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How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy

How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy »

Source: How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy

Volume/Issue: 1998/6

Series: IMF Working Papers

Author(s): Christoph Rosenberg , and Tapio Saavalainen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1998

ISBN: 9781451929164

Keywords: Dutch disease, transition, oil, oil revenues, transition countries, oil sector, transition economies, transition economy

The petroleum-rich former Soviet republics around the Caspian Sea face the dual challenge of managing the transition to a market economy and a booming resource sector. This paper examines this challenge with partic...

10 Oil Revenue and Fiscal Federalism

10 Oil Revenue and Fiscal Federalism »

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

Introduction Although the theory hardly recommends revenues from oil and gas as an ideal source of finance for subnational governments—with the exception of funds to...

4 The Political Economy of Fiscal Policy and Economic Management in Oil-Exporting Countries

4 The Political Economy of Fiscal Policy and Economic Management in Oil-Exporting Countries »

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 Most mineral exporters, and in particular the oil exporters, have done far less well than resource-poor countries over the past few decades, particula...

15 Issues in Domestic Petroleum Pricing in Oil-Producing Countries

15 Issues in Domestic Petroleum Pricing in Oil-Producing Countries »

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 Petroleum product prices are often heavily regulated. Domestic price controls are prevalent, especially in countries that are net exporters of oil. Governments often...

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...