Rethinking Fiscal Policy in Oil-Exporting Countries /
We examine the existing fiscal policy paradigm in commodity-exporting countries. First, we argue that its centerpiece-the permanent income hypothesis (PIH)-is not consistent with either intergenerational equity or long-term sustainability in the presence of uncertainty. Policies to achieve these goa...
প্রধান লেখক: | |
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অন্যান্য লেখক: | |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2019.
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মালা: | IMF Working Papers; Working Paper ;
No. 2019/108 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |