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Appendix 4. Calculation of the Sustainable Non-Oil Deficit

Appendix 4. Calculation of the Sustainable Non-Oil Deficit »

Source: Managing Oil Wealth : The Case of Azerbaijan

Series: IMF Special Issues

Author(s): Niko Hobdari , Eric Le Borgne , Chonira Aturupane , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2004

ISBN: 9781589063082

Keywords: expenditure, expenditures, oil and gas, gas, natural resource

The paper discusses two long-term strategies for the use of oil assets. The first is based on a fixed expenditure rule, which—together with a permanent financing condition constrain...

Appendix 1. Oil and Economic Development in Indonesia14

Appendix 1. Oil and Economic Development in Indonesia14 »

Source: Managing Oil Wealth : The Case of Azerbaijan

Series: IMF Special Issues

Author(s): Niko Hobdari , Eric Le Borgne , Chonira Aturupane , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2004

ISBN: 9781589063082

Keywords: expenditure, expenditures, oil and gas, gas, natural resource

Indonesia’s oil industry is one of the world’s oldest. Indonesia ranks fifteenth among world oil producers, with about 2.4 percent of world oil production. The country has a mixed e...

Appendix 3. Oil and Economic Development in Mexico16

Appendix 3. Oil and Economic Development in Mexico16 »

Source: Managing Oil Wealth : The Case of Azerbaijan

Series: IMF Special Issues

Author(s): Niko Hobdari , Eric Le Borgne , Chonira Aturupane , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2004

ISBN: 9781589063082

Keywords: expenditure, expenditures, oil and gas, gas, natural resource

Mexico is the world’s fifth largest oil producer and its tenth largest oil exporter. Mexico began to export oil in 1911, and its oil output expanded at an average annual rate of 6 p...

Appendix 2. Oil and Economic Development in Nigeria15

Appendix 2. Oil and Economic Development in Nigeria15 »

Source: Managing Oil Wealth : The Case of Azerbaijan

Series: IMF Special Issues

Author(s): Niko Hobdari , Eric Le Borgne , Chonira Aturupane , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2004

ISBN: 9781589063082

Keywords: expenditure, expenditures, oil and gas, gas, natural resource

Nigeria has an abundance of hydrocarbon resources. It is the thirteenth largest oil producer in the world, the third largest oil producer in Africa, and the most prolific oil produc...

Central America: Economic Progress and Reforms

Central America: Economic Progress and Reforms »

Source: Central America : Economic Progress and Reforms

Series: Departmental Papers / Policy Papers

Author(s): Dominique Desruelle , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2008

ISBN: 9781589067653

Keywords: customs, social spending, common, customs union, capital markets

Central America has made substantial progress in recent years in moving economic reforms forward and deepening regional and global integration. As result of these efforts, the region has experienced higher growth,...

chapter 3 Central America’s Regional Trends and U.S. Cycles

chapter 3 Central America’s Regional Trends and U.S. Cycles »

Source: Central America : Economic Progress and Reforms

Series: Departmental Papers / Policy Papers

Author(s): Dominique Desruelle , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2008

ISBN: 9781589067653

Keywords: customs, social spending, common, customs union, capital markets

Introduction The economies of Central America share a close relationship with the United States, with considerable comovement of GDP growth over a long period of time. The open natur...

chapter 5 Central American Customs Union and Challenges for Tax and Customs Administration

chapter 5 Central American Customs Union and Challenges for Tax and Customs Administration »

Source: Central America : Economic Progress and Reforms

Series: Departmental Papers / Policy Papers

Author(s): Dominique Desruelle , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2008

ISBN: 9781589067653

Keywords: customs, social spending, common, customs union, capital markets

Introduction In December 2007, the governments of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua signed the Framework Agreement for the Establishment of the Central Amer...

Chapter 7. Concluding Thoughts

Chapter 7. Concluding Thoughts »

Source: Getting Energy Prices Right : From Principle to Practice

Series: Books

Author(s): Ian Parry , Dirk Heine , Eliza Lis , and Shanjun Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2014

ISBN: 9781484388570

Keywords: air pollution, fuel efficiency, natural gas, carbon dioxide, coal

Encouraging environmentally sustainable growth is a problem faced by all countries. The beauty of fiscal instruments such as environmental taxes or tax-like instruments is that (albeit with some important ca...

Chapter 6. Conclusion

Chapter 6. Conclusion »

Source: Managing Oil Wealth : The Case of Azerbaijan

Series: IMF Special Issues

Author(s): Niko Hobdari , Eric Le Borgne , Chonira Aturupane , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2004

ISBN: 9781589063082

Keywords: expenditure, expenditures, oil and gas, gas, natural resource

In the near future, Azerbaijan is expected to benefit from a substantial, but short-lived, oil- and gas-related revenue windfall. Even under conservative assumptions, revenues accruing to the country are exp...

Chapter 3. Country Experiences with Managing Natural Resource Windfalls

Chapter 3. Country Experiences with Managing Natural Resource Windfalls »

Source: Managing Oil Wealth : The Case of Azerbaijan

Series: IMF Special Issues

Author(s): Niko Hobdari , Eric Le Borgne , Chonira Aturupane , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2004

ISBN: 9781589063082

Keywords: expenditure, expenditures, oil and gas, gas, natural resource

It is ironic that what should be a blessing has often turned into a curse. A natural resource boom, effectively managed, should provide a country with the resources to finance essential economic reforms, inc...