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This paper uses a panel of data from 22 countries between 1967 and 1992 to explore the trade-off between the `Holy Trinity' of fixed exchange rates, independent monetary policy, and capital mobility. I use: flexible- and sticky-price monetary exchange rate models to parameterize monetary...
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resource and user communities. This has resulted in fragmentation of management leading to the lack of alignment between formal … and informal institutions, and competition for power and authority for management. Fragmentation is also leading to loss …
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the periphery are remarkably innovative even in the absence of critical innovation masses. In this paper we examine one …
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primarily by the positive contribution of more stable inflows of 'governance aid'. We conclude the data do not support the view …
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The government's ability to deliver inclusive growth crucially depends on the quality of governance. This paper reviews … the linkages between governance and inclusive growth, and key policies to improve governance. The policies include (1 …
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