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|c 5.00 USD
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|z 9781451844351
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Chalk, Nigel.
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|a Fiscal Sustainability with Non-Renewable Resources /
|c Nigel Chalk.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1998.
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|a 1 online resource (36 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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 depletion of a country's natural resource base, and examines the impact of changes in a country's terms of trade. An alternative indicator of fiscal sustainability is derived, and the principal factors determining sustainability are identified. The results of the analysis are applied to Venezuela and Kuwait.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1998/026
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1998/026/001.1998.issue-026-en.xml
|z IMF e-Library
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