Policy towards Commodity Shocks in Developing Countries /
On the basis of a comparative study of 23 episodes involving commodity price shocks we find that both the public and private sectors typically save around half of a windfall gain resulting from a price rise. We argue that private windfalls should be left with the private sector rather than taxed. Th...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 1996/084 |
| Accés en línia: | Full text available on IMF |