Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such … the period 1985–98. The association between military spending and corruption is ascertained by using panel regression … techniques. The results suggest that corruption is indeed associated with higher military spending as a share of both GDP and …

We show that US natural gas prices have decoupled from oil prices following substantial institutional and technological … linked to oil prices, though the nexus has loosened. Both high oil prices and a modest industrial recovery in partner …

policies and structural reforms, which have contributed to strong economic growth. They noted that absent the scaling up of … donor assistance in the near future, Ghana has decided to access the international capital market to finance prudently … selected infrastructure projects needed for achieving its growth. …

The Indonesian economy proved resilient during the global financial crisis, and has since continued to grow at a robust … rate. Increases in both foreign and domestic investment are expected to offset lower growth contributions from net exports … as import demand rises. A key risk is deterioration in growth for advanced economies. Continued exchange rate flexibility …

Indonesia’s growth in 2009 was four and a half percent, the third highest in the G-20 group of countries; and the … crisis. They welcomed the steps being taken by the authorities to further strengthen the resilience of the financial sector …

This 2008 Article IV Consultation discusses that Bulgaria has been hit by the global financial crisis, with clear signs …

After the global financial crisis, economic growth of the Philippines has increased. However, renewed shocks to global … growth and financial markets would affect Philippine exports and remittances. The Bangko Sentral ng Pilipinas (BSP …