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Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries

Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries »

Source: Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries

Volume/Issue: 2009/174

Series: IMF Working Papers

Author(s): Zaijin Zhan , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

ISBN: 9781451873214

Keywords: Oil reserves, permanent-income hypothesis, sustainability, primary deficit, oil-producing countries,

Over many years rises and fall of world oil prices have been repeatedly reflected in the boom-bust cycles in oil-exporting countries the world over. The recent spectacular rise and equally spectacular fall in price...

Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries

Fiscal Vulnerability and Sustainability in Oil-Producing Sub-Saharan African Countries »

Volume/Issue: 2009/174

Series: IMF Working Papers

Author(s): Zaijin Zhan , and Robert York

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

DOI: http://dx.doi.org/10.5089/9781451873214.001

ISBN: 9781451873214

Keywords: Oil reserves, permanent-income hypothesis, sustainability, primary deficit, oil-producing countries,

Over many years rises and fall of world oil prices have been repeatedly reflected in the boom-bust cycles in oil-exporting countries the world over. The recent spectacular rise and equally spectacular fall in price...