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Weathering the storm so far : the impact of the 2003-05 oil shock on low-income countries /

This paper examines the impact of the 2003-05 oil price increase on the balance of payments positions and IMF financing needs of low-income country oil importers. It finds that stronger exports reflecting favorable global conditions, a compression of oil import volumes due to the pass-through of wor...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Dudine, P. (Paolo) (Autor)
Autor Corporativo: International Monetary Fund. Policy Development and Review Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Policy Development and Review Dept., 2006.
Colección:IMF working paper ; WP/06/171.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Dudine, P.  |q (Paolo),  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjv9dBcBFC8jD7gBQvvktC 
245 1 0 |a Weathering the storm so far :  |b the impact of the 2003-05 oil shock on low-income countries /  |c Paolo Dudine [and others]. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, Policy Development and Review Dept.,  |c 2006. 
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490 1 |a IMF working paper ;  |v WP/06/171 
504 |a Includes bibliographical references. 
588 0 |a Print version record. 
520 |a This paper examines the impact of the 2003-05 oil price increase on the balance of payments positions and IMF financing needs of low-income country oil importers. It finds that stronger exports reflecting favorable global conditions, a compression of oil import volumes due to the pass-through of world prices to domestic consumers, and a large increase in capital inflows helped low-income countries cope with the oil price shock. Preliminary data suggest that reductions in oil import volumes have not harmed growth. While fiscal balances generally improved, quasi-fiscal liabilities may be building. Lower demand for IMF assistance may reflect broader trends, but further oil price increases could put pressure on additional countries in 2006 and beyond. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
538 |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.  |u http://purl.oclc.org/DLF/benchrepro0212  |5 MiAaHDL 
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505 0 |a Contents -- I. INTRODUCTION -- II. THE GLOBAL AND HISTORICAL CONTEXT -- III. Balance of Payments Impact -- IV. FISCAL IMPACT -- V. LOOKING FORWARDâ€?POSSIBLE VULNERABILITIES -- VI. CONCLUSIONS AND IMPLICATIONS FOR DEMAND FOR IMF RESOURCES -- APPENDIX Iâ€?COMPARISON TO OIL SHOCKS OF THE 1970S -- APPENDIX IIâ€?ECONOMETRIC ANALYSIS 
546 |a English. 
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610 2 0 |a International Monetary Fund  |z Developing countries. 
610 2 7 |a International Monetary Fund  |2 fast 
650 0 |a Balance of payments  |z Developing countries. 
650 0 |a Petroleum industry and trade  |x Economic aspects  |z Developing countries. 
650 0 |a Petroleum products  |x Prices. 
650 6 |a Produits pétroliers  |x Prix. 
650 7 |a Balance of payments  |2 fast 
650 7 |a Petroleum industry and trade  |x Economic aspects  |2 fast 
650 7 |a Petroleum products  |x Prices  |2 fast 
651 7 |a Developing countries  |2 fast 
710 2 |a International Monetary Fund.  |b Policy Development and Review Department. 
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776 0 8 |i Print version:  |a Dudine, P. (Paolo).  |t Weathering the storm so far.  |d [Washington, D.C.] : International Monetary Fund, Policy Development and Review Dept., 2006  |w (OCoLC)175031330 
830 0 |a IMF working paper ;  |v WP/06/171. 
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