01780cas a2200253 a 4500 AALejournalIMF005690 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872033 1018-5941 BD-DhAAL BD-DhAAL Medas, Paulo. A Primeron Fiscal Analysis in Oil-Producing Countries / Paulo Medas, Daria Zakharova. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (41 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second, uncertain and volatile oil revenue flows can complicate the management of macroeconomic policies in these countries. Third, given the exhaustibility of oil reserves, OPCs need to address longer-term sustainability and intergenerational equity issues. The use of non-oil fiscal indicators, stress tests, medium-term frameworks, and permanent oil income models can greatly aid in addressing these challenges. Mode of access: Internet Zakharova, Daria. IMF Working Papers; Working Paper ; No. 2009/056 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/056/001.2009.issue-056-en.xml IMF e-Library