Optimal Fiscal Strategy for Oil Exporting Countries /

This paper develops simple guidelines for fiscal policy in oil producing countries, focusing on three issues: intergenerational oil distribution, precautionary saving, and adjustment costs. The paper presents a framework to analyze how the revenue generated by an exhaustible source of wealth that be...

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Hlavní autor: Valdes, Rodrigo
Další autoři: Engel, Eduardo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2000.
Edice:IMF Working Papers; Working Paper ; No. 2000/118
On-line přístup:Full text available on IMF