Some Aspects of Petroleum Product Price Adjustment in the Context of Fund Programs, 1980-1982.
This paper reviews adjustment in oil imports and domestic pricing policies affecting petroleum under Fund-supported programs. The adjustment of countries with Fund-supported programs (during 1980-82) following the two oil price shocks is compared with that of the nonprogram countries, to evaluate th...
| Corporate Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1987.
|
| Series: | IMF Working Papers; Working Paper ;
No. 1987/050 |
| Online Access: | Full text available on IMF |
| Summary: | This paper reviews adjustment in oil imports and domestic pricing policies affecting petroleum under Fund-supported programs. The adjustment of countries with Fund-supported programs (during 1980-82) following the two oil price shocks is compared with that of the nonprogram countries, to evaluate the impact of the Fund's decision to emphasize adjustment after 1979-80 as opposed to providing more financing after 1973-74. The relatively stronger adjustment to the second oil price shock, by program countries underpinned by evidence of adoption of important petroleum pricing policies and support measures in a program context, provides evidence that the Fund contributed to the adjustment and energy conservation effort. |
|---|---|
| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (35 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1018-5941 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |