Managing (Fiscally) Resource Windfalls : Exploring Policy Options for the Democratic Republic of Congo

Managing (Fiscally) Resource Windfalls : Exploring Policy Options for the Democratic Republic of Congo

How should resource-dependent countries respond (fiscally) to resource price volatility? This note studies what determines revenue allocation between a "spend today" strategy and a "save now-spend tomorrow" approach in the conte...

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Bibliographic Details
Main Author:	Pinto-Moreira, Emmanuel
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	commodity prices price shocks sovereign wealth fund DSGE model
Online Access:	http://documents.worldbank.org/curated/en/2016/09/26819003/economic-premise--managing-fiscally-resource-windfalls-exploring-policy-options-democratic-republic-congo-economic-premise-managing-fiscally-resource-windfalls-exploring-policy-options-democratic-republic-congo http://hdl.handle.net/10986/25153

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