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Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government’s strategy could significantly boost economic growth and reduce poverty. The paper reviews the major issues related to tax policy reform in Timor-Leste. It also discusses the current direction of Timor-Leste Petroleum Fund asset management and issues that might arise with eventual asset diversification.

Suggested Citation

  • International Monetary Fund, 2007. "Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2007/086, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/086
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    References listed on IDEAS

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    1. Best, Michael J & Grauer, Robert R, 1991. "On the Sensitivity of Mean-Variance-Efficient Portfolios to Changes in Asset Means: Some Analytical and Computational Results," The Review of Financial Studies, Society for Financial Studies, vol. 4(2), pages 315-342.
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    1. Juan Luis Gomez & Jorge Martinez-Vazquez & Cristian Sepúlveda, 2011. "Reining in Provincial Fiscal ‘Owners’: Decentralization in Lao PDR," Chapters, in: Jorge Martinez-Vazquez & François Vaillancourt (ed.), Decentralization in Developing Countries, chapter 6, Edward Elgar Publishing.
    2. International Monetary Fund, 2009. "Democratic Republic of Timor-Leste: Selected Issues," IMF Staff Country Reports 2009/220, International Monetary Fund.
    3. Warr, Peter & Menon, Jayant & Yusuf, Arief Anshory, 2010. "Poverty Impacts of Government Expenditure from Natural Resource Revenues," Working Papers on Regional Economic Integration 51, Asian Development Bank.
    4. World Bank Group, 2014. "Lao Development Report 2014 : Expanding Productive Empoloyment for Broad-Based Growth," World Bank Publications - Reports 21555, The World Bank Group.
    5. Ehtisham Ahmad & Mercedes García-Escribano, 2011. "Constraints to Effective Fiscal Decentralization in Peru," Chapters, in: Jorge Martinez-Vazquez & François Vaillancourt (ed.), Decentralization in Developing Countries, chapter 5, Edward Elgar Publishing.

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