Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2010
Keywords: fiscal impulses, Structure, Scope, and Performance of Government, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General, National Deficit Surplus,
This paper presents a detailed analysis of the average fiscal policy responses of oil producing countries (OPCs) to the recent oil price cycle. We find that OPCs worsened their non-oil primary balances substantiall...