This paper examines the impact of the availability of fiscal revenues from nonrenewable resources on other revenues of Latin American and Caribbean resource-exporting countries. It compares the performance of nonresource revenues in these countries to that in other countries in the region. The...

El manejo adecuado de los ingresos fiscales por Recursos Naturales No Renovables (RNNR) busca cumplir tres objetivos: evitar la desestabilización macroeconómica, redistribuir equitativamente la riqueza minera entre la generación presente y las futuras, y promover la diversificación...

In a number of countries that depend on the export of oil and other nonrenewable resources, governments have put in place fiscal rules or fiscal guidelines and/or nonrenewable resource funds in the expectation that these institutional mechanisms might help in the implementation of fiscal policy....

This paper examines the impact of the availability of fiscal revenues from nonrenewable resources on other revenues of Latin American and Caribbean resource-exporting countries. It compares the performance of nonresource revenues in these countries to that in other countries in the region. The...