This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as the region emerges from the recent financial and economic crisis. At the macroeconomic...
The Annual World Bank Conference on Development Economics (ABCDE) is a forum for discussion and debate of important policy issues facing developing countries. The conferences emphasize the contribution...
Three main features characterize the international financial integration of China and India. First, while only having a small global share of privately-held external assets and liabilities (with the exception...
Three main features characterize the international financial integration of China and India. First, while having a small global share of privately-held external assets and liabilities (with the exception...
After the breakup of the Soviet Union, the commonwealth of independent states (CIS-7) faced exceptional challenges in building new states, democratic institutions, and market economies. All of the CIS-7...
The authors analyze the prospects for greater monetary integration in Africa, in the wake of the European Monetary Union. They argue that the structural characteristics of African economies, are quite...