Managing resource revenues in developing

Managing resource revenues in developing

This paper addresses the efficient management of natural resource revenues in capitalscarce developing economies. We depart from usual prescriptions based on the permanent income hypothesis and argue that capital-scarce countries should prioritise domestic investment. Since revenue streams are highl...

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Autors principals:	Collier, P, Venables, A, Van der Ploeg, R, Spence, M
Format:	Working paper
Publicat:	University of Oxford 2009

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