Macroeconomic Stability in Resource-Rich Countries : The Role of Fiscal Policy /

Resource-rich countries face large and persistent shocks, especially coming from volatile commodity prices. Given the severity of the shocks, it would be expected that these countries adopt countercyclical fiscal policies to help shield the domestic economy. Taking advantage of a new dataset coverin...

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Bibliographic Details
Main Author: Bova, Elva
Other Authors: Medas, Paulo, Poghosyan, Tigran
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/036
Online Access:Full text available on IMF