Author/Editor: Donal McGettigan, Xavier Debrun, Mark E L Griffiths, Reza Moghadam, Ernesto Ramirez Rigo, Martin Schindler, Mats Josefsson, Cheng Hoon Lim, Christian Keller, Christoph Klingen, Chris Lane, Oya Celasun, Ashoka Mody, Dewitt Marston, Mathew A Verghis.

Release Date:September, 2005

The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and more...

Author/Editor: Jeronimo Zettelmeyer, Beatrice Weder, Christoph Klingen.

Release Date:January, 2004

We estimate ex post returns to emerging market debt by combining secondary-market prices with observed flows based on World Bank data. From 1970-2000, returns averaged 9 percent per annum, about the more...