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 c...

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Bibliographic Details
Main Authors:	Barnett, Steven (Steven Alan), Barnett, Steven
Corporate Author:	International Monetary Fund Fiscal Affairs Department
Other Authors:	Ossowski, Rolando
Format:	Book
Language:	English
Published:	[Washington, D.C.] : International Monetary Fund, Fiscal Affairs Department, c2002 [Washington, D.C.] : International Monetary Fund, ©2002 Washington, D.C. : 2002
Series:	IMF Working Papers ; Working Paper No. 02/177 IMF Working Papers; Working Paper ; No. 2002/177 IMF eLibrary IMF working paper ; WP/02/177
Subjects:	Fiscal policy Nonrenewable natural resources Oil industries Petroleum industry and trade Petroleum products > Prices Aggregate demand Budget Systems Budget constraint Budget Capital expenditure Contingent Pricing Debt Management Debt Deficit Discretionary fiscal policy Expansionary fiscal policy Expansionary fiscal Expenditure cuts Expenditure framework Expenditure frameworks Expenditure increases Expenditure management Expenditure pattern Expenditure planning Expenditure policy Expenditure programs Expenditure Expenditures Fiscal Policy Fiscal adjustment efforts Fiscal adjustment Fiscal adjustments Fiscal affairs department Fiscal affairs Fiscal aggregates Fiscal analysis Fiscal balance Fiscal balances Fiscal consequences Fiscal consolidation Fiscal contractions Fiscal costs Fiscal deficit Fiscal deficits Fiscal expansion Fiscal expenditures Fiscal imbalances Fiscal impulses Fiscal indicators Fiscal issues Fiscal management Fiscal outcomes Fiscal perspective Fiscal planning Fiscal policies Fiscal policy decisions Fiscal policy discussions Fiscal policy formulation Fiscal policy responses Fiscal policy rules Fiscal policy variables Fiscal position Fiscal pressure Fiscal prudence Fiscal resources Fiscal revenue Fiscal revenues Fiscal rule Fiscal rules Fiscal stance Fiscal strategies Fiscal strategy Fiscal surpluses Fiscal sustainability analyses Fiscal sustainability analysis Fiscal sustainability Fiscal variable Fiscal variables Fiscal vulnerability Futures Pricing Government Policy Government budget constraint Government budget Government expenditure Government expenditures Government revenue Government spending High spending Medium-term expenditure framework Medium-term expenditure frameworks Medium-term expenditure National budget Oil Persistent fiscal deficits Primary deficit Primary fiscal balance Prudent fiscal policies Public Expenditures, Investment, and Finance Public debt Public expenditure management Public expenditure Public finances Public spending programs Public spending Resource Booms Revenue collection Tax revenue Tax revenues Taxation structure Taxation Business Taxes and Subsidies Commodities Energy: Demand and Supply Energy: General Expenditures, Public Investment & securities Investments: Energy Macroeconomics National Budget National Deficit Surplus National Government Expenditures and Related Policies: General Nonrenewable Resources and Conservation: Government Policy Oil prices Oil, gas and mining taxes Prices Public Finance Public finance & taxation Sovereign Debt Taxes option pricing Venezuela, República Bolivariana de Norway

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Massachusetts Institute of Technology

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Call Number:	HG3810.I45 no.WP/02/177

Operational aspects of fiscal policy in oil-producing countries /

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Massachusetts Institute of Technology

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