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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...

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