Stabilization and savings funds for nonrenewable resources : experience and fiscal policy implications
著者
書誌事項
Stabilization and savings funds for nonrenewable resources : experience and fiscal policy implications
(Occasional paper / International Monetary Fund, no. 205)
International Monetary Fund, 2001
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注記
Includes bibliographical references (p. 40-41)
内容説明・目次
内容説明
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.
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