This paper assess how priorities of the IMF's membership have evolved over the past two decades, by using text mining techniques on a unique dataset combining IMFC communiques and constituency statements. Our results reveal significant variation in priorities across time and constituencies....

This paper studies the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare, with their benefits turning into costs beyond a...

Jordan's initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. Significant uncertainties remain regarding the feasibility of the initiatives and their potential fiscal...