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CHAPTER 7 Primary Commodity Price Series: Lessons for Policymakers in Resource-Rich Countries

CHAPTER 7 Primary Commodity Price Series: Lessons for Policymakers in Resource-Rich Countries »

Source: Beyond the Curse : Policies to Harness the Power of Natural Resources

Series: Books

Author(s): Amadou Sy , Rabah Arezki , and Thorvaldur Gylfason

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2012

ISBN: 9781616351458

Keywords: natural resource, copper, inflation, commodity prices

INTRODUCTION This chapter investigates the challenges faced by policymakers when conducting a fiscal policy in resource-rich countries. These challenges become more acute in resource...

6 Revenue from the Oil and Gas Sector: Issues and Country Experience

6 Revenue from the Oil and Gas Sector: Issues and Country Experience »

Source: Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Series: Books

Author(s): Jeffrey Davis , Annalisa Fedelino , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2003

ISBN: 9781589061750

Keywords: oil prices, fiscal policy, oil revenues, oil and gas, taxation

I. Introduction Oil and gas extraction plays a dominant role as a source of export earnings and, to a lesser extent, employment in many developing countries. But the...