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Stabilization and Savings Funds for Nonrenewable Resources: Experience and Fiscal Policy Implications (Paperback)
  • Stabilization and Savings Funds for Nonrenewable Resources: Experience and Fiscal Policy Implications (Paperback)
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Stabilization and Savings Funds for Nonrenewable Resources: Experience and Fiscal Policy Implications (Paperback)

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£16.50
Paperback 43 Pages / Published: 30/04/2001
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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.

Publisher: International Monetary Fund (IMF)
ISBN: 9781589060197
Number of pages: 43

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