Showing 1 - 10 of 73
This paper examines the fiscal responses of oil-producing countries (OPCs) to the oil boom through 2005 and the role of special fiscal institutions (SFIs)-oil funds, fiscal rules and fiscal responsibility legislation (FRL), and budgetary oil prices-in fiscal management in OPCs, and draws some...
Persistent link: https://www.econbiz.de/10014409980
Persistent link: https://www.econbiz.de/10014410086
This Technical Assistance (TA) Report on the Philippines discusses the fiscal regime for the mining sector. The Philippines has long been a producer of minerals, but the mining and petroleum sectors account for only a small share of the economy, exports, and government revenue. The petroleum...
Persistent link: https://www.econbiz.de/10014395456
A short-run macroeconomic model is estimated for Venezuela, in order to examine the hypothesis that the availability of oil resources may entail a confidence effect—on perceived future incomes—that influences the expenditure and portfolio behavior of economic agents. Such confidence effect...
Persistent link: https://www.econbiz.de/10014396215
By definition, fiscal dominance impedes the effective implementation of any monetary strategy aimed at controlling inflation. Economies that exhibit oil dominance-a situation in which oil exports largely affect the main macroeconomic indicators-may also exhibit fiscal dominance. However, in this...
Persistent link: https://www.econbiz.de/10014401522
This Selected Issues paper takes stock of the progress made in meeting the objectives under Indonesia’s Extended … emphasis on how Indonesia’s economic recovery compares with those of the other major Asian “crisis” countries. A major …, Indonesia’s overall economic performance has lagged behind others in the region …
Persistent link: https://www.econbiz.de/10014405213
Despite security risks and some major natural disasters, Indonesia has continued to make steady economic progress in …
Persistent link: https://www.econbiz.de/10014405372
The corporate sector in Indonesia has been recovering in recent years from the financial crisis of 1997–98. This paper … vulnerabilities. The decline in corporate leverage may have resulted to a large extent from supply-side constraints. Indonesia was the …
Persistent link: https://www.econbiz.de/10014405471
The abstract summarizes the Report on Observance of Standards and Codes and Fiscal Transparency Module of Indonesia. It …
Persistent link: https://www.econbiz.de/10014405542
This paper presents Indonesia’s 2005 Article IV Consultation and Third Post-Program Monitoring discussions. The … substantially reduced, and the external position has remained sound. In spite of these achievements, considering Indonesia …
Persistent link: https://www.econbiz.de/10014405671