External Adjustment in a Resource-Rich Economy : The Case of Papua New Guinea /

How should resource-rich economies handle the balance of payments adjustment required after commodity price declines? This paper addresses the question theoretically by developing a simple two-period multi-sector model based on Nakatani (2016) to compare different exchange rate policies, and empiric...

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Hlavní autor: Nakatani, Ryota
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2017.
Edice:IMF Working Papers; Working Paper ; No. 2017/267
On-line přístup:Full text available on IMF