Commodity windfalls, polarization, and net foreign assets: panel data evidence on the voracity effect

This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign assets...

Повний опис

Бібліографічні деталі
Автори: Arezki, R, Bruckner, M
Формат: Working paper
Опубліковано: University of Oxford 2011