at challenges lying ahead for official statistics, namely, how to deal with digitalization and globalization, and how to …

initiative to address currency risk in low- and middle-income economies so they can more fully exploit economic development …

We propose an original analysis of the second globalization era, using an alternative range of equity prices … integration indicators based on the topological structure of world equity markets. The sample includes 32 countries over the … highlights that the second globalization era is characterized by an increasing unpredictability of the structure and dynamics of …

examine how changes in the perceived risk associated with future returns across world financial markets contributed to … cannot run Ponzi schemes or exploit arbitrage opportunities in world financial markets. It provides guidance on how external …

We provide a new measure of sovereign country risk exposure to global sovereign tail risk (SCRE) based on information … monetary policy. We show that our risk exposure variable reacts significantly more than mean (median) CDS spreads to macro …-financial risks. Our results therefore imply that good fundamentals protect countries against sovereign risk especially in times of …

the literature as a retreat in financial globalization. In this paper, we argue that aggregate figures are not sufficient …

facility during Article IV consultations; and iii) liquidity funded by the world's “issuers of last resort.” These principles …