Working paper icon

Working paper

Optimal fiscal policy in the face of oil windfalls and other known unknowns

Subtitle:
OIES paper: SP 26
Abstract:

When a country discovers large new natural resource energy reserves, its citizens are gifted with possibility of financing a great economic transformation. Yet, often, the state which manages the transformation fails to deliver a sufficient high and well timed contribution to the well being of current and future citizens. Is it a lack of depth in financial markets or political impatience to spend that best explains the failure of energy revenues to achieve its potential? I answer this questio...

Expand abstract
Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

Actions


Access Document


Files:

Authors


More by this author
Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Publisher:
Oxford Institute for Energy Studies Publisher's website
Publication date:
2012
URN:
uuid:fdaf5d68-dedf-441a-82da-b72b972e677e
Local pid:
ora:10332
ISBN:
978-1-907555-49-7

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP