Macroeconomic Stability in Resource-Rich Countries : The Role of Fiscal Policy

The Role of Fiscal Policy

Macroeconomic Stability in Resource-Rich Countries : The Role of Fiscal Policy
Resource-rich countries face large and persistent shocks, especially coming from volatile commodity prices. Given the severity of the shocks, it would be expected that these countries adopt countercyclical fiscal policies to help shield the domestic economy. Taking advantage of a new dataset covering 48 non-renewable commodity exporters for the... READ MORE...

Publication date: February 2016
ISBN 9781475596465
$18.00

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