Management of Oil Wealth Under the Permanent Income Hypothesis : The Case of Sao Tome and Principe /

This paper documents the protracted process of shaping the rules governing oil operations in Sao Tome and Principe. It analyzes the institutional framework for oil sector development, which applies Milton Friedman's permanent income hypothesis to the management of oil resources. Sao Tome and Pr...

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Bibliographic Details
Main Author: Segura Vasi, Alonso
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/183
Online Access:Full text available on IMF