Author/Editor: Lusine Lusinyan, Aliona Cebotari, Ricardo Velloso, Jeffrey M. Davis, Amine Mati, Murray Petrie, Paolo Mauro.

Release Date:January, 2009

This paper analyzes the main sources of fiscal risks, including from unexpected changes in macroeconomic variables and banking crises, which can have major consequences for countries' fiscal and more...

Author/Editor: Jeffrey M. Davis, Annalisa Fedelino, Rolando Ossowski.

Release Date:August, 2003

Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and more...