How to Design a Fiscal Strategy in a Resource-Rich Country.

This How to Note provides operational guidance for policymakers and IMF staff teams on designing-or revising-a fiscal strategy in resource-rich countries (RRC). Properly managed, resource revenue can support fiscal sustainability and development and equity objectives. Resource revenues also create s...

Ausführliche Beschreibung

Bibliographische Detailangaben
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2021.
Schriftenreihe:IMF How To Notes; How-To Note ; No. 2021/001
Online Zugang:Full text available on IMF
LEADER 01741cas a2200229 a 4500
001 AALejournalIMF021509
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781513568799 
022 |a 2522-7912 
040 |a BD-DhAAL  |c BD-DhAAL 
245 1 0 |a How to Design a Fiscal Strategy in a Resource-Rich Country. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (27 pages) 
490 1 |a IMF How To Notes 
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 How to Note provides operational guidance for policymakers and IMF staff teams on designing-or revising-a fiscal strategy in resource-rich countries (RRC). Properly managed, resource revenue can support fiscal sustainability and development and equity objectives. Resource revenues also create significant stabilization challenges for fiscal policy because of their size, uncertainty, volatility, and finite nature. The guidance in this note is intended to be general and applicable to RRCs with a range of income levels, resource endowments, and macroeconomic contexts. It is designed primarily to help policymakers analyze the trade-offs associated with alternative fiscal paths and select the right fiscal strategy, given country-specific circumstances. 
538 |a Mode of access: Internet 
830 0 |a IMF How To Notes; How-To Note ;  |v No. 2021/001 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/061/2021/001/061.2021.issue-001-en.xml  |z IMF e-Library