Four Decades of Terms-of-Trade Booms : Saving-Investment Patterns and a New Metric of Income Windfall /
We study the history of terms-of-trade booms (during 1970-2012), with a focus on Latin America, through the prisms of a simple metric that quantifies the associated income windfall. We also document saving patterns during these episodes and propose a measure of how much of the income windfall was sa...
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2013/103 |
| Онлайн доступ: | Full text available on IMF |