The Impact of Natural Resource Discoveries in Latin America and the Caribbean

A Closer Look at the Case of Bolivia

The Impact of Natural Resource Discoveries in Latin America and the Caribbean
This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to discoveries over the short- and medium-run. Second, we use... READ MORE...

Publication date: February 2017
ISBN 9781475577570
$18.00

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