Are Developing Countries Better Off Spending Their Oil Wealth Upfront? /

We question the conventional view that it is optimal for government to maintain a stable level of spending out of oil wealth. We compare this conventional policy recommendation with one where government spends all of its oil revenues upfront, at the same rate as oil is extracted. Using a neoclassica...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Takizawa, H.
مؤلفون آخرون: Gardner, E., Ueda, Kenichi
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2004.
سلاسل:IMF Working Papers; Working Paper ; No. 2004/141
الوصول للمادة أونلاين:Full text available on IMF