This paper explores how oil price shocks a ect scal policy and macroeconomic performance in an oil exporting small open economy. In this type of economy, oil price shocks in uence scal policy because they have nontrivial e ects on the government's budget constraint. On one hand, oil price shocks a ect revenue directly as oil revenue constitutes a large share of total revenue. On the other hand,...

Most agribusiness firms are small. Regardless of the measurements or standards employed, this assertion remains valid. It is perhaps, the natural end product of our free enterprise economy, where entrepreneurial spirit remains more pervasive than the economies of size. Or perhaps this characterization of the agribusiness industry is linked inseparably to the very atomistic nature of our total a...