Autori
Iacono, Roberto
Viccaro, Mauro

Titolo
The Basilicata Wealth Fund
Periodico
Scienze regionali
Anno: 2021 - Fascicolo: Speciale - Pagina iniziale: 577 - Pagina finale: 594

This paper introduces a novel resource policy for the resource-rich Southern Italian region of Basilicata. This policy consists of establishing a regional wealth fund, the Basilicata Wealth Fund, according to which royalty revenues from natural resources in Basilicata can be stored as low-risk financial assets in order to sustain future regional expenditures. The paper pins down and simulates the dynamics of a set of fiscal expenditure rules. The Basilicata Wealth Fund fosters transparency accountability as regards fiscal spending, hence avoiding misuse of resource revenues.



SICI: 1720-3929(2021)SPECIALE<577:TBWF>2.0.ZU;2-3
Testo completo: https://www.rivisteweb.it/download/article/10.14650/98926
Testo completo alternativo: https://www.rivisteweb.it/doi/10.14650/98926

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