01697cas a2200229 a 4500 AALejournalIMF016622 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498338158 1018-5941 BD-DhAAL BD-DhAAL Trading on Their Terms? : Commodity Exporters in the Aftermath of the Commodity Boom. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (49 pages) IMF Working Papers <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 Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these economies is whether commodity windfalls influence potential output. Our analysis suggests that both actual and potential output move together with commodity terms of trade, but that actual output comoves twice as strongly as potential output. The weak commodity price outlook is estimated to subtract 1 to 2u percentage points from actual output growth annually on average during 2015-17. The forecast drag on potential output is about one-third of that for actual output. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2016/027 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/027/001.2016.issue-027-en.xml IMF e-Library