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...
| निगमित लेखक: | |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2008.
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| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2008/142 |
| ऑनलाइन पहुंच: | Full text available on IMF |