Managing Commodity Booms--and Busts

Front Cover
In developing countries dependent on a few commodities for their exports, booming commodity markets can be beneficial or detrimental depending how they manage the windfalls. Two key problems need to be addressed: the fluctuations in income, and transitory bonanzas in foreign exchange earnings. This second effect, in particular, is likely to cause the exchange rate to appreciate above its long-term sustainable level. - Foreword.

From inside the book

Contents

Why booms happen
1
Managing booms and busts
8
Who manages the boom?
17
Copyright

Other editions - View all

Common terms and phrases

Bibliographic information