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Stabilization and Savings Funds for Nonrenewable Resources : Experience and Fiscal Policy Implications, Paperback / softback Book

Stabilization and Savings Funds for Nonrenewable Resources : Experience and Fiscal Policy Implications Paperback / softback

Paperback / softback

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.

Information

  • Format:Paperback / softback
  • Pages:43 pages, figs.tabs.
  • Publisher:International Monetary Fund (IMF)
  • Publication Date:
  • Category:
  • ISBN:9781589060197

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Information

  • Format:Paperback / softback
  • Pages:43 pages, figs.tabs.
  • Publisher:International Monetary Fund (IMF)
  • Publication Date:
  • Category:
  • ISBN:9781589060197