When the Cycle Becomes the Trend : The Emerging Market Experience with Fiscal Policy During the Last Commodity Super Cycle /
Fiscal buffers have shrunk across the world. This paper argues that limited fiscal room in emerging market economies today is partly due to the commodity super cycle of 2000-15. The super cycle created the mirage that economic performance had structurally improved, mistaking a long, commodity-fueled...
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| Other Authors: | , |
| Format: | Book |
| Language: | English |
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Washington, D.C. :
The World Bank,
2019
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| Series: | Policy research working papers
World Bank e-Library |
| Subjects: |