Managing the Oil Revenue Boom : The Role of Fiscal Institutions /

Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how governments manage their fiscal policies in light of changing oil-market conditions and the...

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Dades bibliogràfiques
Autor principal: Villafuerte, Mauricio
Altres autors: Medas, Paulo, Ossowski, Rolando, Thomas, Theo
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2008.
Col·lecció:Occasional Papers; Occasional Paper ; No. 2008/003
Accés en línia:Full text available on IMF
Descripció
Sumari:Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how governments manage their fiscal policies in light of changing oil-market conditions and the role of special fiscal institutions (SFIs). In this Occasional Paper, IMF experts examine the fiscal response of oil-producing countries to the recent oil boom and the role of SFIs in fiscal management, they review the experiences of selected countries, and they draw general lessons. In doing so, they link findings on best practice in the design of SFIs with broader fiscal management advice.
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Descripció física:1 online resource (46 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students