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...
| Awdur Corfforaethol: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 2008/142 |
| Mynediad Ar-lein: | Full text available on IMF |