Fiscal policy formulation and implementation in oil-producing countries /

Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerability to oil price and other external shocks. Fiscal policy can play a central role inde...

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Bibliographic Details
Online Access:Electronic book from EBSCO
Other Authors: Davis, Jeffrey M., 1946- (Editor), Fedelino, Annalisa (Editor), Ossowski, Rolando (Editor)
Format: eBook
Language:English
Published:[Washington, D.C.] : International Monetary Fund, [2003]
©2003
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Summary:Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerability to oil price and other external shocks. Fiscal policy can play a central role indetermining the extent to which a country benefits from its oil wealth. This book brings together studies that provide analysis and findings on fiscal policy issues in oil-producing countries from a diverse international perspective. A key focus for the authors is how to manage oil resources in a way that contributes to a stable macroeconomic environment, sustainable growth, and poverty reduction.
Physical Description:1 online resource (viii, 484 pages) : illustrations
Bibliography:Includes bibliographical references.
ISBN:9781451980806
1451980809
1283534061
9781283534062
Access:Access limited to authorized users.