The Problem of Instability in Latin American Primary Commodity Markets
Author: Inter-American Economic and Social Council. Extraordinary Meeting
Publisher:
Published: 1954
Total Pages: 0
ISBN-13:
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Author: Inter-American Economic and Social Council. Extraordinary Meeting
Publisher:
Published: 1954
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: Inter-American Economic and Social Council
Publisher:
Published: 1954
Total Pages: 80
ISBN-13:
DOWNLOAD EBOOKAuthor: Organization of American States. General Secretariat
Publisher:
Published: 1958
Total Pages: 26
ISBN-13:
DOWNLOAD EBOOKAuthor: International Economic Consultants
Publisher:
Published: 1959
Total Pages: 112
ISBN-13:
DOWNLOAD EBOOKAuthor: Montague J. Lord
Publisher:
Published: 1978
Total Pages: 82
ISBN-13:
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Publisher:
Published: 1992
Total Pages: 16
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DOWNLOAD EBOOKAuthor: Leandro Medina
Publisher: International Monetary Fund
Published: 2010-08-01
Total Pages: 29
ISBN-13: 1455202266
DOWNLOAD EBOOKThe recent boom and bust in commodity prices has raised concerns about the impact of volatile commodity prices on Latin American countries’ fiscal positions. Using a novel quarterly data set-which includes unique country-specific commodity price indices and a comprehensive measure of public expenditures-this paper analyzes the dynamic effects of commodity price fluctuations on fiscal revenues and expenditures for eight commodity-exporting Latin American countries. The results indicate that Latin American countries’ fiscal positions react strongly to shocks to commodity prices, yet there are marked differences across countries. Fiscal variables in Venezuela display the highest sensitivity to commodity price shocks, with expenditures reacting significantly more than revenues. At the other end of the spectrum, in Chile expenditure reacts very little to commodity price fluctuations, and the dynamic responses of its fiscal indicators are very similar to those seen in high-income commodity-exporting countries. This distinct behavior across countries may relate to institutional arrangements, which in some cases include the efficient application of fiscal rules amid political commitment and high standards of transparency.
Author: Donald L. Sternitzke
Publisher:
Published: 1966
Total Pages: 64
ISBN-13:
DOWNLOAD EBOOKEconomic research study of problems in Latin America associated with the heavy dependence of maintaining a satisfactory balance of payments on export trade in raw materials, and examination of some programmes designed to stabilise and enlarge the flow of foreign exchange receipts from such export trade. Bibliography pp. 46 to 50, statistical tables showing the export value of individual countries for the years 1954 to 1963, and references.
Author: Organization of American States. Group of Experts on the Market Problems of Latin American Export Commodities
Publisher:
Published: 1961
Total Pages: 46
ISBN-13:
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Publisher:
Published: 1986
Total Pages: 44
ISBN-13:
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