Author/Editor: Dhaneshwar Ghura, Rina Bhattacharya.

Release Date:August, 2006

This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political more...

Author/Editor: Toan Quoc Nguyen, Benedict J Clements, Rina Bhattacharya.

Release Date:March, 2006

The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign more...

Author/Editor: Rina Bhattacharya, Benedict J Clements, Sanjeev Gupta, Shamsuddin Tareq, Alex Segura-Ubiergo, Todd D Mattina.

Release Date:December, 2005

This paper discusses experiences in reestablishing fiscal management in postconflict countries. Building fiscal institutions in postconflict countries essentially entails a three-step process: (1) more...

Author/Editor: Toan Quoc Nguyen, Benedict J Clements, Rina Bhattacharya.

Release Date:December, 2003

This paper examines the channels through which external debt affects growth in low-income countries. Our results suggest that the substantial reduction in the stock of external debt projected for more...

Author/Editor: Rina Bhattacharya.

Release Date:June, 2003

This paper addresses the issue of the appropriate exchange rate regimes for Jordan and Lebanon in the context of the literature on optimum currency areas and the arguments concerning the use of the more...

Author/Editor: Benedict J Clements, Sanjeev Gupta, Shamit Chakravarti, Rina Bhattacharya.

Release Date:August, 2002

This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis of 22 conflict episodes shows that armed conflict is associated with lower more...