"The authors apply regime-switching methods to a monetarist model of exchange rates and identify well-defined intervention policy cycles. The policy response indices include a standard exchange market pressure-based index and a model-based volatility ratio that is endogenized relative to Japan,...

In a context of increased primary school enrollment rates, secondary education is appearing as the next big challenge for Latin American and East Asian countries. This report seeks to undertake a detailed diagnostic of secondary education in these two regions, understand some of the main...

Growth in the Emerging East Asia region is expected to reach a little over 6 percent in 2005, down modestly from the exceptionally strong 7.2 percent pace of 2004. One of the clearly most fortunate developments of the last two years is the unexpectedly limited effect on economic growth of the...

Developing East Asia is battling the forces of global recession. The impact of the crisis in the advanced countries was transmitted to the economies of the region with unusual speed. In the region, the initial global financial turbulence was marked by sudden reversals of capital flows in the...

ABCDE 2010 Global presents papers from a global gathering of the world's leading development scholars and practitioners held June 22-24, 2009 in Seoul, Republic of Korea. Paper themes include: Industrial Policy and Development; Social Capital, Institutions, and Development; Financial Crisis and...

Latin American and Caribbean (LAC) region were bumping against capacity constraints with unemployment reaching historically low levels and economic activity hitting bottlenecks and central banks were thus engaged in combating upward price pressures through tighter monetary policies. The focus of...

"This paper analyzes the economic growth impact of organized political violence. First, the authors articulate the theoretical underpinnings of the growth impact of political violence in a popular model of growth under uncertainty. The authors show that, under plausible assumptions regarding...