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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Richmond, Christine
Altri autori: Yackovlev, Irene, Yang, Susan
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/147
Accesso online:Full text available on IMF