Managing the oil revenue boom : the role of fiscal institutions

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Title:

Author:

Ossowski, Rolando.

ISBN:

9781589067189

Publication Information:

Washington, DC : International Monetary Fund, 2008.

Physical Description:

x, 35 p. : ill. ; 28 cm.

Series:

Occasional paper ; 260

Occasional paper (International Monetary Fund) ; 260.

General Note:

"Rolando Ossowski, Mauricio Villafuerte, Paolo A. Medas, and Theo Thomas."

Contents:

Introduction -- The recent oil boom -- Special fiscal institutions and the management of oil revenue : recent international experience -- Quantitative assessment of the impact of fiscal institutions on fiscal outcomes -- A framework for strengthening fiscal institutions in oil-producing countries.

Subject Term:

Petroleum industry and trade -- Economic aspects.

Fiscal policy.

Added Author:

Ossowski, Rolando.

Added Corporate Author:

International Monetary Fund.

Copies:

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Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025526019	338.23 M266 2008	1	Searching... Unknown

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Summary

Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how governments manage their fiscal policies in light of changing oil-market conditions and the role of special fiscal institutions (SFIs). In this Occasional Paper, IMF experts examine the fiscal response of oil-producing countries to the recent oil boom and the role of SFIs in fiscal management, they review the experiences of selected countries, and they draw general lessons. In doing so, they link findings on best practice in the design of SFIs with broader fiscal management advice.