Series: Occasional Papers
Author(s): Mauricio Villafuerte , Rolando Ossowski , Theo Thomas , and Paulo Medas
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 30 April 2008
Keywords: Financial institutions, Oil revenues, oil-producing countries, fiscal policy, oil prices, fiscal rules
Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how gover...