Fiscal Vulnerabilities in Commodity Exporting Countries and the Role of Fiscal Policy (English)

The paper updates the analysis of the fiscal policy response over the recent commodity cycle, contributes to the analysis of key drivers of fiscal policy procyclicality, and provides a stock-tacking of current fiscal vulnerabilities. Countercyclical fiscal policy during good times has been a key factor affecting the ability of commodity exporters to sustainably support economic activity when prices started declining. Fiscal space to withstand the...

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Author

Richaud,Christine M.;

Galego Mendes,Arthur;

Ayivodji,Gbetoho Firmin;

Matta,Samer Naji;

Essl,Sebastian Michael;
Document Date
2019/07/01
Document Type
Working Paper (Numbered Series)
Report Number
139449
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2019/07/18
Disclosure Status
Disclosed
Doc Name
Fiscal Vulnerabilities in Commodity Exporting Countries and the Role of Fiscal Policy
Keywords
commodity exporter

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Citation

Richaud,Christine M.; Galego Mendes,Arthur; Ayivodji,Gbetoho Firmin; Matta,Samer Naji; Essl,Sebastian Michael.

Fiscal Vulnerabilities in Commodity Exporting Countries and the Role of Fiscal Policy (English). MTI discussion paper|no. 15 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/407611563518367752

Fiscal Vulnerabilities in Commodity Exporting Countries and the Role of Fiscal Policy (English)

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