Results 11 to 20 of about 14,584 (258)
Excess Savings Are Recession-Specific and Compensatory: Evidence From the US
There is a consensus among academics and policymakers that the excess savings built up by households during the past couple of years are specific to the pandemic.
Liviu Voinea, Prakash Loungani
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The Making of East Asia’s Electronics Champions
Sustained and high growth in East Asia was achieved by developing sophisticated export sectors, especially in electronics, spearheaded by national “champions.” Using the experience of four major East Asian semiconductor firms, we argue that four ...
Reda Cherif, Fuad Hasanov, Gary Xie
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The Day After Tomorrow: Designing an Optimal Fiscal Strategy for Libya
Libya is highly dependent on exhaustible and volatile hydrocarbon resources, which constitute the bulk of government revenues. Although resource wealth provides the means to promote socio-economic development, procyclical fiscal policies threaten ...
Carlos Caceres +3 more
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Fiscal federalism and regional performance in Russia
Sound regional policies are essential for balanced and sustained economic growth. The interaction of federal and regional policies with cross-regional structural differences affects human and physical capital formation, the business climate, private ...
Gabriel Di Bella +2 more
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Assessing Countries’ Financial Inclusion Standing – A New Composite Index
This paper leverages the IMF’s Financial Access Survey (FAS) database to construct a new composite index of financial inclusion. The topic of financial inclusion has gathered significant attention in recent years. Various initiatives have been undertaken
André Mialou +2 more
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Europe’s COVID-19 Crisis Response: A Race Well Run, But Not Yet Won
While Europe’s response to the pandemic has been laudable, there remains more to be done in order to prevent economic scarring and ensure a robust recovery.
Alfred Kammer, Nathaniel Arnold
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Macroprudential Policy Effectiveness: Lessons from Southeastern Europe
This paper presents a detailed account of the rich set of macroprudential measures (MPPs) implemented in Bulgaria, Croatia, Romania, and Serbia during their synchronized boom and bust cycles in 2002–12, and assesses their effectiveness in managing credit
Jérôme Vandenbussche +2 more
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International Monetary Fund [PDF]
The Annual Report of the Executive Directors of the International Monetary Fund for the fiscal year ended April 30, 1954, was transmitted to the Chairman of the Board of Governors on July 1, 1954. During the period under review, the report noted, important steps toward currency convertibility had been taken in several countries, notably Belgium ...
openaire +1 more source
The impact of weather on COVID-19 pandemic
Rising temperature levels during spring and summer are often argued to enable lifting of strict containment measures even in the absence of herd immunity.
Michael Ganslmeier +2 more
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Mauritius: The Drivers of Growth – Can the Past Be Extended?
Mauritius’s economic performance since its independence has been called “the Mauritian miracle” and the “success of Africa” (Romer, 1992; Frankel, 2010; Stiglitz, 2011). However, the future growth potential is more uncertain. In this paper, we use growth
Katsiaryna Svirydzenka, Martin Petri
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