Fiscal Monitor

Fiscal Monitor, October 2015: The Commodities Roller Coaster - A Fiscal Framework for Uncertain Times

October 7, 2015

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Fiscal Monitor, October 2015: The Commodities Roller Coaster - A Fiscal Framework for Uncertain Times, (USA: International Monetary Fund, 2015) accessed December 29, 2024

Summary

This issue of the Fiscal Monitor examines the conduct of fiscal policy under the uncertainty caused by dependence on natural resource revenues. It draws on extensive past research on the behavior of commodity prices and their implications for macroeconomic outcomes, as well as on extensive IMF technical assistance to resource-rich economies seeking to improve their management of natural resource wealth.

Subject: Commodity price fluctuations, Commodity prices, Environment, Expenditure, Fiscal policy, Fiscal stance, Macroeconomic and fiscal forecasts, Natural resources, Prices, Public debt, Public financial management (PFM)

Keywords: Africa, Asia and Pacific, Commodity cycle, Commodity dependence, Commodity exporter, Commodity price, Commodity price cycle, Commodity price fluctuations, Commodity price swing, Commodity price upturn, Commodity prices, Commodity revenue, Country abbreviation, Def, Fiscal stance, FM, Global, Macroeconomic and fiscal forecasts, Middle East, Natural resources, North Africa, Oil price shock, Price dynamics, Price windfall, Price-smoothing rule, Resource revenue windfall, Statistics manual, Unexpected commodity price swing

Publication Details

  • Pages:

    92

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Fiscal Monitor No. 2015/002

  • Stock No:

    FMOEA2015002

  • ISBN:

    9781513570709

  • ISSN:

    2219-276X

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