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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Gunning, Jan
Awduron Eraill: Collier, Paul
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1996.
Cyfres:IMF Working Papers; Working Paper ; No. 1996/084
Mynediad Ar-lein:Full text available on IMF