Management of oil windfalls in Mexico historical experience and policy options for the future
Policy options for protecting Mexico's economy from volatility in oil revenues without eliminating the benefits from rising prices include a stablilizaton fund and hedging strategies on international markets. A stabilization fund and hedging strategies can complement each other, the fund workin...
| Main Author: | |
|---|---|
| Corporate Authors: | , |
| Other Authors: | |
| Format: | eBook |
| Language: | English |
| Published: |
World Bank, Mexico Country Management Unit and International Finance Corporation, Economics Department
2001
|
| Series: | Policy research working paper
|
| Subjects: | |
| Online Access: | |
| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | Policy options for protecting Mexico's economy from volatility in oil revenues without eliminating the benefits from rising prices include a stablilizaton fund and hedging strategies on international markets. A stabilization fund and hedging strategies can complement each other, the fund working as the main receipient of revenues, and the hedging strategies managing short-lived movements in prices. This joint strategy would reduce the size of the fund and the probablility of its going bankrupt |
|---|---|
| Item Description: | "April 2001. - Includes bibliographical references (p. 27-32). - Title from title screen as viewed on Sept. 11, 2002 |