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:
International Monetary Fund > Developing countries.
International Monetary Fund
Balance of payments > Developing countries.
Petroleum industry and trade > Economic aspects > Developing countries.
Petroleum products > Prices.
Produits pétroliers > Prix.
Balance of payments
Petroleum industry and trade > Economic aspects
Petroleum products > Prices
Developing countries
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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

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