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10 What Is Reasonable to Expect of the IMF on the Environment?

10 What Is Reasonable to Expect of the IMF on the Environment? »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

To a remarkable extent, the work of the IMF is still guided by its original mandate, as spelled out in the Articles of Agreement. In 1944, the founding fathers charged the IMF with,...

6 Environmental Accounting: A Framework for Assessment and Policy Integration

6 Environmental Accounting: A Framework for Assessment and Policy Integration »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

The compartmentalization of human activities and a corresponding neglect of ecological and socioeconomic interdependence have been blamed for policy failures in both environment and...

5 How the Environment Affects the Macroeconomy

5 How the Environment Affects the Macroeconomy »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

Standard texts in economic development have little or nothing to say about the natural or non-built environment. A well-known review of the state of development economics, for examp...

3 How Macroeconomic Policies Affect the Environment: What Do We Know?

3 How Macroeconomic Policies Affect the Environment: What Do We Know? »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

The International Monetary Fund is a monetary institution charged with the responsibility of promoting international financial and exchange stability through the adoption of sound m...

9 Economy-Wide Policies and the Environment: Developing Countries

9 Economy-Wide Policies and the Environment: Developing Countries »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

During the 1980s, economic crises in many developing countries resulted in economic hardship, characterized by severe internal and external imbalances. Stabilization and adjustment...

1 Macroeconomics and the Environment: Summary and Conclusions

1 Macroeconomics and the Environment: Summary and Conclusions »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

Two themes dominated the discussions at the seminar. How do macroeconomic policies and the environment interact? How important is it that the Fund staff become aware of this interac...

4 Macroeconomic Policies and the Environment

4 Macroeconomic Policies and the Environment »

Source: Macroeconomics and the Environment

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1996

ISBN: 9781557755360

Keywords: environment, environmental policies, environmental degradation, natural resources, national accounts

Summary of Findings and Conclusions It is by now widely agreed that links between the environment and the economy are too important to be ignored. This holds true for all countries,...

14 Hedging Government Oil Price Risk

14 Hedging Government Oil Price Risk »

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 price risk is the risk that oil prices may change rapidly, substantially, and unpredictably. Governments are subject to this risk in two main ways...

CHAPTER 1 Overview

CHAPTER 1 Overview »

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

This book is based on a high-level seminar that took place in Algiers on November 4th and 5th, 2010, under the title, “Natural Resources, Finance, and Development: Confronting Old a...

9 Oil Revenue Assignments: Country Experiences and Issues

9 Oil Revenue Assignments: Country Experiences and Issues »

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 The assignment of oil revenues in multilevel countries raises a number of issues, including the right of subnational regions to raise revenues on natu...