European Parliament Library

Fiscal Policy Formulation and Implementation in Oil-Producing Countries, Jeffrey Davis, Annalisa Fedelino, Rolando Ossowski

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
Table Of Contents
""Contents""; ""Foreword""; ""Acknowledgments""; ""1 Fiscal Challenges in Oil-Producing Countries: An Overview""; ""Part I. Determining Fiscal Policy in Oil-Producing Countries""; ""2 An Alternative Interpretation of the “Resource Curse�: Theory and Policy Implications""; ""3 Operational Aspects of Fiscal Policy in Oil-Producing Countries""; ""4 The Political Economy of Fiscal Policy and Economic Management in Oil-Exporting Countries""; ""5 Statistical Properties of Oil Prices: Implications for Calculating Government Wealth""; ""Part II. Dealing with Oil Revenue""
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (494 p.)
Specific Material Designation
Form Of Item

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