Asset Policies during an Oil Windfall: Some Simple Analytics.
Many developing countries are currently experiencing oil windfalls, whether due to discoveries or to price effects. Such windfalls pose a series of policy dilemmas. The literature has focused on one of these: the choice between using windfall savings for public capital formation and investment in fo...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
2005
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