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Chapter 10. Inequality and Unsustainable Growth: Two Sides of the Same Coin?

Chapter 10. Inequality and Unsustainable Growth: Two Sides of the Same Coin? »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction In the long term, sustained growth is central to poverty reduction. The rapid growth seen in much of the world over the past few decades—notably, but not only, in China...

Essays on Commodity Price Volatility and Inclusive Growth

Essays on Commodity Price Volatility and Inclusive Growth »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Josette Sheeran We all remember 2008, when global food and fuel prices went through the roof, when we saw food riots in 35 countries, and when more than 115 million were added to the...

Chapter 3. The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives

Chapter 3. The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The problems created by abundant mineral wealth—commonly referred to as the natural resource curse—are mostly political, not economic. If low-income countries were gover...

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The comparative advantage of sub-Saharan African countries predominantly lies in the export of commodities, whether they be oil, mineral, or agricultural. Managing devel...

Chapter 7. Fiscal Policy for Commodity-Exporting Countries: Chile’s Experience

Chapter 7. Fiscal Policy for Commodity-Exporting Countries: Chile’s Experience »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Chile, a small economy strongly integrated into world markets, is an important producer and exporter of commodities. Copper dominates its market: Chile has a one-third s...

CHAPTER 5 Economic Growth: What Has Been Achieved and How?

CHAPTER 5 Economic Growth: What Has Been Achieved and How? »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

The promotion of sustainable economic growth is one of the principal objectives of ESAF-supported programs. This chapter examines the pattern of growth in ESAF countries over the past 10–15 years, drawing co...

Back Matter

Back Matter »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food...