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The political economy of fiscal policy and economic management in oil exporting countries (English)

Despite massive oil rent incomes since the early 1970s, the economic performance of oil-exporting countries-with notable exceptions-is poor. While there is extensive literature on the management of oil resources, analysis of the underlying political determinants of this poor performance is more sparse. Drawing on concepts from the comparative institutionalist tradition in political science, the authors develop a generalized typology of political states...
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Eifert, Benn; Gelb, Alan; Borje Tallroth, Nils.

The political economy of fiscal policy and economic management in oil exporting countries (English). Policy, Research working paper|no. WPS 2899 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/247121468766485195

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