Fiscal Framework for Uncertain Times (IMF)

Fiscal Monitor: The Commodities Roller Coaster – A Fiscal Framework for Uncertain Times published by IMF (10/2015). “Natural resource-rich countries benefited from an exceptional commodity price boom during the 2000s, with metal and oil prices reaching historic highs. This provided a substantial boon to resource-rich developing countries, which benefited from large increases in fiscal revenues and the opportunity to promote economic transformation and development…”

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