Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date: August, 2012

We present empirical evidence that the Thai baht’s value is driven in part by investors’ cross-border equity portfolio rebalancing decisions. Our results are based on comprehensive more...

Author/Editor: Nicoletta Batini, Giovanni Callegari, Giovanni Melina.

Release Date: July, 2012

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract more...

Author/Editor: Shawn Cole, Xavier Gine, Jeremy Tobacman, Petia Topalova, Robert M. Townsend, James Ian Vickery.

Release Date: July, 2012

Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and more...

Release Date: April, 2012

Barring the realization of downside risks to the global economy, growth in the Asia and the Pacific region is expected to gain momentum over the course of 2012, according to this report, and now more...

Release Date: March, 2012

Author/Editor: Nkunde Mwase, Yongzheng Yang.

Release Date: March, 2012

Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding more...

Release Date: February, 2012

Author/Editor: Deniz Igan, Heedon Kang.

Release Date: December, 2011

With another real estate boom-bust bringing woes to the world economy, a quest for a better policy toolkit to deal with these boom-busts has begun. Macroprudential measures could be in such a more...

Author/Editor: Nkunde Mwase.

Release Date: November, 2011

BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of more...

Release Date: October, 2011

Release Date: October, 2011

Release Date: March, 2011

Author/Editor: John D Brondolo, Frank Bosch, Eric Le Borgne, Carlos Silvani.

Release Date: May, 2008

Tax administration reforms can play an important role in fiscal adjustment. This role is examined by reviewing Indonesia's tax reform cum fiscal adjustment experience since 2001. The paper describes more...

Release Date: December, 2007

This Detailed Assessment Report focuses on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for Thailand. The report discusses that Thailand has a legal framework in the more...

Release Date: July, 2007

This paper discusses the enhanced Heavily Indebted Poor Countries (HIPC) Initiative of the Islamic Republic of Afghanistan. Afghanistan’s economy achieved a major recovery, with robust GDP more...

Release Date: July, 2007

This Selected Issues paper on Thailand reviews public investment and investment recovery from financial crises. Thailand is a country with a moderate tax effort, which indicates that increases in more...

Release Date: May, 2007

This Selected Issues paper analyzes the underlying factors that explain the behavior of the Kiwi dollar. The findings suggest that the factors influencing the New Zealand dollar have been changing. more...

Release Date: March, 2007

This paper discusses key findings of the First Review Under the Poverty Reduction and Growth Facility (PRGF) for Afghanistan. Despite a difficult security environment and persistent expenditure more...

Release Date: March, 2007

This Selected Issues paper highlights the Philippine growth performance led by the services sector. Average GDP growth is higher in the post-Asian crisis period in the Philippines, while the majority more...

Release Date: March, 2007

This paper examines and tests the existence of political budget cycles in Papua New Guinea during the period 1988–2004. Several factors point to the existence of political budget cycles in more...