Series: IMF Working Papers
Author(s): Helaway Tadesse , Mark Lewis , Jörg Zeuner , James John , Luzmaria Monasi , and Paolo Dudine
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2006
Keywords: adjustment, fiscal, quasi-fiscal, pass-through, low-income country, IMF financing, oil imports, oil importers, National Deficit Surplus, Energy and the Macroeconomy
This paper examines the impact of the 2003-05 oil price increase on the balance of payments positions and IMF financing needs of low-income country oil importers. It finds that stronger exports reflecting favorable...