According to Frankel and Catao (2011), a commodity-exporting developing economy is advised to target the product price rather than consumer price, as the former monetary policy is automatically countercyclical against the volatile terms of trade shock. It is important to discuss this topic by addressing the regulation of a fiscal policy that best adapts to current macroeconomic shocks.
Fiscal rules represent a renewal of the science of public finance ❤❤❤❤❤
According to Frankel and Catao (2011), a commodity-exporting developing economy is advised to target the product price rather than consumer price, as the former monetary policy is automatically countercyclical against the volatile terms of trade shock. It is important to discuss this topic by addressing the regulation of a fiscal policy that best adapts to current macroeconomic shocks.
good ; But no one abides by these rules 😢😢😢
❤️👍🎉 from morocco
Wellcome
Masopha Matela cropfarming and Livestock
Masopha Matela cropfarming and Livestock
Yep, not renewing in 2026
Genesis of Bible and Torah: One heir of Cain, for every seven of their victims. They have genocided more than three billion people. INRIX
Bye