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Donor Competition for Aid Impact, and Aid Fragmentation

Author/Editor: Kurt Annen, Luc Moers.

Release Date: August, 2012

Price: $18.00

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be more...



Zambia: Staff Report for the 2012 Article IV Consultation

Release Date: July, 2012

Price: $18.00

De-monopolization Toward Long-Term Prosperity in China

Author/Editor: Ashvin Ahuja.

Release Date: March, 2012

Price: $18.00

During the past decade, the average Chinese earns roughly 9 times less and is 10 times less productive than the average American at purchasing power parity. Current consensus attributes large more...



Spillover Effects of Exchange Rates: A Study of the Renminbi

Author/Editor: Aaditya Mattoo, Prachi Mishra, Arvind Subramanian.

Release Date: March, 2012

Price: $18.00

This paper estimates the impact of China's exchange rate changes on exports of competitor countries in third markets, which we call the spillover effect. We use recent theory to develop an more...



Assessing Bank Competition within the East African Community

Author/Editor: Sarah Sanya, Matthew Gaertner.

Release Date: January, 2012

Price: $18.00

This paper is an empirical analysis of competitiveness in the banking system of four out of the five East African Community (EAC) countries2. The results show that the degree of competition is low more...



Bank Competition and Financial Stability : A General Equilibrium Exposition

Author/Editor: Marcella Lucchetta, Gianni De Nicolo.

Release Date: December, 2011

Price: $18.00

We study versions of a general equilibrium banking model with moral hazard under either constant or increasing returns to scale of the intermediation technology used by banks to screen and/or monitor more...



Greece : 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Greece

Release Date: May, 2008

Price: $18.00

The Greek economy showed strength supported by solid gains in employment, substantial real wage increases, low interest rates, and rapid credit expansion. Executive Directors appreciated the more...



St. Kitts and Nevis : 2007 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Release Date: April, 2008

Price: $18.00

The authorities announced a strategy to restore fiscal and debt sustainability, in conjunction with a transition out of sugar production. Discussions centered on restoring fiscal and debt more...



Belgium : 2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Release Date: March, 2008

Price: $18.00

Although economic performance has remained good, difficulties in building consensus for institutional reform have caused an ill-affordable hiatus in economic policymaking. Robust economic activity more...



El Salvador : 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for El Salvador

Release Date: March, 2008

Price: $18.00

In 2007, imports of consumer, intermediate, and capital goods grew at annual rates slightly exceeding 10 percent. Export growth lagged behind that of imports, as buoyant nontraditional exports, more...



Papua New Guinea : Selected Issues and Statistical Appendix

Release Date: March, 2008

Price: $18.00

This paper analyzes the workings and effectiveness of the monetary transmission mechanism in Papua New Guinea. The paper is organized as follows: it describes the current institutional structure in more...



Eastern Caribbean Currency Union : 2007 Discussion on Common Policies of Member Countries: Staff Report; and Public Information Notice on the Executive Board Discussion

Release Date: March, 2008

Price: $18.00

Over the last decade, the Eastern Caribbean Currency Union (ECCU) macroeconomic performance has deteriorated relative to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and more...



Germany : 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice; and Statement by the Executive Director for Germany

Release Date: February, 2008

Price: $18.00

The German economy has made major strides, helped by wide-ranging reforms. Greater transparency and stronger incentives for prudent action will support crisis prevention and management. The immediate more...



France : Selected Issues

Release Date: February, 2008

Price: $18.00

The export performance of the French economy relative to its own past and relative to a major trading partner, Germany, has deteriorated. The risk analysis indicates that French firms have seen a more...



Portugal : 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by Executive Director for Portugal

Release Date: October, 2007

Price: $18.00

This 2007 Article IV Consultation highlights that a modest recovery is finally under way in Portugal. Growth rose to 1.3 percent in 2006, led by strong external demand, which is driving a notable more...



Portugal : Selected Issues

Release Date: October, 2007

Price: $18.00

This Selected Issues paper analyzes Portugal’s export performance in 2006 and assesses whether it might augur a sustained recovery. The paper examines the factors underlying the recent export more...



Mexico : Financial Sector Assessment Program Update: Technical Note: Industrial Organization and Competition: Pension System in Mexico

Release Date: May, 2007

Price: $18.00

The technical note on Mexico’s Financial Sector Assessment Program update analyzes that the private pension system’s regulator in Mexico has introduced innovate rules. Mexico, as with more...



Mexico : Financial Sector Assessment Program Update: Technical Note: Organizational Arrangements for Effective Financial System Regulation, Supervision and Policymaking

Release Date: May, 2007

Price: $18.00

This paper discusses Mexico’s organizational arrangements for effective financial system regulation, supervision and policymaking. Reforms implemented encompassed the legal framework, more...



The Kingdom of Swaziland : 2006 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director

Release Date: March, 2007

Price: $18.00

This 2006 Article IV Consultation highlights that Swaziland’s economic performance has remained weak with growth averaging only 2 percent since 2000, owing to a substantial real appreciation of more...



Denmark : Financial Sector Assessment Program-Technical Note-Competition in the Banking Sector

Release Date: March, 2007

Price: $18.00

This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, more...



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