTS AGGREGATE DEMAND SHARE OF INVESTMENT REPAYMENT PRICE CHANGES ECONOMIC FUNCTIONS EXPENDITURES AGRICULTURE AMORTIZATION REAL EXCHANGE RATE MARKET INTERNAL RATES OF RETURN FOREIGN LOANS INVESTMENT POLICY DEBT RATIOS PUBLIC DEBT MACROECONOMIC VARIABLES SIDE EFFECTS TAXATION ECONOMIC DEVELOPMENT INVESTMENT STRATEGIES TRADE MARGINAL PROPENSITY TO SAVE GDP GOODS GLOBAL TRADE GROWTH RATE STOCKS INVESTMENT MACROECONOMIC ANALYSIS RATES OF RETURN SHARE COLLATERAL POVERTY MONOPOLIES SUPPLY DEBT SERVICE PAYMENTS REVENUE EXTERNAL DEBT INTERNAL RATE OF RETURN INVESTMENTS CONSUMER PRICE INDEX MULTIPLIER EFFECTS MARGINAL PROPENSITY TO IMPORT EXCHANGE RATE GDP DEFLATOR PUBLIC SPENDING CAPITAL INVESTMENT LIABILITIES MARGINAL PROPENSITY TO CONSUME PRICES GUARANTEE GROWTH PROJECTIONS BENEFITS DEBT RELIEF HUMAN DEVELOPMENT
Online Access:	http://documents.worldbank.org/curated/en/2015/11/25247595/modeling-impact-large-infrastructure-projects-case-study-niger-macroeconomic-assessment-public-investment-options-mapio http://hdl.handle.net/10986/22920