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Financial dollarization and central bank credibility
Cowan, Kevin - 2003
Persistent link: https://www.econbiz.de/10010523353
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Optimal devaluations
Hevia, Constantino - 2009
"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...
Persistent link: https://www.econbiz.de/10011394220
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Democracy, credibility, and clientelism
Keefer, Philip - 2005
. Politicians can overcome their credibility deficit in two ways. First, they can build reputations. This requires that they fulfill … commitments to their clients. Endogenizing credibility in this way, the authors find that targeted transfers and corruption are …-electoral promises. They also argue that in the absence of political credibility, political reliance on patrons enhances welfare in the …
Persistent link: https://www.econbiz.de/10010522726
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Are external shocks responsible for the instability of output in low income countries?
Raddatz, Claudio E. - 2005
Persistent link: https://www.econbiz.de/10010522520
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Volatility and Growth
Hnatkovska, Viktoria - 2004
Persistent link: https://www.econbiz.de/10010523118
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Can fiscal rules help reduce macroeconomic volatility in the Latin America and Caribbean Region?
Perry, Guillermo - 2003
Persistent link: https://www.econbiz.de/10010523355
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World Development Report 1983 : World Economic Recession and Prospects for Recovery; Management in Development; World Development Indicators
1983
This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world...
Persistent link: https://www.econbiz.de/10010526320
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Lebanon Economic Monitor, Spring 2015
World Bank - 2015
The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other...
Persistent link: https://www.econbiz.de/10012564523
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Lebanon Economic Monitor, Fall 2013
World Bank - 2013
The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context, and assesses the implications of these developments and other...
Persistent link: https://www.econbiz.de/10012564568