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|c 5.00 USD
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|z 9781451872361
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Hasanov, Fuad.
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|a Global Imbalances and Petrodollars /
|c Fuad Hasanov, Rabah Arezki.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (25 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Oil exporters have run large current account surpluses. We explore oil exporters' role in our understanding and the resolution of global imbalances. Current account dynamics are estimated for oil-exporting countries and the rest of the world. We find that fiscal policy has a much stronger effect on current account of oil exporters than on current account of other countries. The current account adjustment of oil-exporting countries is also faster than that of other countries. We conclude that a change in fiscal policy of oil exporters can have significant and speedy impact on global imbalances.
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|a Mode of access: Internet
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|a Arezki, Rabah.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/089
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/089/001.2009.issue-089-en.xml
|z IMF e-Library
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