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Managing oil price risk in developing countries (Record no. 49172)

MARC details
000 -LEADER
fixed length control field 00945nam a2200121Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260716043529.0
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Devlin, Julia
245 ## - TITLE STATEMENT
Title Managing oil price risk in developing countries
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2004
520 ## - SUMMARY, ETC.
Summary, etc. Presents a simple framework for understanding the impact of oil dependence on growth and surveys countries' use of stabilization and savings funds. Discusses an optimal savings and investment strategy for oil-exporting countries and the rationale for implementing savings and stabilization funds. Surveys country esperiences with stabilization and savings funds. Explores the potential benefits of using financial instruments to manage oil price risk. Examines the reasons for so few developing economies using financial instruments to manage price risks. Looks at some problems and mechanisms to mitigate the shortcomings of this approach. Presents some policy implications.
583 ## - ACTION NOTE
Time/date of action 7/12/04
Action agent JOYD
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Analytic

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