Nonrenewable Resources : A Case for Persistent Fiscal Surpluses /

This paper examines whether there is a case for temporary but persistent fiscal surpluses in economies heavily endowed with nonrenewable resources. It finds that there generally is a case. Fiscal surpluses permit replacing nonfinancial wealth with financial assets, the return on which increases publ...

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Autor principal: Alier, Max
Altres autors: Kaufman, Martin
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1999.
Col·lecció:IMF Working Papers; Working Paper ; No. 1999/044
Accés en línia:Full text available on IMF