Fiscal policy in oil-producing countries can be profoundly affected by oil revenue uncertainty
and volatility. Policy formulation should factor in the exhaustibility of the natural resources …

The surge in fossil fuel prices in 2022 has generated substantial windfall profits in the energy
sector. Policymakers in many countries are exploring policies to tax part of these profits. …

Staff Discussion Notes showcase the latest policy-related analysis and research being
developed by individual IMF staff and are published to elicit comment and to further debate. …

With the public finances of many developing and emerging market countries still heavily
dependent on trade tax revenues, further trade liberalization may be hindered unless they are …

En la serie de Documentos de Análisis del Personal Técnico del FMI se presentan los últimos
análisis e investigaciones sobre políticas elaborados por miembros del personal técnico …

This paper discusses how to enhance automatic stabilizers without increasing the size of
government. We distinguish between permanent changes in the parameters of the tax and …

In preparing this report, IMF staff held extensive consultations with UNTAET; leaders and
technical representatives of the National Council of the East Timorese Resistance (CNRT); the …

Sizeable natural resource endowments and potentially large financial inflows from their
extraction provide an unparalleled opportunity for economic growth and development in a …

The Southern African Customs Union (SACU) is facing its biggest challenge in its 100 years
of existence. The global economic crisis has significantly reduced its revenue outlook, which …

… Very helpful suggestions and comments were provided by Thomas Baunsgaard, Lawrence
Hinkle, Jeffrey Lewis, Marcelo Olarreaga, Maurice Schiff and various seminar participants at …