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Prudential Management of Hydrocarbon Revenues in Resource-Rich Economies

Author

Listed:
  • Yelena Kalyuzhnova

    (University of Reading)

  • Michael Kaser

    (University of Birmingham and Oxford University)

Abstract

This paper discusses the policy options that resource-rich economies need to implement in order to promote capital formation and sustainable development.

Suggested Citation

  • Yelena Kalyuzhnova & Michael Kaser, 2005. "Prudential Management of Hydrocarbon Revenues in Resource-Rich Economies," ECE Discussion Papers Series 2005_4, UNECE.
    • Handle: RePEc:ece:dispap:2005_4
    as

    Download full text from publisher

    File URL: http://www.unece.org/fileadmin/DAM/oes/disc_papers/ECE_DP_2005-4.pdf
    File Function: First version, 2005
    Download Restriction: no
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Asfaha, Samuel, 2007. "National Revenue Funds: Their Efficacy for Fiscal Stability and Intergenerational Equity," MPRA Paper 7656, University Library of Munich, Germany.
    2. Boris Najman & Richard Pomfret & Gael Raballand & Patricia Sourdin, 2005. "How are Oil Revenues redistributed in an Oil Economy? The case of Kazakhstan," Development and Comp Systems 0512012, University Library of Munich, Germany.

    More about this item

    Keywords

    Russia; resource abundance; dutch disease; economic growth;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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