 | Per Jacobsson Lecture : Latin America: Outlook and Challenges Ahead Author/Editor: Carmen Reinhart, Rodrigo O Valdes. Release Date:September, 2017 Latin America: Outlook and Challenges Ahead more...
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 | The Liquidation of Government Debt Author/Editor: Carmen Reinhart, M. Belen Sbrancia. Release Date:January, 2015 High public debt often produces the drama of default and restructuring. But debt is alsoreduced through financial repression, a tax on bondholders and savers via negative or belowmarketreal interest more...
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 | Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten Author/Editor: Carmen Reinhart, Kenneth Rogoff. Release Date:December, 2013 Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different more...
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 | Capital Inflows, Exchange Rate Flexibility, and Credit Booms Author/Editor: Nicolas E. Magud, Carmen Reinhart, Esteban Vesperoni. Release Date:February, 2012 The prospects of expansionary monetary policies in the advanced countries for the foreseeable future have renewed the debate over policy options to cope with large capital inflows that are, at least more...
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 | The Lending Channel in Emerging Economies : Are Foreign Banks Different? Author/Editor: Francisco F Vazquez, Carmen Reinhart, Marco Arena. Release Date:March, 2007 This paper exploits a panel dataset comprising 1,565 banks in 20 emerging countries during 1989- 2001 and compares the response of the volume of loans and the rates on loans and deposits to various more...
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 | FDI to Africa : The Role of Price Stability and Currency Instability Author/Editor: Carmen Reinhart, Kenneth Rogoff. Release Date:January, 2003 Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are obvious explanations for the absence of FDI, such as a high incidence of war. In this more...
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 | Capital Flows in the APEC Region Author/Editor: Carmen Reinhart, Mohsin S Khan. Release Date:October, 1995 The developing economies of the Asia Pacific Economic Cooperation (APEC) have been the recipients of a considerable volume of capital inflows in the 1990s. Given the increased integration of capital more...
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 | Saving Behavior in Low and Middle-Income Developing Countries : A Comparison Author/Editor: Masao Ogaki, Jonathan David Ostry, Carmen Reinhart. Release Date:January, 1995 The impact of changes in real interest rates on saving and growth is a central issue in development economics. According to one familiar view, a financial liberalization program which increases real more...
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 | Devaluation, Relative Prices, and International Trade : Evidence From Developing Countries Author/Editor: Carmen Reinhart. Release Date:November, 1994 Devaluation is an integral part of adjustment in many developing countries, particularly relied upon by countries facing large external imbalances. A devaluation can only reduce trade imbalances if more...
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 | The Behavior of Non-Oil Commodity Prices Author/Editor: Eduardo Borensztein, Peter Wickham, Mohsin S Khan, Carmen Reinhart. Release Date:September, 1994 This paper analyzes global commodity trends and concludes that the marked decline in real commodity prices of the past decade should be regarded as largely permanent and irreversible. The authors more...
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