How Long to Read The Cyclicality of Fiscal Policy in the Middle East and Central Asia

How Long Does it Take to Read The Cyclicality of Fiscal Policy in the Middle East and Central Asia?

It takes the average reader and 28 minutes to read The Cyclicality of Fiscal Policy in the Middle East and Central Asia by International Monetary Fund

Assuming a reading speed of 250 words per minute. Learn more

Description

The countries of the Middle East and North Africa, and the Caucasus and Central Asia have the highest output volatility in the world. Fiscal policy is a powerful tool that can help dampen the business cycles. This paper analyzes the cyclical properties of fiscal policy in the region during the past four decades and explores whether the response during the current global economic crisis is different in 2009. Across a sample of 28 countries, we find that fiscal policy has typically amplified the business cycles and that it has been more procyclical in good times than in bad times. However, the response to the current crisis has differed from the past in that about half of the countries responded countercyclically in 2009. Going forward, the fiscal space during downturns varies widely across countries, depending on the level of debt, access to capital markets, and natural resource wealth. Not surprisingly, the oil exporters have more fiscal room than oil importers, although there are some oil importers that still have room to respond countercyclically in bad times.

How long is The Cyclicality of Fiscal Policy in the Middle East and Central Asia?

The Cyclicality of Fiscal Policy in the Middle East and Central Asia by International Monetary Fund is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read The Cyclicality of Fiscal Policy in the Middle East and Central Asia Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read The Cyclicality of Fiscal Policy in the Middle East and Central Asia aloud.

What Reading Level is The Cyclicality of Fiscal Policy in the Middle East and Central Asia?

The Cyclicality of Fiscal Policy in the Middle East and Central Asia 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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