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A primer on fiscal analysis in oil-producing countries /

This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second, unc...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Medas, Paulo A. (Autor), Zakharova, Daria (Autor)
Autor Corporativo: International Monetary Fund. Fiscal Affairs Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/56.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second, uncertain and volatile oil revenue flows can complicate the management of macroeconomic policies in these countries. Third, given the exhaustibility of oil reserves, OPCs need to address longer-term sustainability and intergenerational equity issues. The use of non-oil fiscal indicators, stress tests.
Descripción Física:1 online resource (39 pages) : color illustrations
Bibliografía:Includes bibliographical references (pages 38-39).
ISBN:1451916388
9781451916386
ISSN:2227-8885 ;