|
|
|
|
LEADER |
02443nmm a2200517 u 4500 |
001 |
EB000924316 |
003 |
EBX01000000000000000717912 |
005 |
00000000000000.0 |
007 |
cr||||||||||||||||||||| |
008 |
150128 ||| eng |
020 |
|
|
|a 9781484389812
|
100 |
1 |
|
|a Caceres, Carlos
|
245 |
0 |
0 |
|a The Day After Tomorrow
|b Designing an Optimal Fiscal Strategy for Libya
|c Carlos Caceres, Serhan Cevik, Marco Committeri, Borja Gracia
|
260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2013
|
300 |
|
|
|a 32 pages
|
651 |
|
4 |
|a Libya
|
653 |
|
|
|a Fiscal stance
|
653 |
|
|
|a Energy
|
653 |
|
|
|a Fiscal rules
|
653 |
|
|
|a Public finance & taxation
|
653 |
|
|
|a Other Primary Products
|
653 |
|
|
|a Environment
|
653 |
|
|
|a National Deficit Surplus
|
653 |
|
|
|a Fiscal Policy
|
653 |
|
|
|a Structure, Scope, and Performance of Government
|
653 |
|
|
|a Natural Resources
|
653 |
|
|
|a Fiscal policy
|
653 |
|
|
|a National Government Expenditures and Related Policies: General
|
653 |
|
|
|a Expenditure
|
653 |
|
|
|a Fiscal sustainability
|
653 |
|
|
|a Cycles
|
653 |
|
|
|a Economic Development: Agriculture
|
653 |
|
|
|a Expenditures, Public
|
653 |
|
|
|a Macroeconomics
|
653 |
|
|
|a Business Fluctuations
|
653 |
|
|
|a Public Finance
|
700 |
1 |
|
|a Cevik, Serhan
|
700 |
1 |
|
|a Committeri, Marco
|
700 |
1 |
|
|a Gracia, Borja
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
|
|
|b IMF
|a International Monetary Fund
|
490 |
0 |
|
|a IMF Working Papers
|
028 |
5 |
0 |
|a 10.5089/9781484389812.001
|
856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2013/079/001.2013.issue-079-en.xml?cid=40431-com-dsp-marc
|x Verlag
|3 Volltext
|
082 |
0 |
|
|a 330
|
520 |
|
|
|a Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, procyclical fiscal policies threaten macroeconomic stability as well as fiscal sustainability and intergenerational equity. In three parts, this paper provides an assessment of the cyclically adjusted fiscal stance, analyzes fiscal sustainability according the permanent income framework, and simulates various fiscal policy rules with the objective of developing a rule-based fiscal strategy that would delink the economy from oil price fluctuations, improve the management of resource wealth, and safeguard macroeconomic stability
|