01783cas a2200277 a 4500 AALejournalIMF015338 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513532417 2617-6750 BD-DhAAL BD-DhAAL Husain, Aasim. Global Implications of Lower Oil Prices / Aasim Husain, Rabah Arezki, Peter Breuer, Vikram Haksar. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (41 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position. Mode of access: Internet Arezki, Rabah. Breuer, Peter. Haksar, Vikram. Staff Discussion Notes; Staff Discussion Notes ; No. 2015/015 Full text available on IMF http://elibrary.imf.org/view/journals/006/2015/015/006.2015.issue-015-en.xml IMF e-Library