Containing Volatility : Windfall Revenues for Resource-Rich Low-Income Countries

An abundance of natural resources is both an opportunity and a challenge for developing countries. Several resource-rich, low-income countries receive amounts of foreign aid that are similar to or larger than their actual or potential revenues from...

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Bibliographic Details
Main Authors:	Dobronogov, Anton, Keutiben, Octave
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING AID EFFECTIVENESS ALLOCATION AMOUNT OF CAPITAL BOOMBUST CYCLE BOOMBUST CYCLES BUDGET CONSTRAINT BUDGETING CAPITAL ACCUMULATION CAPITAL INVESTMENT CAPITAL MARKETS CAPITAL STOCK CASH FLOWS CIVIL WAR COMMODITY COMMODITY PRICE CONSUMPTION RATES CORRUPTION DEBT DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT BANKS DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISBURSEMENT DISBURSEMENTS DISPOSABLE INCOME DOMESTIC ECONOMY DONOR AGENCIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REFORMS EXPECTED UTILITY EXPECTED VALUE EXPENDITURE EXPENDITURES EXPORTERS FACTORS OF PRODUCTION FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL RESOURCES FISCAL RESOURCES FUNGIBLE GDP GOVERNMENT BUDGET GOVERNMENT EXPENDITURE GOVERNMENT FUNDS GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SAVING GOVERNMENT SPENDING GROWTH RATE GROWTH RATES HOUSEHOLDS HUMAN CAPITAL INCOME INCOME TAX INDEXATION INEQUALITY INFRASTRUCTURE PROJECTS INSTITUTIONAL REFORMS INSURANCE INTERNATIONAL BANK INTERNATIONAL BORROWING INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INVESTMENT PROJECTS INVESTMENT RATE LEVIES LOW-INCOME COUNTRIES LOW-INCOME COUNTRY LOW-INCOME ECONOMIES MACROECONOMIC INSTABILITY MACROECONOMIC STABILITY MACROECONOMIC VOLATILITY MACROECONOMICS MARGINAL COST MARGINAL PRODUCT MARGINAL PRODUCTIVITY MARGINAL UTILITY MARGINAL UTILITY OF CONSUMPTION MARKET ACCESS MONETARY FUND MONETARY POLICY MULTILATERAL DEVELOPMENT NATURAL RESOURCE NATURAL RESOURCES OIL PRICES OPEN ECONOMIES OUTPUT PHYSICAL CAPITAL POLITICAL ECONOMY POPULISM POSITIVE EXTERNALITIES PRICE VOLATILITY PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE SECTOR PUBLIC FINANCE PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SPENDING REAL EXCHANGE RATE RENT SEEKING REPUBLIC RESERVES STATE INTERVENTION TAX TAX RATE TAX RULE TAXATION TECHNICAL ASSISTANCE TRANSPARENCY UTILITY FUNCTION VARIABLE RATE WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2014/06/19746806/containing-volatility-windfall-revenues-resource-rich-low-income-countries http://hdl.handle.net/10986/19370

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http://documents.worldbank.org/curated/en/2014/06/19746806/containing-volatility-windfall-revenues-resource-rich-low-income-countries
http://hdl.handle.net/10986/19370

Containing Volatility : Windfall Revenues for Resource-Rich Low-Income Countries

Internet

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