Lacina Balma

Macroeconomic Challenges of Structural Transformation

Public Investment, Growth and Debt Sustainability in Sierra Leone

This paper analyzes the link between public investment, economic growth and debt sustainability in Sierra Leone using an inter-temporal macroeconomic ...

Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since ...