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Kremer, Michael; Miguel, Edward - 2004

The history of foreign development assistance is one of movement away from addressing immediate needs to a focus on the underlying causes of poverty. A recent manifestation is the move towards “sustainability,” which stresses community mobilization, education, and cost-recovery. This stands...

Persistent link: https://www.econbiz.de/10005162674

Underfunded Regionalism in the Developing World

Birdsall, Nancy - 2004

This paper argues that regional public goods in developing countries are under-funded despite their potentially high rates of return compared to traditional country-focused investments. Regional public goods only receive about 2.0-3.5 percent out of total ODA annually according to the definition...

Persistent link: https://www.econbiz.de/10005162631

Do as I Say Not as I Do: A Critique of G-7 Proposals on Reforming the MDBs

Kapur, Devesh - 2002

The paper addresses three key issues raised by the G-7 in its proposals to reform the multilateral banks, in 2001. One, the restructuring of IDA with a part of its lending in the form of grants rather than loans. Two, the harmonization of procedures, policies and overlapping mandates among MDBs....

Persistent link: https://www.econbiz.de/10005162680

Did the Indian capital controls work as a tool of macroeconomic policy?

Patnaik, Ila; Shah, Ajay - 2011

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence offers an opportunity to assess the extent to which these help achieve goals of macroeconomic and fi- nancial policy. We...

Persistent link: https://www.econbiz.de/10009204988

It's One World Out There: The Global Consensus on Selecting the World Bank's Next President

Wheeler, David - 2007

named by the international media. Between May 22 and May 31, CGD received nearly 700 responses from people whose … characteristics reflect the diversity of the international development community. Survey participants represent 71 nations; all world … assign the highest priorities to management effectiveness and international organization experience, followed in order by …

Persistent link: https://www.econbiz.de/10005162655

Revisiting the link between systemic risk and competition based on network theory and interbank exposures

Bátiz-Zuk, Enrique; Lara-Sánchez, José L. - 2021

This paper examines the link between bank competition measures and risk indicators using quarterly interbank exposures data for all banks in Mexico during 2008Q1-2019Q1. The classical literature focuses on disentangling the link between competition and individual bank solvency risk. In this...

Persistent link: https://www.econbiz.de/10013162032

Sovereign spreads in the Eurozone: Is market discipline working?

Zuccardi, Igor Esteban - 2015

This paper studies the behavior of sovereign spreads of countries in the European Monetary Union (EMU) and their apparent disconnection with country-specific fundamentals before the 2008- 2013 debt crisis. We test three characteristics of spreads: i) a change in the level of spreads, ii) a weak...

Persistent link: https://www.econbiz.de/10011445079

Caught in Geopolitical Fragmentation: How to De-risk Germany's Economic Model

de Quant, Sebastian; Tordoir, Sander; Vallée, Shahin - 2024

Stagnating globalisation, the possible weaponisation of dependencies by autocracies, and US-China tensions threaten to disrupt Germany's export-driven economic model. But German efforts to 'derisk' that model remain underdeveloped, as does its policy toolkit. Germany's most important trade...

Persistent link: https://www.econbiz.de/10014459427

Narrative Oekonomik: Europa als "Transferunion" oder "Risikogemeinschaft"? Eine empirische Analyse

Neuberger, Doris; Beretta, Edoardo - 2022

Oekonomische Entwicklungen werden oft durch Narrative, d. h. populaere bzw. allgemein verstaendliche und leicht wiedergebbare Erzaehlungen, Bilder sowie Interpretationen, beeinflusst. In Debatten ueber europaeische Integration, Staatsschuldenkrise und Loesungen zur Bewaeltigung der Coronakrise...

Persistent link: https://www.econbiz.de/10014459455

Estimation of Equilibrium Real Exchange Rate and of Deviations for Romania

Altar, Moisa; Albu, Lucian Liviu; Dumitru, Ionut; … - 2009

Equilibrium real exchange rate provides useful information on the harmonisation of convergence criteria with exchange rate stability criteria; a requirement for accession to the European Monetary Union. This study applies econometric procedures for identifying the equilibrium real exchange rate...

Persistent link: https://www.econbiz.de/10010527402

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