Global Imbalances and Petrodollars /

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 effec...

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Bibliographic Details
Main Author: Hasanov, Fuad
Other Authors: Arezki, Rabah
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/089
Online Access:Full text available on IMF