Looking Beyond the Fiscal : Do Oil Funds Bring Macroeconomic Stability?

Do Oil Funds Bring Macroeconomic Stability?

Looking Beyond the Fiscal : Do Oil Funds Bring Macroeconomic Stability?
Oil funds have become increasingly popular in oil exporting countries during the recent surge in oil prices. However, the literature on the contribution is small, tends to focus narrowly on their fiscal benefits, and concludes that they are redundant of such funds-in other words, that well designed fiscal management and policy are adequate READ MORE...

Publication date: April 2007
ISBN 9781451866605
$18.00

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