Government response to oil price volatility: experience of 49 Developing Countries
This report examines the policy responses of 49 developing country governments to world oil price movements in the last three years. The sample includes 16 countries in Sub-Saharan Africa, 15 in Asia (Central, East, and South), 10 in Latin America, and 8 in the Middle East and North Africa. This report examines issues related to oil price levels and volatility in the downstream petroleum sector and other sectors where oil is an important input