Management of oil windfalls in Mexico
historical experience and policy options for the future
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Author
Contributions
- Duval-Hernandez, Robert. - Contributor
- World Bank. Mexico Country Management Unit. - Contributor
- International Finance Corporation. Economics Dept. - Contributor
Publication
2001 - , World Bank, Mexico Country Management Unit and International Finance Corporation, Economics Department, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2002616007
- Open LibraryOL3669202M
Classifications
- LCCHG3881.5.W57
Description
Policy options for protecting Mexico's economy from volatility in oil revenues without eliminating the benefits from rising prices include a stablilizaton fund and hedging strategies on international markets. A stabilization fund and hedging strategies can complement each other, the fund working as the main receipient of revenues, and the hedging strategies managing short-lived movements in prices. This joint strategy would reduce the size of the fund and the probablility of its going bankrupt.
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