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Language: en
Pages: 43
Pages: 43
Type: BOOK - Published: 2014-02-13 - Publisher: International Monetary Fund
In this paper, we analyze how lack of credibility and transparency of monetary and fiscal policies undermines the effectiveness of macroeconomic policies to iso
Language: en
Pages: 53
Pages: 53
Type: BOOK - Published: 2021-04-23 - Publisher: International Monetary Fund
Declining commodity prices during mid-2014-2016 posed significant challenges to commodity-exporting economies. The severe terms of trade shock associated with a
Language: en
Pages: 39
Pages: 39
Type: BOOK - Published: 2011-12-01 - Publisher: International Monetary Fund
Commodity-exporting countries have significantly benefited from the commodity price boom of recent years. At the current juncture, however, uncertain global eco
Language: en
Pages: 0
Pages: 0
Type: BOOK - Published: 2022 - Publisher:
We analyse the transmission mechanism of commodity price shocks in emerging economies. Using a panel vector autoregression, we find that the shock leads to a re
Language: en
Pages: 48
Pages: 48
Type: BOOK - Published: 2016-02-01 - Publisher: International Monetary Fund
This paper investigates the impact of commodity price shocks on financial sector fragility. Using a large sample of 71 commodity exporters among emerging and de