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The Day After Tomorrow
			: Designing an Optimal Fiscal Strategy for Libya

The Day After Tomorrow : Designing an Optimal Fiscal Strategy for Libya »

Volume/Issue: 2013/79

Series: IMF Working Papers

Author(s): Carlos Caceres , Serhan Cevik , Ricardo Fenochietto , and Borja Gracia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2013

DOI: http://dx.doi.org/10.5089/9781484389812.001

ISBN: 9781484389812

Keywords: Fiscal policy, cyclical adjustment, fiscal sustainability, permanent income hypothesis, fiscal rules, natural resources, public financial management, fiscal stance, primary deficit, Structure and Scope of Government

Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, proc...

Libya
			: Technical Assistance Report-Public Financial Management Reform  Priorities in the New Environment

Libya : Technical Assistance Report-Public Financial Management Reform Priorities in the New Environment »

Volume/Issue: 2013/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 February 2013

DOI: http://dx.doi.org/10.5089/9781475528954.002

ISBN: 9781475528954

Keywords: budget preparation, medium-term fiscal framework, public financial management, budget execution

Libya faces a number of challenges to establishing a robust, efficient, and transparent public financial management system. There is a need to establish a clear macrofiscal policy framework. The Sovereign Wealth Fu...

Regional Economic Outlook, Middle East and Central Asia, October 2015

Regional Economic Outlook, Middle East and Central Asia, October 2015 »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

DOI: http://dx.doi.org/10.5089/9781513528526.086

ISBN: 9781513528526

Keywords: environment, oil, oil prices, prices, exporters

This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income o...

The Day After Tomorrow

The Day After Tomorrow »

Source: The Day After Tomorrow : Designing an Optimal Fiscal Strategy for Libya

Volume/Issue: 2013/79

Series: IMF Working Papers

Author(s): Carlos Caceres , Serhan Cevik , Ricardo Fenochietto , and Borja Gracia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2013

ISBN: 9781484389812

Keywords: Fiscal policy, cyclical adjustment, fiscal sustainability, permanent income hypothesis, fiscal rules, natural resources, public financial management, fiscal stance, primary deficit, Structure and Scope of Government

Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, proc...

The Elusive Revival: The expected boost in growth from natural resource booms is not yet happening

The Elusive Revival: The expected boost in growth from natural resource booms is not yet happening »

Source: Finance and Development, September 2013

Volume/Issue: 50/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2013

ISBN: 9781484353653

Keywords: natural resources, natural resource, natural resource management

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterl...

Mideast-Central Asia: Strong Growth Outlook Tempered by Rising Inflation

Mideast-Central Asia: Strong Growth Outlook Tempered by Rising Inflation »

Source: IMF Survey, Volume 36 Issue 14

Volume/Issue: 36/14

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 December 2007

ISBN: 9781451938630

Keywords: oil prices, oil demand, spot price, organization of petroleum exporting countries, crude prices

Rising Energy Costs, Liberia to get debt relief, Climate Change, World Economic Outlook, European Economic Outlook, Latin American Economic Outlook, Mideast-Central Asia Economic Outlook, Technical Assistance, Rese...

Book Reviews

Book Reviews »

Source: Finance and Development, September 2013

Volume/Issue: 50/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2013

ISBN: 9781484353653

Keywords: natural resources, natural resource, natural resource management

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterl...

Republic of Kazakhstan: Selected Issues

Republic of Kazakhstan: Selected Issues »

Source: Republic of Kazakhstan : Selected Issues

Volume/Issue: 2004/362

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2004

ISBN: 9781451820935

Keywords: oil sector, international monetary fund, oil production, oil prices

This Selected Issues paper analyzes the optimal policy response on the part of the Kazakhstan authorities to the prospective oil inflows. It surveys the literature on the so-called natural resource curse and offers...

France: Staff Report for the 2013 Article IV Consultation—Informational Annex

France: Staff Report for the 2013 Article IV Consultation—Informational Annex »

Source: France : 2013 Article IV Consultation

Volume/Issue: 2013/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2013

ISBN: 9781475571868

Keywords: fiscal consolidation, structural fiscal, fiscal adjustment, tax incentives, tax wedge

This 2013 Article IV Consultation highlights that in a context of weakening economic conditions in Europe and sizeable fiscal consolidation and domestic policy uncertainty, the French economy flat lined in 2012. Ho...

The U.S. Oil Supply Revolution and the Global Economy1

The U.S. Oil Supply Revolution and the Global Economy1 »

Source: The U.S. Oil Supply Revolution and the Global Economy

Volume/Issue: 2015/259

Series: IMF Working Papers

Author(s): Kamiar Mohaddes , and Mehdi Raissi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2015

ISBN: 9781513509846

Keywords: Tight oil, shale oil, fracking revolution, oil price decline, oil supply, global macroeconometric modeling, international business cycle, oil, prices, oil prices

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2...