How to Design a Fiscal Strategy in a Resource-Rich Country: Guidance Note on the Excel Template (v1.0)

By Olivier Basdevant, John Hooley, Eslem Imamoglu

March 9, 2021

Preview Citation

Format: Chicago

Olivier Basdevant, John Hooley, and Eslem Imamoglu. How to Design a Fiscal Strategy in a Resource-Rich Country: Guidance Note on the Excel Template (v1.0), (USA: International Monetary Fund, 2021) accessed December 30, 2024

Summary

This guidance note describes how to use the Excel-based template developed by the Fiscal Affairs Department (FAD) of the IMF accompanying the note “How to Design a Fiscal Strategy in a Resource-Rich Country.” This template uses data inputs to generate simulations of fiscal policy dynamics. It helps IMF teams and country authorities in RRCs analyze trade-offs associated with alternative fiscal strategies for the use of public resource wealth. Visualizing these trade-offs and assessing their sensitivity to underlying macroeconomic assumptions can help inform policymakers on the most appropriate fiscal strategy, given country-specific circumstances.

Subject: Commodity price indexes, Fiscal governance, Fiscal multipliers, Fiscal policy, Macro-fiscal framework

Keywords: Calibration method, Commodity shock, Dropdown menu, FADHTN, HTN, Resource revenue, Shock path

Publication Details

Pages:

13
Volume:

---
DOI:

---
Issue:

---
Series:

How-To Note No. 2021/002
Stock No:

HTNEA2021002
ISBN:

9781513568805
ISSN:

2522-7912

Supplemental Resources

Link to data for this title
zip

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF How To Notes