"An examination of privatization from an economic perspective. The authors evaluate the effects of ownership transfer on economic performance and market structure in seven developing countries: Jamaica, Trinidad and Tobago, Malaysia, Papua New Guinea, Sri Lanka, Kenya, and Malawi"--Handbook of...

We examine the properties of alternative monetary policy rules in response to large aid surges in low-income countries characterized by incomplete capital market integration and currency substitution. Using a dynamic stochastic general equilibrium model, we show that simple monetary rules that...