Fiscal Policy and Income Fluctuations from Natural Resorces
This KCP seeks to improve the analytical capabilities for macroeconomic analysis in CAN, and to develop a methodology to: (1) better understand the behavior of tax revenue in the Andean countries, distinguishing tax revenues from the exploitation of natural resources. (2) determine the factors behind the movements in tax revenues from natural resources. (3) Determine the impact of revenues from natural resource in the level and composition of government spending. (4) estimate public debt sustainability, explicitly incorporating natural resource revenues. (5) Evaluate the relevance of different mechanisms to mitigate fluctuations in revenues from natural resources (stabilization funds, fiscal rules, etc ...)

Project Detail

Country

Regional

Project Number

RG-T1933

Approval Date

December 15, 2010

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 59,692.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 59,692.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/SF-12622-RG Sovereign Guaranteed USD - United States Dollar Fund for Special Operations Nonreimbursable
Operation Number ATN/SF-12622-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Fund for Special Operations
  • Financial Instrument: Nonreimbursable