04543nam 2200565 450 991046615300332120170919213747.01-4648-0496-6(CKB)3710000000751119(EBL)4603017(MiAaPQ)EBC4603017(EXLCZ)99371000000075111920160811h20162016 uy 0engur|n|---|||||rdacontentrdamediardacarrierFiscal management in resource-rich countries essentials for economists, public finance professionals, and policy makers /Rolando Ossowski and Håvard HallandWashington, District of Columbia :World Bank Group,2016.©20161 online resource (167 p.)World Bank StudyDescription based upon print version of record.1-4648-0495-8 Includes bibliographical references at the end of each chapters.Front Cover; Contents; Acknowledgments; About the Authors; Overview; Abbreviations; Introduction; PART I The Challenges Posed by Resource Revenues; Chapter 1 What Complicates Fiscal Management in Resource-Rich Countries?; Notes; PART II Fiscal Policy, Stabilization, Sustainability, and Growth; Chapter 2 Fiscal Policy and Short-Run Stabilization; Macroeconomic and Fiscal Stability; Cyclicality of Fiscal Policy in Resource-Rich Countries; Coordination with Monetary Policy and the Dilemmas of Sterilization; Resource Revenues and Fiscal Federalism; NotesChapter 3 Managing Fiscal Risks and VulnerabilitiesFiscal Risks; Resource Revenue Dependence and General Fiscal Risks; Prudent Fiscal Policies as a Pro-Poor Strategy; Resource Dependence and Specific Fiscal Risks; Notes; Chapter 4 Promoting Sustainability; Fiscal Sustainability Analysis in Resource-Rich Countries; Adjusted Net Saving Models; Notes; Chapter 5 Public Financial Management, Public Investment Management, and Fiscal Transparency; Public Financial Management Systems and Governance; Public Investment Management Systems; Capacity Issues in New and Prospective Resource ProducersFiscal TransparencyNotes; PART 3 Special Fiscal Institutions in Resource-Rich Countries; Chapter 6 Medium-Term Expenditure Frameworks; Medium-Term Expenditure Frameworks and Fiscal Risks; Medium-Term Expenditure Frameworks and Long-Term Perspectives for Fiscal Policy; Factors for the Success of Medium-Term Expenditure Frameworks; Note; Chapter 7 Fiscal Rules and Fiscal Councils; Fiscal Rules; Suggestions for Fiscal Rules; Fiscal Councils and Independent Fiscal Institutions; Some Prerequisites for Fiscal Councils in Resource-Rich Countries; Notes; Chapter 8 Resource FundsStabilization Funds, Savings Funds, and Financing FundsDomestic Operations of Resource Funds; Institutional Arrangements for the Fund; Governance, Transparency, and Accountability; Suggestions for Resource Fund Design; Notes; Chapter 9 Revenue Earmarking; Chapter 10 The Resource Price, or Revenue, in the Budget; Suggestions for the Resource Price or Revenue Used in Budgets; Appendix A Indicators for Fiscal Analysis in Resource-Rich Countries; Notes; Appendix B Methodological Issues in the Assessment of Fiscal Policy Cyclicality in Resource-Rich Countries; NotesAppendix C Chile's Structural Balance Fiscal GuidelineNotes; Appendix D Direct Distribution of Resource Rents to Citizens; Notes; Appendix E Generally Accepted Principles and Practices of a Sovereign Wealth Fund: The Santiago Principles; Note; Appendix F The International Monetary Fund's Guide to Resource Revenue Transparency: Summary of Good Fiscal Transparency Practices for Resource Revenue Management; Clarity of Roles and Responsibilities; Open Budget Processes; Public Availability of Information; Assurances of Integrity; Note; References; Boxes3.1 Fiscal Risk Analysis in Resource-Rich CountriesWorld Bank StudiesFiscal policyRevenueTax revenue estimatingElectronic books.Fiscal policy.Revenue.Tax revenue estimating.339.52Ossowski Rolando879495Halland HåvardMiAaPQMiAaPQMiAaPQBOOK9910466153003321Fiscal management in resource-rich countries2240469UNINA