the new exposure to fluctuating rates of exchange, interest and inflation. China has recently adopted a version of the … International Financial Reporting Standards (IFRS) in an effort to improve the quality of information available for risk management … and for pricing of risk. This paper analyzes the gains in transparency from the implementation of IFRS in Europe as of …

The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new … disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long-run cross-section and … alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing …