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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Chalk, Nigel
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/026
Accesso online:Full text available on IMF