Investing Volatile Oil Revenues in Capital-Scarce Economies: An Application to Angola

WP/13/147

Investing Volatile Oil Revenues in Capital-Scarce Economies: An Application to Angola
Natural resource revenues are an increasingly important financing source for public investment in many developing economies. Investing volatile resource revenues, however, may subject an economy to macroeconomic instability. This paper applies to Angola the fiscal framework developed in Berg et al. (forthcoming) that incorporates investment... READ MORE...

Publication date: June 2013
ISBN 9781484393000
$18.00

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Publication date: June 2013

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Publication date: June 2013

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