 | Global Implications of Lower Oil Prices Author/Editor: Aasim M. Husain, Rabah Arezki, Peter Breuer, Vikram Haksar, Thomas Helbling, Paulo A. Medas, Martin Sommer. Release Date:July, 2015 The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors more...
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 | Fiscal Policy and Economic Cycles in Oil-Exporting Countries Author/Editor: Kamilya Tazhibayeva, Aasim M. Husain, Anna Ter-Martirosyan. Release Date:November, 2008 This paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate more...
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 | Evolution and Performance of Exchange Rate Regimes Author/Editor: Robin Brooks, Kenneth Rogoff, Ashoka Mody, Nienke Oomes, Aasim M. Husain. Release Date:May, 2004 The issue of the appropriate exchange rate regime for individual countries has been perennially lively, and the role played by international capital flows and domestic financial systems in more...
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