Trading on their terms? : commodity exporters in the aftermath of the commodity boom /

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Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, 2016.
©2016
Description:1 online resource (49 pages) : illustrations.
Language:English
Series:IMF Working Paper ; WP/16/27
IMF working paper ; WP/16/27.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12505729
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Other authors / contributors:Aslam, Aqib, (IMF staff)
Beidas, S. (Samya), (IMF staff)
Bems, Rudolfs, (IMF staff)
Celasun, Oya, (IMFstaff)
Kiliç Çelic, Sinem, (IMF staff)
Koczan, Zsoka, (IMF staff)
International Monetary Fund. Research Department.
ISBN:9781498339018
1498339018
1498338151
9781498338158
Notes:"Prepared by Aqib Aslam, Samya Beidas-Strom, Rudolfs Bems, Oya Celasun, Sinem Kılıç Çelik, and Zsóka Kóczán."
"February 2016."
"Research Department."
Includes bibliographical references (pages 42-49).
Online resource; title from pdf title page (IMF.org Web site, viewed February 22, 2016).
Summary:Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these economies is whether commodity windfalls influence potential output. Our analysis suggests that both actual and potential output move together with commodity terms of trade, but that actual output comoves twice as strongly as potential output. The weak commodity price outlook is estimated to subtract 1 to 2¼ percentage points from actual output growth annually on average during 2015-17. The forecast drag on potential output is about one-third of that for actual output.--Abstract.
Other form:Print version: Aslam, Aqib. Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom. Washington, D.C. : International Monetary Fund, ©2016 9781498338158
Standard no.:10.5089/9781498338158.001