Regional Economic Outlook: Middle East and Central Asia, October 2009 PDF (Adobe DRM) download by International Monetary Fund

Regional Economic Outlook: Middle East and Central Asia, October 2009

INTERNATIONAL MONETARY FUND
Publication date: May 2004
ISBN: 9781589068582
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By definition, fiscal dominance impedes the effective implementation of any monetary strategy aimed at controlling inflation. Economies that exhibit oil dominance-a situation in which oil exports largely affect the main macroeconomic indicators-may also exhibit fiscal dominance. However, in this case, the standard indicators used to gauge the presence of fiscal dominance may fail to give the appropriate signals. The main purpose of this paper is twofold: i) to present a simple framework to analyze fiscal dominance in oil exporting countries and ii) to test the hypothesis of the presence of oil dominance/fiscal dominance (OD/FD) in the case of Venezuela. Using VAR and VEC models it is possible to conclude that there is relevant evidence supporting the validity of the OD/FD hypothesis.
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Regional Economic Outlook: Middle East and Central Asia, October 2009 PDF (Adobe DRM) download by International Monetary Fund
INTERNATIONAL MONETARY FUND, May 2004
ISBN: 9781589068582
EAN:  9781589068582
PDF (Adobe DRM)
List Price: $18.00 eBook price: $13.99
Regional Economic Outlook, October 2009: Middle East and Central Asia PDF (Adobe DRM) download by International Monetary Fund
INTERNATIONAL MONETARY FUND, October 2009
ISBN: 9781451996081
EAN:  9781451996081
PDF (Adobe DRM)
List Price: $35.00 eBook price: $30.99
Regional Economic Outlook, October 2009: Middle East and Central Asia ePub (Adobe DRM) download by International Monetary Fund
INTERNATIONAL MONETARY FUND, October 2009
ISBN: 9781452708966
EAN:  9781452708966
ePub (Adobe DRM)
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