Fiscal Frameworks for Resource Rich Developing Countries ( IMF Staff Discussion Notes )

Publication series ： IMF Staff Discussion Notes

Author： Marcos Poplawski-Ribeiro   Mr. Mauricio Villafuerte   Mr. Thomas Baunsgaard   Christine J. Richmond  

Publisher： INTERNATIONAL MONETARY FUND‎

Publication year： 2012

E-ISBN: 9781616353957

P-ISBN(Paperback): 9781475510065

Subject： F811.0 Policy

Keyword： Natural resources,Developing countries,Fiscal sustainability,Natural resources,permanent income hypothesis, public financial management,fiscal framework, fiscal rules,macro-fiscal management

Language： ENG

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Description

This note will provide guidance from a practitioner’s or policymaker’s perspective on how to design fiscal frameworks in natural resource intensive countries. It will lay out principles that should help countries to meet development needs while dealing with the resource revenue volatility, uncertainty, and exhaustibility (intergenerational equity).

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