Among the most puzzling observations for the euro money market are the bid shading in the weekly refinancing operations and the development of interest rate spreads. To explain these observations, we considera standard divisible-good auction à la Klemperer and Meyer (1989) with uniform or...

This study examines and provides reasons for the stalled implementation of an integrated approach to addressing security, environment and development challenges in Zone 3 of the International Conference on the Great Lakes Region (ICGLR). Zone 3, which covers the borderlands connecting Uganda,...