 | Financial Repression is Knocking at the Door, Again Author/Editor: Etibar Jafarov, Rodolfo Maino, Marco Pani. Release Date:September, 2019 Financial repression (legal restrictions on interest rates, credit allocation, capital movements, and other financial operations) was widely used in the past but was largely abandoned in the more...
| Price: $18.00
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| Drivers of Cross-Border Banking in Sub-Saharan Africa Author/Editor: Paul Henri Mathieu, Marco Pani, Shiyuan Chen, Rodolfo Maino. Release Date:July, 2019 Using data collected from pan-African banks’ (PABs), balance sheets and other sources (Orbis, Fitch), this study identifies some key patterns of cross-border investment in bank subsidiaries by key more...
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| Crisis and Reform: The 1893 Demise of Banca Romana Author/Editor: Marco Pani. Release Date:December, 2017 More than a century later, the Banca Romana crisis still provides useful insights on the challenges of preserving financial stability. This paper reviews the case and discusses implications that can more...
| Price: $18.00
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| Financial Stability Reports in Latin America and the Caribbean Author/Editor: Cheng Hoon Lim, Alexander D Klemm, Sumiko Ogawa, Marco Pani, Claudio Visconti. Release Date:March, 2017 Many countries in Latin America and the Caribbean now publish financial stability reports. This study reviews their latest issues to assess their content, quality, and transparency. While some more...
| Price: $18.00
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 | Building Resilience in Sub-Saharan Africa's Fragile States Author/Editor: Enrique Gelbard, Corinne Deléchat, Ejona Fuli, Mumtaz Hussain, Ulrich Jacoby, Dafina Glaser, Marco Pani, Gustavo Ramirez, Rui Xu. Release Date:June, 2015 This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview more...
| Price: $20.00
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 | Dollarization in Sub-Saharan Africa : Experiences and Lessons Author/Editor: Mauro Mecagni, Juan S Corrales, Jemma Dridi, Rodrigo Garcia-Verdu, Patrick A Imam, Justin Matz, Carla Macario, Rodolfo Maino, Yibin Mu, Ashwin Moheeput, Futoshi Narita, Marco Pani, Manuel Rosales Torres, Sebastian Weber, Etienne B Yehoue. Release Date:May, 2015 Dollarization—the use of foreign currencies as a medium of exchange, store of value, or unit of account—is a notable feature of financial development under macroeconomically fragile conditions. more...
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 | Expenditure Composition and Economic Development in Benin Author/Editor: Marco Pani, Mohamed El Harrak. Release Date:May, 2010 This paper analyzes expenditure composition and economic development in Benin. It addresses some specific issues on the basis of a stylized model of the Beninese economy that highlights the tradeoff more...
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| Hold Your Nose and Vote : Why Do Some Democracies Tolerate Corruption? Author/Editor: Marco Pani. Release Date:April, 2009 This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result from a well-informed rational choice of the citizens. By applying a more...
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| Is Russia Still Driving Regional Economic Growth? Author/Editor: Marco Pani, Etibar Jafarov, Clinton R Shiells. Release Date:October, 2005 This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It more...
| Price: $15.00
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