Fiscal Regime and Tax Policy in Resource-Rich Countries In The Process Of Globalization: Literature Review
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Date
2020
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Sumy State University
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Abstract
The sudden collapse of oil prices combined with the COVID 19 pandemic is considered to be the worst economic crisis in the history of Resource-Rich Countries. These two events put immense pressure on the economic performance of these countries even with the huge reserves and volume of exports they enjoyed during the past. This raises the question of what are the particularities of these countries that made them very vulnerable to such shocks.
Keywords
країни, багаті ресурсами, богатые природными ресурсами страны, resource-rich countries, податково-бюджетна політика, фискальная политика, fiscal policy, податкова політика, налоговая политика, tax policy, контрциклічна фіскальна політика, антициклическая фискальная политика, countercyclical fiscal policy, видобуток, добыча полезных ископаемых, mining
Citation
Eddassi, H. (2020). Fiscal Regime and Tax Policy in Resource-Rich Countries In The Process Of Globalization: Literature Review. SocioEconomic Challenges, 4(2), 67-77. https://doi.org/10.21272/sec.4(2).67-77.2020.