Marcos Poplawski Ribeiro: 2 books

This note will provide guidance from a practitioner’s or policymaker’s perspective on how to design fiscal frameworks in natural resource intensive countries. It will lay out principles that should help countries to meet development needs while dealing with the resource revenue volatility, uncertainty, and exhaustibility (intergenerational equity).

Latin America’s bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet rebuilt their fiscal space, despite buoyant commodity revenues and relatively strong...