This paper suggests a number of important policy issues for countries currently benefitting from the temporary coffee export boom. First and foremost among these policy concerns is the tendency of these countries to overspend on current consumption during booms, thereby reducing sustainable consumption in the future. A simple, rule-of-thumb is proposed to guide policy makers in determining the extent to which consumption spending should be allowed...
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INFORMACIÓN
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1986/12/31
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Documento de trabajo departamental
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CPD8645
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1
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1
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2017/11/18
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Disclosed
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Managing commodity export booms : the case of coffee
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