1.
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Interest rates in China are composed of a mix of both market-determined interest rates (interbank rates and bond yields), and regulated interest rates (retail lending and[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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This paper analyzes the effects of an educational system expansion on labour market outcomes, drawing upon a 15-year natural experiment in the Russian Federation. Regiona[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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In emerging-market economies, real exchange rate adjustment is critical for maintaining a sustainable current account position and thereby for helping to reduce macroecon[...]
2011 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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4.
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After 10 years of impressive growth, India is now the fourth largest economy in the world. Yet, to date, India's impact on global commodity markets has been muted. The au[...]
2008 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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5.
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Since 2002, spreads on emerging market sovereign debt have fallen to historical lows. Given the close links between sovereign spreads, capital flows to emerging markets, [...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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6.
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This paper presents a multifactor asset pricing model for currency, bond, and stock returns for ten emerging markets to investigate the effect of the exchange rate regime[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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The author empirically assesses the effects of institutional and political factors on the need and willingness of governments to make large fiscal adjustments. In contras[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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Conventional wisdom holds that institutional changes and trade liberalization are two main sources of growth in per capita income around the world. However, recent resear[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
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9.
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The author suggests that commodity-linked bonds could provide a potential means for less-developed countries (LDCs) to raise money on the international capital markets, r[...]
2004 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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Microfinance institutions now serve over 10 million poor households in the developing and developed world, and much of their success has been attributed to their innovati[...]
2003 | Text | Staff Working Paper - Document de travail du personnel |
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