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Transparency and emerging market bond spreads : [Version June 2011] [PDF]
I investigate the effect of transparency on the borrowing costs of Emerging Markets Economies. Transparency is measured by whether or not the countries publish the IMF Article IV Staff report and the Reports on the Observance of Standards and Codes (ROSC)
Moretti, Laura
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Tumorigenesis in humans is a multistep progression that imitates genetic changes leading to cell transformation and malignancy. Oncogenic kinases play a central role in cancer progression, rendering them putative targets for the design of anti-cancer ...
Nazia Ikram +7 more
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The financial benefits of the IMF
The IMF provides loans to countries in financial distress at a relatively low interest rate. In this article we calculate how much the seven largest debtors to the IMF have saved on interest payments during the Asian crisis and its aftermath. We explain
Age F. P. Bakker, Martijn A. Schrijvers
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Note on Generalized Janus Configurations
We study several aspects of generalized Janus configuration, which includes a theta term. We investigate the vacuum structure of the theory and find that unlike the Janus configuration without theta term there is no nontrivial vacuum. We also discuss BPS
A. Clark +18 more
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Interest rates and international debt crisis
It has often been claimed that the international debt crisis has been made worse by the high level of interest rates payable on the debt. The purpose of this article is to analyse the recent evolution of interest rates and the contribution this has made ...
V.R. ERRUNZA, J.P. GHALBOUNI
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It is shown that the proton-neutron interacting boson model (pnIBM) admits new symmetry limits with O(12) algebra which break F-spin but preserves the quantum number M_F. The generators of O(12) are derived and the quantum number `v' of O(12) for a given
A Frank +44 more
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Developing countries’ external debt and the private banks
The paper discusses the permanence of the post-1973 developing country borrowing problem and assesses the adequacy of the steps taken by the international private banking system to protect itself against the risk of default on developing country debt ...
W.H.B. BRITTAIN
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Nonlocal Entanglement of 1D Thermal States Induced by Fermion Exchange Statistics
When two identical fermions exchange their positions, their wave function gains phase factor $-1$. We show that this distance-independent effect can induce nonlocal entanglement in one-dimensional (1D) electron systems having Majorana fermions at the ...
Lee, S. -S. B. +3 more
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The developing countries approached the Development Decade - the period 1960-1970 - with great expectations. While export prospects were viewed with some pessimism, a considerable increase in the rate of economic growth was forecast.
B. BALASSA
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Bank loans or bonds: some lessons of historical experience
The continuing international debt crisis has led some commentators to suggest that bond markets rather than banks would be a more appropriate method of financing development in the Third World.
H.W. ARNDT, P.J. DRAKE
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