The Resource Management of oil wealth under the permanent income hypothesis : the case of Sāo Tomé and Príncipe, prepared by Alonso Segura

Management of oil wealth under the permanent income hypothesis : the case of Sāo Tomé and Príncipe, prepared by Alonso Segura

Label
Management of oil wealth under the permanent income hypothesis : the case of Sāo Tomé and Príncipe
Title
Management of oil wealth under the permanent income hypothesis
Title remainder
the case of Sāo Tomé and Príncipe
Statement of responsibility
prepared by Alonso Segura
Creator
Author
Subject
Language
eng
Summary
This paper documents the protracted process of shaping the rules governing oil operations in São Tomé and Príncipe. It analyzes the institutional framework for oil sector development, which applies Milton Friedman's permanent income hypothesis to the management of oil resources. São Tomé and Príncipe is the first country in Africa to adopt this rule. Finally, the paper offers a preliminary quantitative analysis of the impact of oil sector development on government consumption and savings. It shows that the country's oil wealth could be significant, which would enable sustainable government consumption and intergenerational equity through a gradual buildup of the Permanent Fund for Future Generations
Member of
Action
digitized
Cataloging source
E7B
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HC965
LC item number
.S44 2006eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/06/183
Label
Management of oil wealth under the permanent income hypothesis : the case of Sāo Tomé and Príncipe, prepared by Alonso Segura
Publication
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn698585654
Dimensions
unknown
Extent
1 online resource (32 pages)
Form of item
online
Isbn
9781451989021
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b35557631
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)698585654
  • imf128253128X
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
Processing Feedback ...