Fiscal Policy Sustainability in Oil-Producing Countries

Fiscal Policy Sustainability in Oil-Producing Countries
Assessing the sustainability of a given fiscal policy is especially important for countries that depend on income from exhaustible resources. Political and growth pressures may push governments to raise expenditure when revenue from exhaustible resources rises, but cutting outlays when price swings reduce income is often difficult. Traditional... READ MORE...

Publication date: November 1994
ISBN 9781451855852
$15.00

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