Cover -- Title page -- Copyright -- Contents -- Illustrations -- Tables -- Acknowledgments -- 1 National Laws -- Introduction -- National Laws -- Families of National Legal Systems -- The Common Law System -- The Civil Law (Code) System -- Islamic Law -- Do Contracts Make Law? -- Additional...

This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second,...

Over many years rises and fall of world oil prices have been repeatedly reflected in the boom-bust cycles in oil-exporting countries the world over. The recent spectacular rise and equally spectacular fall in prices provides an opportunity to inquire whether anything is different this time. In...

This paper introduces a methodology for assessing external balance in countries with large stocks of non-renewable resources based on oil stock data, and applies it to selected oil producing countries. The methodology uses a stock approach (instead of the more traditional flow approach) to...