A Primeron Fiscal Analysis in Oil-Producing Countries /

This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second, unc...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Medas, Paulo
Muut tekijät: Zakharova, Daria
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2009.
Sarja:IMF Working Papers; Working Paper ; No. 2009/056
Linkit:Full text available on IMF
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100 1 |a Medas, Paulo. 
245 1 2 |a A Primeron Fiscal Analysis in Oil-Producing Countries /  |c Paulo Medas, Daria Zakharova. 
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300 |a 1 online resource (41 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
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 This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second, uncertain and volatile oil revenue flows can complicate the management of macroeconomic policies in these countries. Third, given the exhaustibility of oil reserves, OPCs need to address longer-term sustainability and intergenerational equity issues. The use of non-oil fiscal indicators, stress tests, medium-term frameworks, and permanent oil income models can greatly aid in addressing these challenges. 
538 |a Mode of access: Internet 
700 1 |a Zakharova, Daria. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2009/056 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2009/056/001.2009.issue-056-en.xml  |z IMF e-Library