It takes the average reader and 41 minutes to read Rethinking Fiscal Policy in Oil-Exporting Countries by Mr.Tokhir N Mirzoev
Assuming a reading speed of 250 words per minute. Learn more
We examine the existing fiscal policy paradigm in commodity-exporting countries. First, we argue that its centerpiece—the permanent income hypothesis (PIH)—is not consistent with either intergenerational equity or long-term sustainability in the presence of uncertainty. Policies to achieve these goals need to be more prudent and better anchored than the PIH. Second, we point out the presence of a volatility tradeoff between government spending and wealth and re-assess long-held views on the appropriate fiscal anchors, the vice of procyclicality, and the (im)possibility of simultaneously...
Rethinking Fiscal Policy in Oil-Exporting Countries by Mr.Tokhir N Mirzoev is 41 pages long, and a total of 10,291 words.
This makes it 14% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Rethinking Fiscal Policy in Oil-Exporting Countries aloud.
Rethinking Fiscal Policy in Oil-Exporting Countries is suitable for students ages 8 and up.
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