The paper updates the analysis of the fiscal policy response over the recent commodity cycle, contributes to the analysis of key drivers of fiscal policy procyclicality, and provides a stock-tacking of current fiscal vulnerabilities. Countercyclical fiscal policy during good times has been a key factor affecting the ability of commodity exporters to sustainably support economic activity when prices started declining. Fiscal space to withstand the...
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详细
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2019/07/01
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工作文件（编号系列）
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139449
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1
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1
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2019/07/18
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Disclosed
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Fiscal Vulnerabilities in Commodity Exporting Countries and the Role of Fiscal Policy
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commodity exporter