Although Timor-Leste has made considerable progress in many areas since its independence in 2002, it faces significant medium-term challenges. The nation has pressing development needs, young institutions, and is highly dependent on oil. Oil revenues from active fields, which have been the main...

Chapter One Overview of the Book -- Chapter Two Economic Diversification to Reduce Natural Resource Dependency in the Literature -- Chapter Three Methodology and Empirical specification -- Chapter Four Data Presentation and Analysis -- Chapter Five: Presentation of Results -- Chapter Six Overall...

Emerging markets (EM) face their fifth consecutive year of slowing growth and a possibly longer period of sluggish performance than previously thought. This paper presents a comprehensive analysis of the nature of and the appropriate policy responses to the growth slowdown in EM. It reports...