01867cas a2200265 a 4500 AALejournalIMF014319 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484367209 2617-6750 BD-DhAAL BD-DhAAL Gupta, Sanjeev. Direct Distribution of Resource Revenues : Worth Considering? / Sanjeev Gupta, Alex Segura-Ubiergo, Enrique Flores. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (26 pages) Staff Discussion Notes <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 Some scholars have argued that direct distribution of natural resource revenues to the population would help resource-rich countries escape the 'resource curse.' This discussion note analyzes whether this proposal is a viable policy alternative for resource-rich countries. The first priority for policymakers is to establish fiscal policy objectives to support macroeconomic stability and development objectives. In this regard, the establishment of an adequate fiscal framework that informs decisions on how much to save and invest, or how to smooth out revenue volatility, and deal with exhaustibility issues should precede any discussion of direct distribution of resource wealth to the population. Mode of access: Internet Flores, Enrique. Segura-Ubiergo, Alex. Staff Discussion Notes; Staff Discussion Notes ; No. 2014/005 Full text available on IMF http://elibrary.imf.org/view/journals/006/2014/005/006.2014.issue-005-en.xml IMF e-Library