Uzbekistan embarked on an ambitious reform path in 2017, starting to liberalize its economy after years of state control. Incomes are still relatively low compared to other emerging economies. Uzbekistan entered the COVID-19 crisis with relatively strong macro-economic fundamentals

Financial boom-bust cycles -- Lending booms and lending standards / Giovanni Dell'Ariccia, Robert Marquez -- Are weak banks leading credit boom? : Evidence from emerging Europe / Deniz Igan, Natalia Tamirisa -- Growth dynamics : the myth of economic review / Valerie Cerra, Sweta Chaman Saxena --...

This Selected Issues paper on Nepal measures the extent to which Nepal's households change their expenditure patterns and labor supply in response to remittances, using the Nepal Household Risk and Vulnerability Survey-2016 and employing a propensity score matching method. This study provides...

This Selected Issues paper examines the degree to which inflation co-moves between India and a panel of countries in Asia. The paper shows that the considerable co-movement in headline inflation rates between India and Nepal is driven almost exclusively by food-inflation co-movement. By...