Commodity Price Shocks and Fiscal Outcomes /
The experience of developing countries over 1990-2010 indicates that commodity prices have a significant impact on fiscal outcomes. Both revenue and expenditure rise in response to commodity (import or export) price increases; the response of the fiscal deficit is ambiguous. A floating exchange rate...
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| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2012/112 |
| Online Zugang: | Full text available on IMF |