Fiscal Sustainability with Non-Renewable Resources /

This paper assesses sustainable fiscal behavior in an economy where wealth is derived predominantly from a non-renewable resource. It explores the issue in a simple dynamic framework that highlights the structural weaknesses in the underlying budgetary position, takes into account the rate of deplet...

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Bibliographic Details
Main Author: Chalk, Nigel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/026
Online Access:Full text available on IMF