04534nam 2200745 a 450 991081028310332120200520144314.01-4552-2468-51-4527-4631-11-283-53406-197866138465181-4519-8080-9(CKB)2470000000001334(EBL)3012458(SSID)ssj0000086889(PQKBManifestationID)11121217(PQKBTitleCode)TC0000086889(PQKBWorkID)10052116(PQKB)11053993(Au-PeEL)EBL3012458(CaPaEBR)ebr10300234(CaONFJC)MIL384651(OCoLC)563868705(IMF)FPOPEE(MiAaPQ)EBC3012458(EXLCZ)99247000000000133420040219d2003 uy 0engur|n|---|||||txtccrFiscal policy formulation and implementation in oil-producing countries /editors, J.M. Davis, R. Ossowski, and A. Fedelino1st ed.Washington, D.C. International Monetary Fundc20031 online resource (494 p.)BooksDescription based upon print version of record.1-58906-175-6 Includes bibliographical references.""Contents""; ""Foreword""; ""Acknowledgments""; ""1 Fiscal Challenges in Oil-Producing Countries: An Overview""; ""Part I. Determining Fiscal Policy in Oil-Producing Countries""; ""2 An Alternative Interpretation of the “Resource Curse�: Theory and Policy Implications""; ""3 Operational Aspects of Fiscal Policy in Oil-Producing Countries""; ""4 The Political Economy of Fiscal Policy and Economic Management in Oil-Exporting Countries""; ""5 Statistical Properties of Oil Prices: Implications for Calculating Government Wealth""; ""Part II. Dealing with Oil Revenue""""6 Revenue from the Oil and Gas Sector: Issues and Country Experience""""7 National Oil Companies: Evolution, Issues, Outlook""; ""8 The Assignment of Oil Tax Revenue""; ""9 Oil Revenue Assignments: Country Experiences and Issues""; ""10 Oil Revenue and Fiscal Federalism""; ""Part III. Institutional Arrangements for Dealing with Oil Revenue Instability""; ""11 Stabilization and Savings Funds for Nonrenewable Resources: Experience and Fiscal Policy Implications""; ""12 Fiscal Policy and Petroleum Fund Management in Norway""; ""13 Oil Funds in Transition Economies: Azerbaijan and Kazakhstan""""14 Hedging Government Oil Price Risk""""Part IV. Designing Policies for Domestic Petroleum Pricing""; ""15 Issues in Domestic Petroleum Pricing in Oil- Producing Countries""; ""16 The Impact of Gasoline Price Subsidies on the Government and the National Oil Company""; ""17 Domestic Petroleum Price Smoothing in Developing and Transition Countries""; ""18 Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union""; ""Contributors""Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerability to oil price and other external shocks. Fiscal policy can play a central role indetermining the extent to which a country benefits from its oil wealth. This book brings together studies that provide analysis and findings on fiscal policy issues in oil-producing countries from a diverse international perspective. A key focus for the authors is how to manage oil resources in a way that contributes to a stable macroeconomic environment, sustainable growth, and poverty reduction.BooksPetroleum industry and tradePetroleum productsPricesPetroleumTaxationFiscal policyPetroleum industry and trade.Petroleum productsPrices.PetroleumTaxation.Fiscal policy.339.5/2Davis Jeffrey M.1946-124857Ossowski Rolando1624208Fedelino Annalisa1603458International Monetary Fund.MiAaPQMiAaPQMiAaPQBOOK9910810283103321Fiscal Policy Formulation and Implementation in Oil-Producing Countries4112561UNINA