Constraints on the Design and Implementation of Monetary Policy in Oil Economies : The Case of Venezuela.
By definition, fiscal dominance impedes the effective implementation of any monetary strategy aimed at controlling inflation. Economies that exhibit oil dominance-a situation in which oil exports largely affect the main macroeconomic indicators-may also exhibit fiscal dominance. However, in this cas...
সংস্থা লেখক: | |
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বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2008.
|
মালা: | IMF Working Papers; Working Paper ;
No. 2008/142 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |