Fiscal Policy Formulation and Implementation in Oil-Producing Countries.

Intro -- Contents -- Foreword -- Acknowledgments -- 1 Fiscal Challenges in Oil-Producing Countries: An Overview -- Part I. Determining Fiscal Policy in Oil-Producing Countries -- 2 An Alternative Interpretation of the "Resource Curse": Theory and Policy Implications -- 3 Operational Aspects of Fiscal Policy in Oil-Producing Countries -- 4 The Political Economy of Fiscal Policy and Economic Management in Oil-Exporting Countries -- 5 Statistical Properties of Oil Prices: Implications for Calculating Government Wealth -- Part II. Dealing with Oil Revenue -- 6 Revenue from the Oil and Gas Sector: Issues and Country Experience -- 7 National Oil Companies: Evolution, Issues, Outlook -- 8 The Assignment of Oil Tax Revenue -- 9 Oil Revenue Assignments: Country Experiences and Issues -- 10 Oil Revenue and Fiscal Federalism -- Part III. Institutional Arrangements for Dealing with Oil Revenue Instability -- 11 Stabilization and Savings Funds for Nonrenewable Resources: Experience and Fiscal Policy Implications -- 12 Fiscal Policy and Petroleum Fund Management in Norway -- 13 Oil Funds in Transition Economies: Azerbaijan and Kazakhstan -- 14 Hedging Government Oil Price Risk -- Part IV. Designing Policies for Domestic Petroleum Pricing -- 15 Issues in Domestic Petroleum Pricing in Oil- Producing Countries -- 16 The Impact of Gasoline Price Subsidies on the Government and the National Oil Company -- 17 Domestic Petroleum Price Smoothing in Developing and Transition Countries -- 18 Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union -- Contributors.