Series: IMF Working Papers
Author(s): Sheila Bassett , Claire Liuksila , and Alejandro García
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 1994
Keywords: oil reserves, fiscal stance, oil revenues, government revenue
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...