Investing Volatile Oil Revenues in Capital-Scarce Economies : An Application to Angola /

Natural resource revenues are an increasingly important financing source for public investment in many developing economies. Investing volatile resource revenues, however, may subject an economy to macroeconomic instability. This paper applies to Angola the fiscal framework developed in Berg and oth...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Richmond, Christine
Weitere Verfasser: Yackovlev, Irene, Yang, Susan
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/147
Online Zugang:Full text available on IMF