tailieunhanh - FISCAL MONITOR October 2012: Taking Stock A Progress Report on Fiscal Adjustment

Joint ventures are distinct in that they are subject to joint control, regardless of share ownership percentage. That is, the investors must unanimously agree on key operating, investing, and financing decisions before they are implemented. This feature of joint con- trol means that majority ownership does not confer control, nor does the right to appoint the majority of the Board of Directors. Joint ventures are quite common in mining operations and in oil and gas ventures. The joint venturers all contribute something to exploration activities, and all share in any wealth generated. For example, a small mining company may have exploration rights over a prop- erty, and. | World Economic and Financial Surveys Fiscal Monitor . Taking Stock A Progress Report on Fiscal Adjustment World Economic and Financial Surveys FISCAL MONITOR October 2012 Taking Stock A Progress Report on Fiscal Adjustment International Monetary Fund 2012 International Monetary Fund Second printing revised October 2012 Cover IMF Multimedia Services Division Composition Maryland Composition Inc. Cataloging-in-Publication Data Fiscal monitor Washington . International Monetary Fund 2009 v. cm. World economic and financial surveys 0258-7440 Twice a year. Some issues have also thematic titles. 1. Finance Public Periodicals. 2. Finance Public Forecasting Periodicals. 3. Fiscal policy Periodicals. 4. Fiscal policy Forecasting Periodicals. 5. Financial crises Periodicals. 6. Global Financial Crisis 2008 2009 Periodicals. I. International Monetary Fund. II. Series World economic and financial surveys. ISBN 978-1-61635-391-9 Publication orders may be placed online by fax or through the mail International Monetary Fund Publication Services . Box 92780 Washington DC 20090 . Telephone 202 623-7430 Fax 202 623-7201 E-mail publications@ .