Commodity Price Shocks and the Oddson Fiscal Performance /

Unanticipated changes in commodity prices can generate significant movements in fiscal aggregates. This paper seeks to understand the dynamics of these fiscal movements in the context of transitory commodity price shocks using sample data from four CIS countries- two oil-producing and two non-oil co...

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Bibliographic Details
Main Author:	Kumah, Francis Y
Other Authors:	Matovu, John
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2005
Series:	IMF Working Papers ; Working Paper No. 05/171 IMF eLibrary
Subjects:	Budget deficit Budget deficits Cyclical fiscal policy Discretionary fiscal policy Expenditure ceiling Expenditure commitments Expenditure decisions Expenditure increases Expenditure management Expenditure paths Expenditure patterns Expenditure policies Expenditure policy Expenditure ratios Expenditure reform Expenditure restraint Expenditure target Expenditure Expenditures Fiscal Policy Fiscal adjustment process Fiscal adjustment Fiscal aggregates Fiscal balance Fiscal balances Fiscal deficit Fiscal deficits Fiscal outcomes Fiscal performance Fiscal policy management Fiscal positions Fiscal projections Fiscal prudence Fiscal regime Fiscal regimes Fiscal revenues Fiscal shocks Fiscal stance Fiscal strategy Fiscal surplus Fiscal surpluses Fiscal targets Fiscal tightening Fiscal variables General Outlook and Conditions General Government expenditures Government spending Increase in expenditures Medium-term fiscal projections Public Expenditures, Investment, and Finance Public external debt Public finances Tax administration Tax base Tax collections Tax cuts Tax effort Tax increases Tax multiplier Tax performance Tax policy Tax revenue Tax revenues Tax systems Taxation Kazakhstan Kyrgyz Republic Tajikistan
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Commodity Price Shocks and the Oddson Fiscal Performance /

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