How to design a fiscal strategy in a resource-rich country : guidance note on the excel template

prepared by Olivier Basdevant, John Hooley, and Eslem Imamoglu

This guidance note describes how to use the Excel-based template developed by the Fiscal Affairs Department (FAD) of the IMF accompanying the note 'How to Design a Fiscal Strategy in a Resource-Rich Country.' This template uses data inputs to generate simulations of fiscal policy dynamics. It helps IMF teams and country authorities in RRCs analyze trade-offs associated with alternative fiscal strategies for the use of public resource wealth. Visualizing these trade-offs and assessing their sensitivity to underlying macroeconomic assumptions can help inform policymakers on the most appropriate fiscal strategy, given country-specific circumstances

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Year of publication:	February 2021
Authors:	Basdevant, Olivier ; Hooley, John ; Imamoglu, Eslem
Publisher:	Washington, DC, U.S.A. : International Monetary Fund, Fiscal Affairs Department
Subject:	FADHTN \| HTN \| resource revenue \| calibration method \| commodity shock \| dropdown menu \| shock path \| Schock \| Shock \| Finanzpolitik \| Fiscal policy \| Rohstoffvorkommen \| Resource deposit \| Öffentliche Einnahmen \| Public revenue \| Rohstoffpreis \| Commodity price