Optimal Fiscal Strategy for Oil Exporting Countries /

This paper develops simple guidelines for fiscal policy in oil producing countries, focusing on three issues: intergenerational oil distribution, precautionary saving, and adjustment costs. The paper presents a framework to analyze how the revenue generated by an exhaustible source of wealth that be...

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Dettagli Bibliografici
Autore principale: Valdes, Rodrigo
Altri autori: Engel, Eduardo
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/118
Accesso online:Full text available on IMF