Ray, Rebecca; Kozameh, Sara - Center for Economic and Policy Research (CEPR) - 2012
. Two of the country’s largest sources of foreign earnings, petroleum exports and remittances from abroad, crashed during … the global recession. Furthermore, lacking its own currency, the government’s options for responding were limited. But … reached its 20-year growth trend. This paper takes a detailed look at the fiscal, monetary, and other economic and social …