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...

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Bibliografiska uppgifter
Huvudupphovsman: Richmond, Christine
Övriga upphovsmän: Yackovlev, Irene, Yang, Susan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/147
Länkar:Full text available on IMF