Structural Policies for Shock-Prone Commodity Exporters.
Countries that are reliant upon commodity exports periodically face large adverse price shocks. Given past volatility, the present high world prices for commodities may be a precursor to such shocks. Unsurprisingly, adverse price shocks reduce the growth of constant-price GDP and we analyze which st...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
OxCarre
2008
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