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