Constraintson the Design and Implementation of Monetary Policy in Oil Economies : the Case of Venezuela.
By definition, fiscal dominance impedes the effective implementation of any monetary strategy aimed at controlling inflation. Economies that exhibit oil dominance-a situation in which oil exports largely affect the main macroeconomic indicators-may also exhibit fiscal dominance. However, in this cas...
Clasificación: | Libro Electrónico |
---|---|
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2008.
|
Colección: | IMF Working Papers ;
Working Paper no. 08/142. |
Temas: | |
Acceso en línea: | Texto completo |