A Primeron 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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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2009
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Schriftenreihe: | IMF Working Papers
Working Paper No. 09/56 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | 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, medium-term frameworks, and permanent oil income models can greatly aid in addressing these challenges |
Beschreibung: | 1 Online-Ressource (41 p) |
ISBN: | 1451872038 9781451872033 |
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spelling | Medas, Paulo A. Verfasser aut A Primeron Fiscal Analysis in Oil-Producing Countries Medas, Paulo A Washington, D.C International Monetary Fund 2009 1 Online-Ressource (41 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 09/56 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, medium-term frameworks, and permanent oil income models can greatly aid in addressing these challenges Online-Ausg Zakharova, Daria Sonstige oth http://elibrary.imf.org/view/IMF001/10004-9781451872033/10004-9781451872033/10004-9781451872033.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Medas, Paulo A. A Primeron Fiscal Analysis in Oil-Producing Countries |
title | A Primeron Fiscal Analysis in Oil-Producing Countries |
title_auth | A Primeron Fiscal Analysis in Oil-Producing Countries |
title_exact_search | A Primeron Fiscal Analysis in Oil-Producing Countries |
title_exact_search_txtP | A Primeron Fiscal Analysis in Oil-Producing Countries |
title_full | A Primeron Fiscal Analysis in Oil-Producing Countries Medas, Paulo A |
title_fullStr | A Primeron Fiscal Analysis in Oil-Producing Countries Medas, Paulo A |
title_full_unstemmed | A Primeron Fiscal Analysis in Oil-Producing Countries Medas, Paulo A |
title_short | A Primeron Fiscal Analysis in Oil-Producing Countries |
title_sort | a primeron fiscal analysis in oil producing countries |
url | http://elibrary.imf.org/view/IMF001/10004-9781451872033/10004-9781451872033/10004-9781451872033.xml |
work_keys_str_mv | AT medaspauloa aprimeronfiscalanalysisinoilproducingcountries AT zakharovadaria aprimeronfiscalanalysisinoilproducingcountries |