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Harvard Kennedy School
Jeffrey Frankel
James W. Harpel Professor of Capital Formation and Growth
Jeffrey Frankel
James W. Harpel Professor of Capital Formation and Growth
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Currency Policies

Commodities

  • Commodity Prices: Macro Determinants
  • Natural Resource Curse
  • Policies for Commodity-Exporting Countries
    • Fiscal Policy: Cyclicality
    • Currency Policies
    • Macroeconomic Policies for Commodity Exporters
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"Coping with commodity price volatility: an idea for exporting countries," GlobalDev, Feb. 8, 2018.

"Currency-Plus-Commodity Basket: A Proposal for a New Exchange Rate Arrangement for Gulf Oil-Exporting Countries," in Policy Brief No. 26, June 2017 (Economic Research Forum, Cairo).  Summarized in “A new exchange rate regime for oil-exporting countries,”  The Forum, ERF Policy Portal, Dec.12, 2017;  

“A Comparison of Monetary Anchor Options for Commodity-Exporters in Latin America and the Caribbean,” workshop on Myths and Realities of Commodity Dependence: Policy Challenges and Opportunities for Latin America and the Caribbean, World Bank, Sept.2009.  Slides.   Box in Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts (World Bank, 2010).

"UAE & Other Gulf Countries Urged to Switch Currency Peg from the Dollar to a Basket That Includes Oil,"  VoxEU, 9 July, 2008
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"Iraq’s Currency Solution? Tie the Dinar to Oil,"  The International Economy, 17, no.4, Fall 2003, pp. 54-57..

A Proposal to Tie Iraq’s Currency to Oil published as "A Crude Peg for the Iraqi Dinar," Financial Times, June 13, 2003.

Jeffrey Frankel
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