Fiscal Sustainability with Non-Renewable Resources

Fiscal Sustainability with Non-Renewable Resources
This paper assesses sustainable fiscal behavior in an economy where wealth is derived predominantly from a non-renewable resource. It explores the issue in a simple dynamic framework that highlights the structural weaknesses in the underlying budgetary position, takes into account the rate of depletion of a country's natural resource base, and... READ MORE...

Publication date: March 1998
ISBN 9781451844351
$15.00

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