Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2005
Keywords: oil boom, permanent income hypothesis, oil and gas, natural gas, gas production, oil prices, Macroeconomic - Aspects of Public Finance, Macroeconomic Policy, and General Outlook, National Government Expenditures and Related Policies
Trinidad and Tobago is experiencing an energy boom stronger than the ones in 1970s and 1980s. The main fiscal policy challenge is to ensure that the increased revenues from the ultimately exhaustible resources are...