The paper concludes that world copper prices play an important role in short-term fluctuations and probably influence …

Chile's small open economy with significant mismatch between the production and consumption baskets may be represented …

evidence of NDFs leading onshore markets for a few currencies. Policy approaches to NDFs vary widely across Asia from close …

Asia proved to be remarkably resilient in the face of the global financial crisis, but why was its output performance … vulnerabilities—contributed significantly to Asia’s resilience. Key pre-crisis factors included moderate credit expansion, reliance on … financial crisis. Looking ahead, Asia is in the process of adjusting to more volatile external conditions and higher risk …

extrapolations from U.S.evidence. The analysis is illustrated for the case of Chile, though it could be applied to other countries …