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regions of the world. We also find that bilateral loans follow economic links captured through bilateral trade, and political …
Persistent link: https://www.econbiz.de/10014477205
the World Bank (WB). Finally, we find evidence of synchronization between MDBs and IMF during fiscal crises. …
Persistent link: https://www.econbiz.de/10011959415
driven by the behavior of the World Bank (borrowing from regional development banks tends to be acyclical). The paper also … regions. Private sector lending is instead procyclical in all developing regions. While the cyclicality of official lending …
Persistent link: https://www.econbiz.de/10011715722
driven by the behavior of the World Bank (borrowing from regional development banks tends to be acyclical). The paper also … regions. Private sector lending is instead procyclical in all developing regions. While the cyclicality of official lending …
Persistent link: https://www.econbiz.de/10011784486
Persistent link: https://www.econbiz.de/10011735023
Compared with China's pre-eminent status in world trade, its role in global finance is poorly understood. This paper … World Bank. These "hidden debts" distort policy surveillance, risk pricing, and debt sustainability analyses. Since China …
Persistent link: https://www.econbiz.de/10012159810
Persistent link: https://www.econbiz.de/10012181069
We develop a dynamic recursive model where political and economic decisions interact, to study how excessive debt-GDP ratios affect political sustainability of prudent fiscal policies. Rent seeking groups make political decisions - to cooperate (or not) - on the allocation of fiscal budgets...
Persistent link: https://www.econbiz.de/10011302496
Persistent link: https://www.econbiz.de/10014248287
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