Harnessing windfall revenues: Optimal policies for resource-rich developing economies
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- Frederick van der Ploeg & Anthony J. Venables, 2011. "Harnessing Windfall Revenues: Optimal Policies for Resource‐Rich Developing Economies," Economic Journal, Royal Economic Society, vol. 121(551), pages 1-30, March.
- Frederick Van der Ploeg & Anthony J. Venables, 2009. "Harnessing Windfall Revenues: Optimal Policies for Resource-Rich Developing Economies," CESifo Working Paper Series 2571, CESifo.
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More about this item
Keywords
Natural resource; Windfall public revenues; Risk premium on foreign debt; Public infrastructure; Private investment; Credit constraints; Optimal fiscal policy; Debt management; Sovereign Wealth Fund; Asset holding subsidy; developing economies;All these keywords.
JEL classification:
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
- F35 - International Economics - - International Finance - - - Foreign Aid
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DEV-2011-04-02 (Development)
- NEP-LAM-2011-04-02 (Central and South America)
- NEP-MAC-2011-04-02 (Macroeconomics)
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