Emerging markets and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals - such as large foreign exchange reserves, sound fiscal positions, and low...

This study quantifies the outflow of human capital associated with migration from Guatemala, El Salvador, and Honduras since 1990. To measure the outflow of skills and human capital and how this has changed over time, the study uses information on Northern Triangle migrants residing in the...

To what extent does immigration affect the economic institutions in destination countries? While there is much evidence that economic institutions in developed nations are either unaffected or improved after immigration, there is little evidence of how immigration affects the economic...

Millions of forcibly displaced people apply for asylum every year facing uncertain outcomes. What can explain cross-country heterogeneity in these outcomes? This study provides estimates of the determinants of asylum admission policies in host countries using a bilateral panel data set covering...