Coverart for item
The Resource A Crude Shock, Francesco Grigoli

A Crude Shock, Francesco Grigoli

Label
A Crude Shock
Title
A Crude Shock
Statement of responsibility
Francesco Grigoli
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
The decline in oil prices in 2014-16 was one of the sharpest in history, and put to test the resilience of oil exporters. We examine the degree to which economic fundamentals entering the oil price decline explain the impact on economic growth across oil exporting economies, and derive policy implications as to what factors help to mitigate the negative effects. We find that pre-existing fundamentals account for about half of the cross-country variation in the impact of the shock. Oil exporters that weathered the shock better tended to have a stronger fiscal position, higher foreign currency liquidity buffers, a more diversified export base, a history of price stability, and a more flexible exchange rate regime. Within this group of countries, the impact of the shock is not found to be related to the size of oil exports, or the share of oil in fiscal revenue or economic activity
Member of
Cataloging source
DcWaIMF
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Grigoli, Francesco
Government publication
international or intergovernmental publication
LC call number
K4452.I57
LC item number
G754 2017 ONLINE
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Herman, Alexander
Series statement
IMF Working Paper
http://library.link/vocab/subjectName
  • All Countries
  • Commodity Price Shocks
  • Cross-Country Analysis
  • Economic Growth Of Open Economies
Label
A Crude Shock, Francesco Grigoli
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
imfWPIEA2017160
Dimensions
unknown
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781484310175
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484310175.001
Specific material designation
remote
System control number
(IMF)WPIEA2017160
Label
A Crude Shock, Francesco Grigoli
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
imfWPIEA2017160
Dimensions
unknown
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781484310175
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781484310175.001
Specific material designation
remote
System control number
(IMF)WPIEA2017160

Library Locations

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      32.771471 -117.187496
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