Savings and investment decisions in a poor oil economy: beyond the textbook case

The current commodity boom is a major opportunity for poor countries exporting exhaustible resources such as oil. In the past oil booms were often mismanaged leaving the country with lower long run income. Many countries are now well aware that booms require intricate savings and investment strategi...

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Bibliographic Details
Main Authors: Collier, P, Gunning, J
Format: Working paper
Language:English
Published: 2007
Subjects: