Oil Revenue Assignments : Country Experiences and Issues /

Based on country experiences, the paper assesses policy options to assign oil revenues to subnational governments (SNGs). The literature recommends that oil revenues be centralized. Given political economy considerations, this paper suggests that a possible alternative is to assign stable oil-tax ba...

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Bibliografische gegevens
Hoofdauteur: Mottu, Eric
Andere auteurs: Ahmad, Ehtisham
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2002.
Reeks:IMF Working Papers; Working Paper ; No. 2002/203
Online toegang:Full text available on IMF
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245 1 0 |a Oil Revenue Assignments :   |b Country Experiences and Issues /  |c Eric Mottu, Ehtisham Ahmad. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Based on country experiences, the paper assesses policy options to assign oil revenues to subnational governments (SNGs). The literature recommends that oil revenues be centralized. Given political economy considerations, this paper suggests that a possible alternative is to assign stable oil-tax bases to oil-producing SNGs, supplementing these with predictable transfers from the center. Although commonly used, oil revenue-sharing arrangements are the least preferable solution, as they complicate macroeconomic management and do not provide stable financing. Revenue sharing also does not diffuse separatist tendencies, since oil-producing SNGs would still be better off by keeping their oil revenues in full. 
538 |a Mode of access: Internet 
700 1 |a Ahmad, Ehtisham. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/203 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2002/203/001.2002.issue-203-en.xml  |z IMF e-Library