When the Cycle Becomes the Trend : The Emerging Market Experience with Fiscal Policy during the Last Commodity Super Cycle
Fiscal buffers have shrunk across the world. This paper argues that limited fiscal room in emerging market economies today is partly due to the commodity super cycle of 2000-15. The super cycle created the mirage that economic performance had struc...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/355881547823983112/When-the-Cycle-Becomes-the-Trend-The-Emerging-Market-Experience-with-Fiscal-Policy-during-the-Last-Commodity-Super-Cycle http://hdl.handle.net/10986/31180 |