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Fiscal management in resource-rich countries : essentials for economists, public finance professionals, and policy makers / / Rolando Ossowski and Håvard Halland
Fiscal management in resource-rich countries : essentials for economists, public finance professionals, and policy makers / / Rolando Ossowski and Håvard Halland
Autore Ossowski Rolando
Pubbl/distr/stampa Washington, District of Columbia : , : World Bank Group, , 2016
Descrizione fisica 1 online resource (167 p.)
Disciplina 339.52
Collana World Bank Study
Soggetto topico Fiscal policy
Revenue
Tax revenue estimating
Soggetto genere / forma Electronic books.
ISBN 1-4648-0496-6
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto 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; Notes
Chapter 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 Producers
Fiscal 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 Funds
Stabilization 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; Notes
Appendix 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; Boxes
3.1 Fiscal Risk Analysis in Resource-Rich Countries
Record Nr. UNINA-9910466153003321
Ossowski Rolando  
Washington, District of Columbia : , : World Bank Group, , 2016
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Fiscal Management in Resource-Rich Countries : : Essentials for Economists, Public Finance Professionals, and Policy Makers / / Rolando Ossowski
Fiscal Management in Resource-Rich Countries : : Essentials for Economists, Public Finance Professionals, and Policy Makers / / Rolando Ossowski
Autore Ossowski Rolando
Pubbl/distr/stampa Washington, D.C. : , : The World Bank, , 2016
Descrizione fisica 1 online resource (164 pages)
Disciplina 339.52
Collana World Bank Studies
Soggetto topico Fiscal policy
Revenue
Tax revenue estimating
ISBN 1-4648-0496-6
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto 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; Notes
Chapter 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 Producers
Fiscal 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 Funds
Stabilization 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; Notes
Appendix 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; Boxes
3.1 Fiscal Risk Analysis in Resource-Rich Countries
Record Nr. UNINA-9910798560303321
Ossowski Rolando  
Washington, D.C. : , : The World Bank, , 2016
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Fiscal Management in Resource-Rich Countries : : Essentials for Economists, Public Finance Professionals, and Policy Makers / / Rolando Ossowski
Fiscal Management in Resource-Rich Countries : : Essentials for Economists, Public Finance Professionals, and Policy Makers / / Rolando Ossowski
Autore Ossowski Rolando
Pubbl/distr/stampa Washington, D.C. : , : The World Bank, , 2016
Descrizione fisica 1 online resource (164 pages)
Disciplina 339.52
Collana World Bank Studies
Soggetto topico Fiscal policy
Revenue
Tax revenue estimating
ISBN 1-4648-0496-6
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto 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; Notes
Chapter 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 Producers
Fiscal 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 Funds
Stabilization 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; Notes
Appendix 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; Boxes
3.1 Fiscal Risk Analysis in Resource-Rich Countries
Record Nr. UNINA-9910820505603321
Ossowski Rolando  
Washington, D.C. : , : The World Bank, , 2016
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Resource financed infrastructure : a discussion on a new form of infrastructure financing / / Havard Halland, John Beardsworth, Bryan Land, and James Schmidt ; with comments by Paul Collier, Alan Gelb, Justin Yifu Lin and Yan Wang, Clare Short, Louis Wells
Resource financed infrastructure : a discussion on a new form of infrastructure financing / / Havard Halland, John Beardsworth, Bryan Land, and James Schmidt ; with comments by Paul Collier, Alan Gelb, Justin Yifu Lin and Yan Wang, Clare Short, Louis Wells
Autore Halland Havard
Pubbl/distr/stampa Washington, DC : , : International Bank for Reconstruction and Development / The World Bank, , 2014
Descrizione fisica 1 online resource (xv, 89 pages) : illustrations (some color) ; ; 26 cm
Disciplina 332.042
Collana World Bank Studies
Soggetto topico Infrastructure (Economics)
ISBN 1-4648-0240-8
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Front Cover; Contents; Acknowledgments; About the Authors; About the Commentators; Abbreviations; Part 1 Key Perspectives; Overview; Scope and Focus; RFI Essentials; RFI Debated; Criticism and Risks; Part 2 Resource Financed Infrastructure: Origins and Issues; Chapter 1 Introduction; Boxes; Box 1.1 In a Word; Chapter 2 The Origins of the Resource Financed Infrastructure Model; Traditional Resource Development Model; Box 2.1 The Investor; Figures; Figure 2.1 Example of a Traditional Resource Development Model; Box 2.2 Dual Role Risks; Tables; Table 2.1 Traditional Resource Development Model
Traditional Government Infrastructure Purchasing Model Figure 2.2 Example of a Traditional Government Infrastructure Purchasing Model; Project Finance Model; Table 2.2 Traditional Government Infrastructure Purchasing Model; Figure 2.3 Example of a Project Finance Model; Public-Private Partnership Model; Table 2.3 Project Finance Model; Figure 2.4 Example of a Public-Private Partnership Model; Table 2.4 Public-Private Partnership Model; Mind the Gaps; Chapter 3 Resource. Financed. Infrastructure.; Box 3.1 Three Government Counterparties for One Project?
Figure 3.1 Example of a Resource Financed Infrastructure Model with Government Ownership of the Infrastructure Component The Resource Financed Infrastructure Model: Similar to Its Parents, But a Unique Child; Figure 3.2 Example of a Resource Financed Infrastructure Model with a PPP Coinvestor in the Infrastructure Component; Table 3.1 Resource Financed Infrastructure Model; Chapter 4 Early Experience with Resource Financed Infrastructure Transactions; Box 4.1 A Model Timeline?; Chapter 5 Financial Issues; Unbundling the Main Financing Characteristics; Box 5.1 Revenue Anticipation Financing
Valuation of Resource Financed Infrastructure Exchanges Box 5.2 Pay the Interest?; Relationship to the Fiscal Regime; Box 5.3 The Project Implementation Unit; Box 5.4 Is Confidentiality Habit Forming?; Infrastructure Pricing; The Role of Concessional Finance; Environmental and Social Obligations; Chapter 6 Structural Issues; Key Contractual Arrangements in the Resource Financed Infrastructure Model; Tendering; Structure of Contract Liabilities and Settlement of Disputes, Current Practices, Main Issues, and Options; Sharing of Risk; Government Ownership/Joint Ventures
Chapter 7 Operational Issues Quality of the Infrastructure/Third-Party Supervision; Operation and Maintenance of Infrastructure; Specification of Technical Standards and Monitoring Requirements; Box 7.1 Choosing Standards; Chapter 8 Conclusions; Part 3 Comments; Comments by Paul Collier; Comments by Alan Gelb; Comments by Justin Yifu Lin* and Yan Wang**; Comments by Clare Short; Box A.1 The EITI Standard's Treatment of Resource Financed Infrastructure; Comments by Louis T. Wells; Back Cover
Record Nr. UNINA-9910791029403321
Halland Havard  
Washington, DC : , : International Bank for Reconstruction and Development / The World Bank, , 2014
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Resource financed infrastructure : a discussion on a new form of infrastructure financing / / Havard Halland, John Beardsworth, Bryan Land, and James Schmidt ; with comments by Paul Collier, Alan Gelb, Justin Yifu Lin and Yan Wang, Clare Short, Louis Wells
Resource financed infrastructure : a discussion on a new form of infrastructure financing / / Havard Halland, John Beardsworth, Bryan Land, and James Schmidt ; with comments by Paul Collier, Alan Gelb, Justin Yifu Lin and Yan Wang, Clare Short, Louis Wells
Autore Halland Havard
Pubbl/distr/stampa Washington, DC : , : International Bank for Reconstruction and Development / The World Bank, , 2014
Descrizione fisica 1 online resource (xv, 89 pages) : illustrations (some color) ; ; 26 cm
Disciplina 332.042
Collana World Bank Studies
Soggetto topico Infrastructure (Economics)
ISBN 1-4648-0240-8
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Front Cover; Contents; Acknowledgments; About the Authors; About the Commentators; Abbreviations; Part 1 Key Perspectives; Overview; Scope and Focus; RFI Essentials; RFI Debated; Criticism and Risks; Part 2 Resource Financed Infrastructure: Origins and Issues; Chapter 1 Introduction; Boxes; Box 1.1 In a Word; Chapter 2 The Origins of the Resource Financed Infrastructure Model; Traditional Resource Development Model; Box 2.1 The Investor; Figures; Figure 2.1 Example of a Traditional Resource Development Model; Box 2.2 Dual Role Risks; Tables; Table 2.1 Traditional Resource Development Model
Traditional Government Infrastructure Purchasing Model Figure 2.2 Example of a Traditional Government Infrastructure Purchasing Model; Project Finance Model; Table 2.2 Traditional Government Infrastructure Purchasing Model; Figure 2.3 Example of a Project Finance Model; Public-Private Partnership Model; Table 2.3 Project Finance Model; Figure 2.4 Example of a Public-Private Partnership Model; Table 2.4 Public-Private Partnership Model; Mind the Gaps; Chapter 3 Resource. Financed. Infrastructure.; Box 3.1 Three Government Counterparties for One Project?
Figure 3.1 Example of a Resource Financed Infrastructure Model with Government Ownership of the Infrastructure Component The Resource Financed Infrastructure Model: Similar to Its Parents, But a Unique Child; Figure 3.2 Example of a Resource Financed Infrastructure Model with a PPP Coinvestor in the Infrastructure Component; Table 3.1 Resource Financed Infrastructure Model; Chapter 4 Early Experience with Resource Financed Infrastructure Transactions; Box 4.1 A Model Timeline?; Chapter 5 Financial Issues; Unbundling the Main Financing Characteristics; Box 5.1 Revenue Anticipation Financing
Valuation of Resource Financed Infrastructure Exchanges Box 5.2 Pay the Interest?; Relationship to the Fiscal Regime; Box 5.3 The Project Implementation Unit; Box 5.4 Is Confidentiality Habit Forming?; Infrastructure Pricing; The Role of Concessional Finance; Environmental and Social Obligations; Chapter 6 Structural Issues; Key Contractual Arrangements in the Resource Financed Infrastructure Model; Tendering; Structure of Contract Liabilities and Settlement of Disputes, Current Practices, Main Issues, and Options; Sharing of Risk; Government Ownership/Joint Ventures
Chapter 7 Operational Issues Quality of the Infrastructure/Third-Party Supervision; Operation and Maintenance of Infrastructure; Specification of Technical Standards and Monitoring Requirements; Box 7.1 Choosing Standards; Chapter 8 Conclusions; Part 3 Comments; Comments by Paul Collier; Comments by Alan Gelb; Comments by Justin Yifu Lin* and Yan Wang**; Comments by Clare Short; Box A.1 The EITI Standard's Treatment of Resource Financed Infrastructure; Comments by Louis T. Wells; Back Cover
Record Nr. UNINA-9910814816403321
Halland Havard  
Washington, DC : , : International Bank for Reconstruction and Development / The World Bank, , 2014
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Resource financed infrastructure : a discussion on a new form of infrastructure financing / / Håvard Halland [and three others] ; with comments by Paul Collier [and four others]. ; cover photo, Sam Edwards ; cover design, Debra Naylor
Resource financed infrastructure : a discussion on a new form of infrastructure financing / / Håvard Halland [and three others] ; with comments by Paul Collier [and four others]. ; cover photo, Sam Edwards ; cover design, Debra Naylor
Pubbl/distr/stampa Washington, District of Columbia : , : The World Bank, , 2014
Descrizione fisica 1 online resource (111 p.)
Disciplina 363
Collana World Bank Studies
Soggetto topico Infrastructure (Economics)
Soggetto genere / forma Electronic books.
ISBN 1-4648-0240-8
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Front Cover; Contents; Acknowledgments; About the Authors; About the Commentators; Abbreviations; Part 1 Key Perspectives; Overview; Scope and Focus; RFI Essentials; RFI Debated; Criticism and Risks; Part 2 Resource Financed Infrastructure: Origins and Issues; Chapter 1 Introduction; Boxes; Box 1.1 In a Word; Chapter 2 The Origins of the Resource Financed Infrastructure Model; Traditional Resource Development Model; Box 2.1 The Investor; Figures; Figure 2.1 Example of a Traditional Resource Development Model; Box 2.2 Dual Role Risks; Tables; Table 2.1 Traditional Resource Development Model
Traditional Government Infrastructure Purchasing Model Figure 2.2 Example of a Traditional Government Infrastructure Purchasing Model; Project Finance Model; Table 2.2 Traditional Government Infrastructure Purchasing Model; Figure 2.3 Example of a Project Finance Model; Public-Private Partnership Model; Table 2.3 Project Finance Model; Figure 2.4 Example of a Public-Private Partnership Model; Table 2.4 Public-Private Partnership Model; Mind the Gaps; Chapter 3 Resource. Financed. Infrastructure.; Box 3.1 Three Government Counterparties for One Project?
Figure 3.1 Example of a Resource Financed Infrastructure Model with Government Ownership of the Infrastructure Component The Resource Financed Infrastructure Model: Similar to Its Parents, But a Unique Child; Figure 3.2 Example of a Resource Financed Infrastructure Model with a PPP Coinvestor in the Infrastructure Component; Table 3.1 Resource Financed Infrastructure Model; Chapter 4 Early Experience with Resource Financed Infrastructure Transactions; Box 4.1 A Model Timeline?; Chapter 5 Financial Issues; Unbundling the Main Financing Characteristics; Box 5.1 Revenue Anticipation Financing
Valuation of Resource Financed Infrastructure Exchanges Box 5.2 Pay the Interest?; Relationship to the Fiscal Regime; Box 5.3 The Project Implementation Unit; Box 5.4 Is Confidentiality Habit Forming?; Infrastructure Pricing; The Role of Concessional Finance; Environmental and Social Obligations; Chapter 6 Structural Issues; Key Contractual Arrangements in the Resource Financed Infrastructure Model; Tendering; Structure of Contract Liabilities and Settlement of Disputes, Current Practices, Main Issues, and Options; Sharing of Risk; Government Ownership/Joint Ventures
Chapter 7 Operational Issues Quality of the Infrastructure/Third-Party Supervision; Operation and Maintenance of Infrastructure; Specification of Technical Standards and Monitoring Requirements; Box 7.1 Choosing Standards; Chapter 8 Conclusions; Part 3 Comments; Comments by Paul Collier; Comments by Alan Gelb; Comments by Justin Yifu Lin* and Yan Wang**; Comments by Clare Short; Box A.1 The EITI Standard's Treatment of Resource Financed Infrastructure; Comments by Louis T. Wells; Back Cover
Record Nr. UNINA-9910458266203321
Washington, District of Columbia : , : The World Bank, , 2014
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui