How Long to Read Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle
By International Monetary Fund
How Long Does it Take to Read Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle?
It takes the average reader and 25 minutes to read Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle by International Monetary Fund
Assuming a reading speed of 250 words per minute. Learn more
Description
This paper presents a detailed analysis of the average fiscal policy responses of oil producing countries (OPCs) to the recent oil price cycle. We find that OPCs worsened their non-oil primary balances substantially during 2003-2008 driven by an increase in primary spending. However, this trend was partially reversed when oil prices went down in 2009. We also find evidence that fiscal policy has been procyclical and has hence exacerbated the fluctuations in economic activity. In addition, we estimate that a small reduction in oil prices could lead to very large financing needs in the near future. Finally, we show that long-term fiscal sustainability positions in OPCs have worsened.
How long is Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle?
Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle by International Monetary Fund is 25 pages long, and a total of 6,375 words.
This makes it 8% the length of the average book. It also has 8% more words than the average book.
How Long Does it Take to Read Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle aloud.
What Reading Level is Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle?
Fiscal Policy in Oil Producing Countries During the Recent Oil Price Cycle is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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