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Is fiscal policy procyclical in developing oil-producing countries?
Erbil, Nese - 2011
Persistent link: https://www.econbiz.de/10009424867
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Gulf Cooperation Council (GCC) : Oil Prices, Financial Stability, and the Use of Countercyclical Macroprudential Policies in the GCC
International Monetary Fund - 2015
Economic and financial developments in the GCC economies are interwoven with oil price movements. GCC economies are … highly dependent on oil and gas exports. Oil price upturns lead to higher oil revenues, stronger fiscal and external …-macro-financial linkages mean that asset quality and liquidity in the financial system may deteriorate in a low oil price environment and …
Persistent link: https://www.econbiz.de/10014408585
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The Balance of Payments Impact of the Food and Fuel Price Shocks on Low-Income African Countries : A Country-by-Country Assessment
International Monetary Fund - 2008
This note discusses the implications of the price shocks for the balance of payments of low-income countries in sub …
Persistent link: https://www.econbiz.de/10014410007
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Oil Shocks and External Balances
International Monetary Fund - 2007
This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of countries'' external balance, including the oil and non-oil trade balances, the current account, and changes in net foreign assets (NFA) during 1975-2004. We explicitly take a global...
Persistent link: https://www.econbiz.de/10014401265
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Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle
International Monetary Fund - 2010
recent oil price cycle. We find that OPCs worsened their non-oil primary balances substantially during 2003-2008 driven by an …
Persistent link: https://www.econbiz.de/10014404318
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Policy Reform, Shadow Prices, and Market Prices
International Monetary Fund - 1988
, or correctly defined, shadow prices. We show how shadow prices may be integrated into an analysis of tax and price reform …
Persistent link: https://www.econbiz.de/10014396134