Stabilization and savings funds for nonrenewable resources : experience and fiscal policy implications

Author(s)

• Davis, Jeffrey M.
• International Monetary Fund

Bibliographic Information

Stabilization and savings funds for nonrenewable resources : experience and fiscal policy implications

Jeffrey Davis, ... [et al.]

（Occasional paper / International Monetary Fund, no. 205）

International Monetary Fund, 2001

Note

Includes bibliographical references (p. 40-41)

Description and Table of Contents

Description

The revenues from exploiting large exhaustible resources such as oil can pose signinficant challenges for a country. Expenditure must be planned and insulated from revenue shocks arising from the volatility and unpredictability of resource prices. Some countries are considering setting up non-renewable resource funds (NRFs), which are also designed to ensure that savings are made for future generations. This publication examines NRFs under the following headings: policy implications; funds and their rationale; operational aspects; effectiveness.

by "Nielsen BookData"

Details

• NCID: BA52059790
• ISBN:
  • 1589060199
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Washington, DC
• Pages/Volumes: v, 43 p.
• Size: 28 cm
• Classification:
  • LCC : HC85
• Subject Headings:
  • LCSH : Nonrenewable natural resources -- Finance
  • LCSH : Fiscal policy
  • LCSH : Finance, Public
  • LCSH : Appropriations and expenditures
  • LCSH : Sustainable development
• Parent Bibliography ID:
  • BA00253338