Economics, Econometrics and Finance
4 years ago

Venezuela's Oil-Dependent Economy Faces Turmoil Due to Fiscal Policy Shifts

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IMF Working Paper
Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela
Alfredo Baldini

Paper Summary

The article examines how fiscal policy affects business cycles in Venezuela, an oil-producing economy. The researchers found that changes in government spending and taxation can impact economic fluctuations in the country.

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