Cover Fiscal Policy Formulation and Implementation in Oil-Producing Countries
Fiscal Policy Formulation and Implementation in Oil-Producing Countries
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Abstract

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.

Front Matter
1 Fiscal Challenges in Oil-Producing Countries: An Overview
Part I. Determining Fiscal Policy in Oil-Producing Countries
Part II. Dealing with Oil Revenue
Part III. Institutional Arrangements for Dealing with Oil Revenue Instability
Part IV. Designing Policies for Domestic Petroleum Pricing
Back Matter
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Author:
Mr. Jeffrey M. Davis
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,
Ms. Annalisa Fedelino
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, and
Mr. Rolando Ossowski
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Series:
Books
Publisher:
International Monetary Fund
Language:
English
Publication Date:
21 Aug 2003
DOI:
https://doi.org/10.5089/9781589061750.071
ISBN:
9781589061750
Pages:
492
Keywords:
BOOK; government; price; spot price; oil revenue; national government; oil price risk; oil fund; product price subsidy; Oil; Oil prices; gas and mining taxes; Global; Asia and Pacific; Middle East; Africa; Western Europe; Caribbean
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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