Inter-American Development Bank: 'Commodity Prices and Fiscal (Pro)Cyclicality'
November 08, 2025
November 08, 2025
WASHINGTON, Nov. 8 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper in October 2025 entitled "Commodity Prices and Fiscal (Pro)Cyclicality."
Here is the introduction:
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The cyclicality of fiscal policy in Emerging Markets and Developing Economies (EMDEs) has long been a subject of intense debate in macroeconomics. Conventional wisdom, supported by extensive empirical evidence, suggests that fiscal policy in the . . .
Here is the introduction:
* * *
The cyclicality of fiscal policy in Emerging Markets and Developing Economies (EMDEs) has long been a subject of intense debate in macroeconomics. Conventional wisdom, supported by extensive empirical evidence, suggests that fiscal policy in the . . .