Sturm, Michael; Gurtner, François; Alegre, Juan Gonzalez - European Central Bank - 2009
Fiscal policy choices have a particularly significant impact on economic performance in oil-exporting countries, owing … fiscal planning. Institutional responses to the specific fiscal challenges in oil-exporting countries involve conservative … policy in most oil-exporting countries has been expansionary over the past years in the wake of high oil prices. Fiscal …