Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle.
This paper presents a detailed analysis of the average fiscal policy responses of oil producing countries (OPCs) to the recent oil price cycle. We find that OPCs worsened their non-oil primary balances substantially during 2003-2008 driven by an increase in primary spending. However, this trend was...
| Korporativna značnica: | |
|---|---|
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2010/028 |
| Online dostop: | Full text available on IMF |