Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Fiscal Policy Formulation and Implementation in Oil-Producing Countries by Jeffrey Mr. Davis, Annalisa Ms. Fedelino, Rolando Mr. Ossowski, INTERNATIONAL MONETARY FUND
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Author: Jeffrey Mr. Davis, Annalisa Ms. Fedelino, Rolando Mr. Ossowski ISBN: 9781452746319
Publisher: INTERNATIONAL MONETARY FUND Publication: August 21, 2003
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Jeffrey Mr. Davis, Annalisa Ms. Fedelino, Rolando Mr. Ossowski
ISBN: 9781452746319
Publisher: INTERNATIONAL MONETARY FUND
Publication: August 21, 2003
Imprint: INTERNATIONAL MONETARY FUND
Language: English
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.
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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.

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