Operational Aspects of Fiscal Policy in Oil-Producing Countries

Operational Aspects of Fiscal Policy in Oil-Producing Countries
Oil-producing countries face challenges arising from the fact that oil revenue is exhaustible, volatile, and uncertain, and largely originates from abroad. Reflecting these challenges, the paper proposes some important general principles for the formulation and assessment of fiscal policy in these countries. The main findings can be summarized... READ MORE...

Publication date: October 2002
ISBN 9781451858884
$15.00

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