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...
Cote: | Libro Electrónico |
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Collectivité auteur: | |
Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
Washington, D.C. :
International Monetary Fund,
2008.
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Collection: | IMF Working Papers ;
Working Paper no. 08/142. |
Sujets: | |
Accès en ligne: | Texto completo |