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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Бібліографічні деталі
Автор: Valdes, Rodrigo
Інші автори: Engel, Eduardo
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2000.
Серія:IMF Working Papers; Working Paper ; No. 2000/118
Онлайн доступ:Full text available on IMF