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The Impact of Monetary and Commodity Fundamentals, Macro News and Central Bank Communication on the Exchange Rate: Evidence from South Africa
Égert, Balázs - Economics Department, Organisation de Coopération et … - 2009
This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007. We find strong nonlinear effects of commodity prices, perceived country and emerging market risk premium and changes in the dollar-euro exchange rate on...
Persistent link: https://www.econbiz.de/10005046067
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Policy Implementation in Italy: Legislation, Public Administration and the Rule of Law
O'Brien, Paul - Economics Department, Organisation de Coopération et … - 2013
streamlining and reduction of incentives to procrastination in the judicial system. Legislative simplification and transparency …
Persistent link: https://www.econbiz.de/10011276806
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The Role of Transparency in the Conduct of Monetary Policy
Minegishi, Makoto; Cournède, Boris - Economics Department, Organisation de Coopération et … - 2009
In contrast to the once prevailing norm of secrecy and opaqueness, transparency has now become one of the main features … converged markedly in the direction of ever greater transparency. Empirical evidence is consistent with the hypothesis that … transparency contributes to the successful conduct of monetary policy: higher transparency is a typical element of monetary …
Persistent link: https://www.econbiz.de/10008498035
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Russia's Long and Winding Road to a more Efficient and Resilient Banking Sector
Barnard, Geoff - Economics Department, Organisation de Coopération et … - 2009
In the decade following the 1998 financial crisis Russia’s banking system grew much larger and stronger – indeed, growth rates were dangerously high – but even before the onset of the current global crisis it continued to play a limited role in intermediating savings and investment,...
Persistent link: https://www.econbiz.de/10008498037
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Fifteen Years of Economic Reform in Russia: What has been Achieved? What Remains to be Done?
Ahrend, Rudiger; Tompson, William - Economics Department, Organisation de Coopération et … - 2005
The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...
Persistent link: https://www.econbiz.de/10005045923
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Banking Reform in Russia: Problems and Prospects
Tompson, William - Economics Department, Organisation de Coopération et … - 2004
supervision, steps to increase transparency in the sector, and measures to facilitate the development of specific banking …
Persistent link: https://www.econbiz.de/10005045927
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From "Clientelism" to a "Client-Centred Orientation"? The Challenge of Public Administration Reform in Russia
Tompson, William - Economics Department, Organisation de Coopération et … - 2007
need for far greater transparency of public bodies and stronger non-judicial means of redress for citizens wishing to …
Persistent link: https://www.econbiz.de/10005045967
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Contributions of Financial Systems to Growth in OECD Countries
Leahy, Michael; Schich, Sebastian; Wehinger, Gert; … - Economics Department, Organisation de Coopération et … - 2001
particularly their enforcement and transparency, support innovation and investment in new enterprises. In addition, using dynamic …
Persistent link: https://www.econbiz.de/10005046107