Fiscal Response to a Temporary Trade Shock: The Aftermath of the Kenyan Coffee Boom.
The appropriate fiscal response to a temporary terms of trade windfall is difficult to determine, even in an unregulated economy. But controls, such as those in force during the 1976- 79 coffee boom in Kenya, introduce special problems. For example, foreign exchange controls make the private investm...
Main Authors: | Bevan, D, Collier, P, Gunning, J |
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Format: | Journal article |
Language: | English |
Published: |
1989
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