VOL. XLIV

No 52

24/31-December-2001

GENERAL

Oil Stabilization Funds CouldCreate More Problems Than Solutions, Suggest IMF Researchers

In contrast to earlierrecommendations that oil stabilization funds can assist in fiscal managementand economic governance (MEES, 4 December 2000), a team of InternationalMonetary Fund (IMF) officials has suggested that governance, transparency, andaccountability may well be undermined by oil funds...[since] by their verynature, oil funds are usually outside...