How to Adjust to a Large Fall in Commodity Prices

How to Adjust to a Large Fall in Commodity Prices
Resource-rich countries have to manage highly volatile commodity revenues. In periods of revenue booms there is a tendency for large spending scale-ups. When facing large and persistent reductions in commodity prices, some of these countries will need to adjust their budgets to the new reality. In many cases, overall surpluses turn into large... READ MORE...

Publication date: September 2016
ISBN 9781475536065
$4.99

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