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The Lebanon Economic Monitor provides an update on key economic developments and policies overthe 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/10012246685
"The rapid rise in food prices has been a burden on the poor in developing countries, who spend roughly half of their household incomes on food. This paper examines the factors behind the rapid increase in internationally traded food prices since 2002 and estimates the contribution of various...
Persistent link: https://www.econbiz.de/10010521077
Persistent link: https://www.econbiz.de/10010523012
"While providing the most reliable method of evaluating social programs, randomized experiments in industrial and developing countries alike are accompanied by political risks and ethical issues that jeopardize the chances of adopting them. Buddelmeyer and Skoufias use a unique data set from...
Persistent link: https://www.econbiz.de/10010522948
Persistent link: https://www.econbiz.de/10010523040
"This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns using an international sample of 1,334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading...
Persistent link: https://www.econbiz.de/10011394131
"In contrast with a growing literature on the drivers of aggregate volatility in developing countries, its consequences … aggregate volatility has a regressive, asymmetric, and non linear impact, as reflected in the strong influence of extreme output …
Persistent link: https://www.econbiz.de/10011394189
exchange rate volatility, and (b) trade and financial openness may have a potential role of mitigating and/or amplifying real … openness to exacerbate or mitigate real exchange rate volatility. The authors collected information on the real effective …) High real exchange rate volatility is the result of highly volatile productivity shocks, and sharp oscillations in monetary …
Persistent link: https://www.econbiz.de/10011394190
spectacularly narrowed down, but this effect is dwarfed by that of world-price volatility. A counterfactual analysis based on a …
Persistent link: https://www.econbiz.de/10010522083
"The author examines the impact of the volatility of foreign portfolio investment on the financial constraints of small …, the author finds that the volatility of foreign portfolio investment is only significantly associated with a decreased … volatility of foreign portfolio investment only hinders the growth of small firms significantly in periods when nations are …
Persistent link: https://www.econbiz.de/10010522403