|Commodity Price Volatility and Inclusive Growth in Low-Income Countries|
Author/Editor: Rabah Arezki, Catherine A Pattillo, Marc G Quintyn, Min Zhu.
Release Date:October, 2012
In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of more...
|Education Attainment in Public Administration Around the World: Evidence from a New Dataset|
Author/Editor: Rabah Arezki, Herbert Lui, Marc Quintyn, Frederik G Toscani.
Release Date:September, 2012
The paper provides a detailed description of a novel dataset on education attainment in public administrations covering the period 1981-2011 for 178 countries. The dataset uses information extracted more...
|Structural Reforms, IMF Programs and Capacity Building: An Empirical Investigation|
Author/Editor: Rabah Arezki, Marc Quintyn, Frederik G Toscani.
Release Date:September, 2012
This paper investigates the role that International Monetary Fund (IMF) programs and capacity building play in fostering structural reforms. To do so, we exploit two novel datasets on IMF capacity more...
|Commodity Prices and Exchange Rate Volatility: Lessons from South Africa’s Capital Account Liberalization|
Author/Editor: Rabah Arezki, Elena Dumitrescu, Andreas Freytag, Marc Quintyn.
Release Date:June, 2012
We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980-2010. Our main findings is that prior to capital account liberalization the more...
|Institutional Transformations, Polity and Economic Outcomes: Testing the North-Wallis-Weingast Doorsteps Framework|
Author/Editor: Sophia Gollwitzer, Marc Quintyn.
Release Date:March, 2012
This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three more...
|The Economic Crisis : Did Financial Supervision Matter?|
Author/Editor: Marc Quintyn, Rosaria Vega Pansini, Donato Masciandaro.
Release Date:November, 2011
The Asian financial crisis marked the beginning of worldwide efforts to improve the effectiveness of financial supervision. However, the crisis that started in 2007?08 was a crude awakening: several more...
|Mother, Can I Trust the Government? Sustained Financial Deepening : A Political Institutionsview|
Author/Editor: Marc Quintyn, Genevieve Verdier.
Release Date:September, 2010
Only a minority of countries have succeeded in establishing a developed financial system, despite widespread financial liberalization. Confronted with this finding, the political institutions view more...
|The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments|
Author/Editor: Marc Quintyn, Sophia Gollwitzer.
Release Date:August, 2010
This paper analyzes the institutional conditions affecting the establishment and effectiveness of independent central banks and of budgetary institutions. It draws on the recent theory developed by more...
|African Finance in the Twenty-First Century|
Author/Editor: Genevieve Verdier, Marc Quintyn.
Release Date:January, 2010
Financial sector development in sub-Saharan Africa continues to lag behind the rest of the world, despite some recent positive achievements. There is a growing consensus that financial development more...
|Will they Sing the Same Tune? Measuring Convergence in the new European System of Financial Supervisors|
Author/Editor: Marc Quintyn, Donato Masciandaro, Marķa Nieto.
Release Date:July, 2009
In June 2009 a new financial supervisory framework for the European Union (EU) was endorsed, consisting of a macro- and a micro-prudential pillar. The latter is composed of a Steering Committee, a more...