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transactions take place. The authors find that globalization via the diversification channel expanded throughout the world during …
Persistent link: https://www.econbiz.de/10012975170
integrating financially with the rest of the world since the 1990s, using bilateral data on portfolio investments, syndicated bank …, theregion is increasingly more connected with itself and with the rest of the world, even relative to GDP. Second, although …
Persistent link: https://www.econbiz.de/10012935816
This paper reviews the published work on the governance of regulatory authorities in order to identify the basic governance standards that apply and some of the factors that affect the implementation of good governance. There are four pillars of good regulatory governance: independence,...
Persistent link: https://www.econbiz.de/10012973431
The accumulated experience of emerging markets over the past two decades has laid bare the tenuous links between external financial integration and faster growth, on the one hand, and the proclivity of such integration to fuel costly crises on the other. These crises have not gone without...
Persistent link: https://www.econbiz.de/10012975791
In much of the developing world, the demand for high frequency quality household data for poverty monitoring and …-to-survey imputation that makes use of small area estimation techniques. In addition to a standard base model, separate models are …
Persistent link: https://www.econbiz.de/10012972780
World Bank income groups for all summary measures, along with correlations between the summary measures and macroeconomic …
Persistent link: https://www.econbiz.de/10012888978
Between 1999 and 2008, world oil prices more than quadrupled in real terms. For oil importers, vulnerability to oil … domestic product. Oil intensity fell in more than half the countries in every income group and in every region of the world … pass-through to consumers of increases in world prices of gasoline, diesel, kerosene, and liquefied petroleum gas between …
Persistent link: https://www.econbiz.de/10012974899
countries around the world currently use some form of interest rate caps on loans -- all with varying degrees of effects …
Persistent link: https://www.econbiz.de/10012972605
This paper examines how financial development influences foreign direct investment. The direct and indirect sector-specific effects that source countries' financial development and destination countries' financial development can have on foreign direct investment are first identified in a...
Persistent link: https://www.econbiz.de/10012972608
The global financial crisis has focused much attention on procyclicality, particularly in the context of a macroprudential framework. This paper reviews a set of prudential measures that can be adopted by national authorities to deal with procyclicality and discusses issues in designing and...
Persistent link: https://www.econbiz.de/10012975729