Ahrend, Rudiger - Economics Department, Organisation de Coopération et … - 2004
underlying it. A key finding is that the role of the oil sector, and particularly privately owned oil companies, has been vastly … more important in driving economic growth since 2001 than most analyses have recognised. The oil sector’s contribution to … postcrisis fiscal policy, by balancing the federal budget over the oil-price cycle, has also been essential for creating a …