Trinidad and Tobago; Selected Issues

This Selected Issues paper analyzes medium-term fiscal sustainability in Trinidad and Tobago. The paper focuses on the challenge of distributing the nonrenewable resource wealth across generations. Its recommendations are geared toward the goal of intergenerational distribution and therefore focus on the transformation of the natural resource wealth into other assets. The paper reviews the main aspects of the monetary transmission mechanism in Trinidad and Tobago, and also offers some suggestions to improve the effectiveness of monetary policy transmission.

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Year of publication:	2007-01-08
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Deficit financing \| Energy prices \| Gross domestic product \| Interest rates \| Oil sector \| Real interest rates \| Selected issues \| fiscal sustainability \| fiscal policy \| oil prices \| oil and gas \| crude oil \| fiscal adjustment \| natural gas \| gas reserves \| public expenditure \| oil-producing countries \| oil revenues \| sustainable fiscal policy \| fiscal targets \| medium-term fiscal sustainability \| oil exporters \| fiscal policy formulation \| nonrenewable resources \| tax revenue \| capital expenditure \| gas production \| budget constraint \| primary expenditure \| crude oil price \| gas price \| taxation \| fiscal years \| budget deficit \| tax policy \| gas fields \| public spending \| fiscal solvency \| fiscal management \| natural resources \| crude oil prices \| natural gas reserves \| fiscal position \| probable reserves \| fiscal performance \| tax reform \| tax cuts \| gas processing

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 07/8 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244257