Optimal fiscal policy in the face of oil windfalls and other known unknowns
When a country discovers large new natural resource energy reserves, its citizens are gifted with possibility of financing a great economic transformation. Yet, often, the state which manages the transformation fails to deliver a sufficient high and well timed contribution to the well being of curre...
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| Format: | Working paper |
| Language: | English |
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Oxford Institute for Energy Studies
2012
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