Author/Editor: Bogdan Lissovolik, Julio Escolano, Stefania Fabrizio, Werner Schule, Herman Z Bennett, Stephen Tokarick, Yuan Xiao, Marialuz Moreno Badia, Eva Gutierrez, Iryna V Ivaschenko.

Release Date:April, 2008

This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial more...

Author/Editor: Eva Gutierrez.

Release Date:March, 2008

This paper argues that the governance framework of cooperative banks may hamper raising capital, particularly at time of distress, complicating the bank resolution process ?specially for large more...

Author/Editor: Eva Gutierrez.

Release Date:November, 2006

This paper reviews a broad set of indicators of competitiveness in the Macedonian economy and estimates the equilibrium real effective exchange rate (REER) using different methodologies. Although the more...

Author/Editor: Antonio Garcia Pascual, Jorge Cayazzo, Socorro Heysen, Eva Gutierrez.

Release Date:January, 2006

The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit more...

Author/Editor: Eva Gutierrez.

Release Date:March, 2003

This paper explores the relationship between the constitutional entrenchment of central bank independence and inflation performance. Empirical studies for developing countries have not found a more...