Experiences with Financial Liberalization provides a broad spectrum of policy experiences relating to financial liberalization around the globe since the 1960s. There is a sizable body of theoretical and aggregative empirical literature in this area, but there is little work documenting and...

This chapter presents a comparative analysis of the background, governance and economic impacts of two existing short-term liquidity mechanisms, the Chiang Mai Initiative Multilateralization (CMIM) and the Latin American Reserve Fund (referred to by its better-known Spanish acronym, FLAR - Fondo...

This paper examines the evolution of female labor market outcomes from 1987 to 2008 by assessing the role of changing labor demand requirements in four developing countries: Brazil, Mexico, India and Thailand. The results highlight the importance of structural change in reducing gender...

Die großen Leistungsbilanzdefi zite der USA und die spiegelbildlich angehäuften Währungsreserven in US-Dollar haben Kritik an der Schlüsselwährung und Vorschläge für eine Änderung der derzeitigen Weltwährungsordnung hervorgerufen. Sowohl global als auch regional sind mehr oder weniger...