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...
| Главные авторы: | , , , |
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| Формат: | Working paper |
| Опубликовано: |
University of Oxford
2009
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