Fiscal Balance Forecast of Cambodia 2007-2011

Yoo, Ilho

doi:10.2139/ssrn.953568

Abstract

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Fiscal Balance Forecast of Cambodia 2007-2011

Ilho Yoo

KDI School of Public Policy and Management

December 2006

KDI School of Pub Policy & Management Paper No. 06-07

Abstract:
In this paper, we attempt to forecast the fiscal balance of Cambodia in years 2007-2011, based on the revenue and expenditure data since the political stabilization which started in 1993. Major tool for the analysis is OLS, and the huge deficit is forecasted. To cover the deficit, Cambodian government should issue government bond, which is not an easy task considering the development stage of her bond markets. A few policy recommendations on its development will be given.

Number of Pages in PDF File: 30

Keywords: Tax Revnue, Fiscal Expenditure, Budget Deficit, Revenue Elasticity

JEL Classification: H20, H50, H62, H63

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Date posted: December 27, 2006

Suggested Citation

Yoo, Ilho, Fiscal Balance Forecast of Cambodia 2007-2011 (December 2006). KDI School of Pub Policy & Management Paper No. 06-07. Available at SSRN: http://ssrn.com/abstract=953568 or http://dx.doi.org/10.2139/ssrn.953568

Contact Information

Ilho Yoo (Contact Author)

KDI School of Public Policy and Management ( email )

P.O. Box 184
Seoul 130-868, 130-868
Korea