Author(s): Amadou Sy , Rabah Arezki , and Thorvaldur Gylfason
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 January 2012
Keywords: natural resource, copper, inflation, commodity prices
INTRODUCTION In the late 1950s, Richard Musgrave made the case for a “three-function framework” which has influenced the way economists approach fiscal policy and its objectives to t...